Irish exports hit record €22bn in September amid concern over potential Trump tariffsLatest data show US is single largest export partner and pharma the biggest sector as trade policy and vaccine scepticism threaten transatlantic trade disruptionFri Nov 15 2024 - 14:00
Large amount of savings in low-yielding accounts described as ‘missed opportunity’Central Bank data show up to €140 billion of Irish deposits still resides in overnight deposit accounts, accruing just 0.13 per cent in interestWed Nov 13 2024 - 15:54
Irish woman in line for top White House role under Donald TrumpGail Slater, originally from Dalkey in south Co Dublin, is frontrunner to lead the US Federal Trade Commission under Donald TrumpWed Nov 13 2024 - 11:36
Slowdown in EV sales could delay rollout of Maxol’s charging network, CEO warnsConcern over developing charging network too quickly ‘when the demand isn’t there’ as non-fuel sales now account for 40% of businessWed Nov 13 2024 - 08:30
Rents in Dublin now averaging €2,476 per month with prices rising again, report findsOpen-market rents in the capital rising at annual rate of 5.2%, double that seen at end of last yearWed Nov 13 2024 - 00:00
Stocks dip, bitcoin nears $90,000 as ‘Trump trade’ takes holdIn Europe, shares were lower, weighed down by names with a large exposure to ChinaTue Nov 12 2024 - 18:38
Trump ‘the elephant in the room’ for Irish foreign direct investmentInvestment conference told US election result pose big risk to Ireland’s industrial strategyTue Nov 12 2024 - 16:20
Ireland’s €54bn exposure to Trump’s tariff planData suggests we have an outsized exposure to any potential trade war between Brussels and WashingtonSun Nov 10 2024 - 11:31
Tesco generates full-year sales of €3.3bn in Ireland and posts double-digit rise in profitUK grocery chain says it commanded a market share in the Republic of 23.6 per cent at the end of its last financial yearSat Nov 09 2024 - 02:00
Aer Lingus will not cut flights from Dublin Airport next summer, chief executive saysCarrier blames increased competition and industrial for €88m slide in profit in first nine months of this yearFri Nov 08 2024 - 07:55
Irish inflation remains at three-year low of 0.7% in OctoberLatest official figures, however, show wide variety in rate of price growth across sectorsThu Nov 07 2024 - 12:07
Jones Engineering enjoys near doubling in profit as overseas business takes off Contractor involved in building data centres sees profit after tax jump by 81% to €70.8mThu Nov 07 2024 - 06:00
Ireland’s unemployment rate rises as recruiter reports fall-off in job postingsNumber of people classified as unemployed rises by 1,200 to 121,200 between September and OctoberWed Nov 06 2024 - 12:29
First €3bn tranche of Apple tax money lands in State coffersLatest exchequer returns data from Department of Finance show the Government collected €3.5bn in corporate tax receipts in OctoberTue Nov 05 2024 - 16:30
Men account for three-quarters of Ireland’s top earnersCSO earnings data indicate men represented 73.6% of those in the top 1 per cent income bracket last yearTue Nov 05 2024 - 12:35
Personal loans soar to record level in second quarter Banking and Payments Federation Ireland figures show more than 60,000 drawdowns valued at €641m between April and JuneTue Nov 05 2024 - 00:00
World stocks tread water ahead of crunch US electionEuropean stocks retreat as caution over imminent presidential election weigh on regional benchmarkMon Nov 04 2024 - 18:15
Eoin Burke-Kennedy: Ireland is not the only resource-rich nation who cannot figure out housingWhen prices in Ireland began to surge in the 2000s, we looked to the German housing market as a more stable, affordable exemplar. Not any moreSun Nov 03 2024 - 10:49
Some 1.1 million earners in Ireland do not pay income tax or USC, tax institute claimsIrish Tax Institute seeks marginal personal tax rate, including social insurance contributions, to be reduced to 50% as part of various recommendations on tax baseThu Oct 31 2024 - 14:54
Irish inflation drops to three-year low of 0.1%CSO says weaker level of price growth driven by falling energy pricesWed Oct 30 2024 - 11:50
Irish farmers describe use of imported Dutch cheese in school meals programme as ‘insult’ Irish Creamery Milk Suppliers Association says it has received complaints about use of imported Dutch cheese in school meals programmeWed Oct 30 2024 - 05:00
Irish economy contracts by 3.3% in first nine months of yearLatest CSO numbers point to a contraction in headline activity as measured by GDPTue Oct 29 2024 - 12:00
Retail sales up 0.5% in September as inflation eases CSO says sectors with the highest monthly volume increases were electrical goods; books, newspapers and stationeryTue Oct 29 2024 - 11:30
What we really need is a low-cost Ryanair for housingThe construction industry says it can’t build homes at affordable rates or for people on average incomes, but is the cost of construction really the obstacle?Sun Oct 27 2024 - 12:35
Sanctions forcing Russia to ‘cannibalise’ chips from washing machines, says US envoyMark Gitenstein says Moscow cannot win an industrial war with the WestThu Oct 24 2024 - 15:10
Housing shortage is State’s top concern - HarrisTaoiseach seeks to reassure US firms on infrastructure issuesThu Oct 24 2024 - 11:23
EU’s new fiscal rules pose risk to public finances - Ifac Budgetary watchdog will warn Ireland likely to avoid any financial scrutiny under revamped version of fiscal rulesWed Oct 23 2024 - 06:00
Global battle against inflation largely won, IMF saysWashington-based fund delivers upbeat assessment of global economy while warning of risks from escalating geopolitical conflictsTue Oct 22 2024 - 14:00
Nearly two thirds of Irish SMEs have reduced or stopped using British suppliers since BrexitNew survey by the Strategic Banking Corporation of Ireland (SBCI) reveals ‘stark changes in Irish SME trading patterns with Britain’ after EU departureMon Oct 21 2024 - 12:28
Kingspan acquires majority stake in Sweden’s Nordic WaterproofingCavan-based insulation maker says move will lift its annualised roofing and waterproofing revenues to approximately €1bnMon Oct 21 2024 - 08:23
Building a two-bed apartment in Dublin now costs almost €600,000Department of Housing cost study assessed cost of delivering four different building types in the Greater Dublin AreaMon Oct 21 2024 - 06:00
New project to explore potential for restoring oyster reefs in Dublin BayUniversity College Dublin teams up with Codling Wind Park to promote and enhance marine biodiversityMon Oct 21 2024 - 00:01
Irish firms less worried about geopolitical disruption than counterparts abroadGrant Thornton survey indicates just quarter of Irish businesses believe ongoing geopolitical uncertainty will diminish growth potentialMon Oct 21 2024 - 00:00
Five economic battlegrounds that could affect the next election resultFrom house prices to cost of living, the Government and Opposition parties need to win on these issues during any upcoming campaignSun Oct 20 2024 - 12:10
What’s happening with house prices?August was the 12th consecutive month to see an increase in property price inflation, a worrying trend for prospective buyersFri Oct 18 2024 - 06:00
Interest rates: Borrowers set to save more than €2,000 as series of new cuts expectedRate cutting pattern is expected to continue until June 2025Fri Oct 18 2024 - 01:00
ECB’s latest rate reduction will help borrowers but egg on house prices Markets are already pricing in four more rate cuts between now and MarchThu Oct 17 2024 - 14:58
‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates againFrankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per centThu Oct 17 2024 - 13:16
Euro zone inflation slows more than expected, paving way for ECB rate cutConsumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous monthThu Oct 17 2024 - 11:42
Irish house prices return to double-digit growthLatest official figures indicate that property prices nationally rose at an annual rate of 10.6%Wed Oct 16 2024 - 11:13
Chambers denies Finance Bill fast-tracked for electionMinister for Finance Jack Chambers says plan is part of a new EU-wide focus on medium-term budgetary policiesTue Oct 15 2024 - 15:16
Famed Dublin fashion outlet Alias Tom goes into liquidation amid mounting losses‘Move toward less formal workwear’ cited as one reason for moveTue Oct 15 2024 - 13:27
Ireland’s tax system is most progressive of any advanced economy, report findsDepartment of Finance says State’s taxation and welfare system does more to reduce income inequality than any other OECD economyWed Oct 02 2024 - 12:28
Irish unemployment remains at near historic low of 4.3%Jobless rate of 4% or lower in Irish labour market considered tantamount to full employmentWed Oct 02 2024 - 12:17
Budget 2025: Extending Help to Buy may drive up property prices, PBO warnsParliamentary Budget Office describes scheme as a demand side intervention to address a supply side deficitWed Oct 02 2024 - 09:10
Budget will provide six-month sugar rush - but perhaps only incremental change on housing and healthBudget 2025: Will it alter our shaky trajectory on housing? Will it end emergency department overcrowding in hospitals?Wed Oct 02 2024 - 06:00
Corporation tax receipts forecast to swell to €37bn a year by 2030Budget 2025: Forecast for corporation tax made in annual economic and fiscal outlook, published by Department of FinanceTue Oct 01 2024 - 19:28
Irish savers move more of their money into accounts with higher interest ratesRetail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levelsMon Sept 30 2024 - 16:19
Inflation drops to three-year low as global energy shock fadesLatest harmonised index of consumer prices (HICP) drops to lowest level since 2021Mon Sept 30 2024 - 11:20
Why Ireland has Scandinavian prices but without the salaries to justify themThere are several partial explanations for Ireland’s high-price culture but there’s no smoking gunSun Sept 29 2024 - 13:00
