Irish mortgage arrears fall again despite cost-of-living pressuresProportion of mortgages in arrears of more than 90 days has fallen every quarter since 2013Fri Dec 16 2022 - 13:14
Mortgage bills to rise again for 300,000 homeowners as ECB hikes ratesTánaiste rules out any short-term move to reintroduce mortgage interest relief for homeownersFri Dec 16 2022 - 05:00
Year ends with cold dose of reality from central banks on inflation and interest rates ECB spooks markets with updated forecast predicting inflation will stay elevated for the next three yearsThu Dec 15 2022 - 18:35
ECB adds to pressure on mortgage-holders with half percentage point interest rate rise Lower rate hike suggests inflation may be slowing but fourth increase since July means interest rates have now jumped from zero to 2.5%Thu Dec 15 2022 - 13:15
Ireland to experience sharp growth slowdown as cost-of-living pressures mountReports from ESRI and OECD warn economy will grow at much-reduced pace in 2023, with real incomes falling due to inflationThu Dec 15 2022 - 05:00
Major tech sector reversal could wipe €34bn off value of Irish economyESRI assesses importance of sector to Ireland in light of recent high-profile job layoffsThu Dec 15 2022 - 05:00
ESRI warns of sharp slowdown in growth as cost-of-living pressures mountInstitute upgrades forecast for inflation while warning Irish economy faces significant headwindsThu Dec 15 2022 - 05:00
Schemes to help first-time buyers may be fuelling house prices – OECDParis-based agency cautions against stimulating demand in supply-constrained marketWed Dec 14 2022 - 17:39
Ireland’s economic growth will slow significantly next year, OECD warns Agency also cautions that high costs and low confidence will reduce companies’ incentives to investWed Dec 14 2022 - 10:10
European shares hit one-week highs on US inflation dataInterest rate sensitive stocks and banks rally on hopes that data will lead to slowdown in pace of interest rate risesTue Dec 13 2022 - 20:03
More than a quarter of Irish-based businesses now selling onlineCSO survey highlights the extent of digitalisation among Irish firmsTue Dec 13 2022 - 17:09
Average dairy farm income in Ireland surges to record €148,000 Farming agency Teagasc says dairy sector benefited from a jump in milk prices combined with no change in supplyTue Dec 13 2022 - 12:31
Northern Ireland’s economy expected to fall into recession next yearIn its latest quarterly bulletin, Danske Bank forecast economic activity in the North would decline by 1 per cent in 2023Tue Dec 13 2022 - 05:15
Big pharma drives record €165bn worth of exports last year - CSO Agency’s figures also point to partial displacement of trade following UK’s exit from EUMon Dec 12 2022 - 14:09
State needs to build 50,000 homes a year to solve housing crisis - property sector surveyMajority of real estate professionals also believe the introduction of residential zoned land tax will disincentivise land hoardingMon Dec 12 2022 - 12:36
Developer tax break could trigger political firestormWhen you buy a new home, the builder retains 86.5% of the purchase price and remits 13.5% to Government as VATSun Dec 11 2022 - 13:01
Moving on: Donohoe leaves behind a reputation for calm and pragmatism Adroit work during Covid and success as Eurogroup head burnish outgoing finance minister’s credentials, but critics point to lack of spending restraintFri Dec 09 2022 - 05:15
Inflation may be close to reaching its peak, says ECB chief economistPhilip Lane warns interest rates will still need to be raised again, as prices surge across OECD countriesTue Dec 06 2022 - 12:47
Third of Irish SMEs forced to write off bad debts in past 12 months, survey findsReport by financial services group Bibby highlights range of financial issues facing businesses in IrelandMon Dec 05 2022 - 12:54
Makhlouf expects ECB to lift interest rates by minimum of 0.5% at its December meetingCentral Bank governor says it is premature to be talking about end-point for policy rates given uncertaintyMon Dec 05 2022 - 09:57
Fusion Antibodies makes £1.1m loss as it restructures businessBelfast biotech firm says it is repositioning company’s service offering to best serve clientsMon Dec 05 2022 - 08:14
Keywords Studio enters deal to acquire US digital support business Helpshift for $75mSan Francisco-based Helpshift develops customer support automation tool used by clients including Supercell, Tencent and ZyngaMon Dec 05 2022 - 07:49
Corporate tax windfall likely to hit €23bn this year, exceeding Government forecastsCorporate tax generated a record €21.1 billion for the first 11 months of the year, which is €7.6 billion ahead of the same period last year.Mon Dec 05 2022 - 05:00
Ireland’s top firms focusing more on ESG issues Spencer Stuart report shows ESG increasingly important for listed firmsMon Dec 05 2022 - 05:00
Services activity slows to ‘crawl’ amid recession fearsServices PMI is closely watched measure of health of the economyMon Dec 05 2022 - 00:01
How EU made a fundamental error when determining Irish house prices are not overvaluedAre house prices too high? The Commission doesn't seem to think soSun Dec 04 2022 - 12:24
State’s domestic economy contracts as cost-of-living challenges mountEconomic activity, as measured by modified domestic demand (MDD), falls by 1.1 per cent between July and SeptemberFri Dec 02 2022 - 12:07
Housing targets under major threat amid slump in homebuildingCSO figures point to a sharp slowdown in residential construction on foot of increasing costsFri Dec 02 2022 - 03:00
European stocks close above three-month high on Fed, China cheerStoxx 600 up 0.9%, scaling highs last seen in AugustThu Dec 01 2022 - 19:44
Insurance customers mistakenly believe loyalty is rewarded, study findsCentral Bank report examines engagement and switching patterns among car and home insurance consumersThu Dec 01 2022 - 15:13
Homebuilding slumps by 16% as construction inflation soarsCSO figures point to a slowdown in construction output on foot of increasing costsThu Dec 01 2022 - 12:34
Beacon Hospital swings back into profit as pandemic wanesTurnover at private facility rose 24 per cent to €188.5 million last year, accounts showThu Dec 01 2022 - 05:00
Card spending falls in October as cost-of-living pressures mountCentral Bank data can be leading indicator of trends in wider economyWed Nov 30 2022 - 13:37
Unemployment still at two-decade low despite souring outlookLatest official figures put headline jobless rate at two-decade low of 4.4%Wed Nov 30 2022 - 11:44
Wages rising at half the rate of inflation, CSO figures showAverage weekly earnings rose at an annual rate of 3.2 per cent in the third quarter while inflation was approximately 8 per centTue Nov 29 2022 - 14:31
New Greencore boss says sandwich business more recession-proof than most Group operating profit at Greencore increased to £52.1 million (€60.3 million) for the 12 months to September 22 from £42.8 million the year beforeTue Nov 29 2022 - 07:58
It’s depressing that two big trends driving Ireland’s housing crisis continue unabatedTwo decades on and the State’s housing woes are as bad as ever while the arguments about what the solution is continueSun Nov 27 2022 - 12:09
AmCham: McGrath hails Ireland’s ‘unique relationship’ with USMinister for Public Expenditure addresses American Chamber of Commerce Ireland Thanksgiving lunchThu Nov 24 2022 - 16:15
Nearly two-thirds of US multinationals in State expect to hire employees over next 12 months Survey by American Chamber of Commerce Ireland suggests housing is top concern for membersThu Nov 24 2022 - 13:37
Employment in Irish economy rises 650,000 since low point of financial crisisCSO’s latest Labour Force Survey shows employment hit new record high of 2.55 million in Q3 of 2022Thu Nov 24 2022 - 13:05
Nearly half of €93bn paid in tax last year came from incomeCSO data highlights growing importance of sources such as corporation taxWed Nov 23 2022 - 15:18
Almost 900,000 people experiencing ‘enforced deprivation’ in IrelandMore than 17% of households now unable to pay for some basic itemsWed Nov 23 2022 - 12:12
Rising prices stalling Irish economy’s post-Covid recovery, budgetary watchdog findsIrish Fiscal Advisory Council warns growth will slow next year as cost-of-living pressures hurt real incomesWed Nov 23 2022 - 00:15
OECD warns of year-long recession as global economy stagnatesParis-based agency says falling real incomes will hold back consumer spending in Ireland until the middle of next yearTue Nov 22 2022 - 10:46
Average Dublin advertised rents rise to €2,258, up 14.3%, amid ‘extreme shortage’Daft.ie says there were fewer 1,100 homes available to rent nationwide on its website at the beginning of NovemberTue Nov 22 2022 - 05:10
Despite the warnings, Ireland’s tax boom is getting boomier US report suggests corporate tax receipts this year may top State’s €21bn forecast, and Apple again appears to have a starring role in thatSun Nov 20 2022 - 12:08
CRH has worst pay disparity of any FTSE 100 company Latest Responsibility 100 index shows Albert Manifold’s €13.9m pay packet was 289 times CRH’s median wageFri Nov 18 2022 - 15:58
Tullamore Dew owner reports €4.3m loss for 2021 on back of pandemic, Brexit and US tariffsWilliam Grant and Sons Irish Manufacturing Limited also warn of highly uncertain global outlookFri Nov 18 2022 - 12:10
Poorer households experiencing significantly higher inflation, CSO study findsResearch suggests headline price growth was two percentage points higher for those on the lowest incomesFri Nov 18 2022 - 12:06
Permanent TSB to raise fixed mortgage and deposit rates in response to ECB changesPermanent TSB becomes latest lender to raise rates in response to ECB movesFri Nov 18 2022 - 07:40
