Christmas air fares could hit ‘record high’ because of passenger cap, Michael O’Leary warnsRyanair chief says 32 million passenger restriction will lead to record high air faresMon Aug 26 2024 - 05:00
Why are Irish house prices surging again?Since the ECB began raising interest rates in July 2022, Irish property prices have surged by 10%Sun Aug 25 2024 - 11:18
World shares gain after Fed signals lower ratesUS Federal Reserve chair Jerome Powell says ‘the time has come’ to cut interest ratesFri Aug 23 2024 - 18:34
Seamus Coffey appointed as chair of Irish Fiscal Advisory CouncilCork-based economist was previously chairman of the budgetary body between 2017 and 2019Thu Aug 22 2024 - 13:22
Irish employment hits 2.75m with record female participation Professional, scientific and technical activities, as well as industry sector, lead the way in growthThu Aug 22 2024 - 12:35
Budget 2025 must be framed around infrastructure delivery rather than ‘handouts’, Ibec saysEmployers’ group says potential for economy to grow is hinged on delivery of large-scale infrastructural projectsThu Aug 22 2024 - 00:00
McDonald’s plans 200 new restaurants in UK and Ireland, creating 24,000 jobsFast food giant says it plans to create 24,000 jobs in both countries over the next four yearsWed Aug 21 2024 - 16:23
More than 70 fake eFlow websites detected as ‘smishing’ attacks on consumers surgeAbout two million domestic and foreign motorists use the M50 and Dublin Port Tunnel toll roads each year, Transport Infrastructure Ireland saysWed Aug 21 2024 - 10:12
Irish head of global communications giant FleishmanHillard to step downJohn Saunders to become chairman with chief operating officer JJ Carter replacing him as president and chief executiveTue Aug 20 2024 - 16:57
Euro area inflation rises to 2.6% but ECB rate cut still on the cardsMarginal uptick in price growth not expected to derail ECB interest rate cut in SeptemberTue Aug 20 2024 - 12:39
Supply of second-hand homes for sale down by a third since pandemicSherry FitzGerald says there just 12,785 second-hand properties listed for sale in July, equating to just 0.6 per cent of the State’s entire private housing stockTue Aug 20 2024 - 11:43
Government urged to reintroduce boom-time Section 23 tax break for builders and developersAuctioneers body says renewed relief would boost badly needed rental supplyMon Aug 19 2024 - 15:26
SMEs account for 99.8% of all businesses in Ireland and employ two thirds of workforceCSO’s latest business in Ireland’ survey indicates turnover by businesses of all sizes amounted to just under €1.3 trillion in 2022Mon Aug 19 2024 - 12:54
Olympics boosts supermarket sales but grocery-price inflation rises againSupermarket sales in the Republic rose by 7 per cent in the four weeks to August 4thMon Aug 19 2024 - 11:57
Why brainstorming and nitty-gritty are off limits in the workplaceList of terms on the linguistic naughty step are growing because they are thought to offend even where it is not obvious offence is being takenSun Aug 18 2024 - 11:38
The 10 blockbuster companies behind Ireland’s corporate tax windfallRevenue from the business tax generated €23.8 billion last year, equivalent to €5,000 for every man, woman and child in the StateFri Aug 16 2024 - 06:00
European stocks gain for third straight session as fears of US recession recede Sentiment boosted by upbeat global economic data, although some analysts cautioned investors against complacencyThu Aug 15 2024 - 18:33
Kenmare ‘well-placed’ to tap into growing global demand for titaniumDublin-headquartered mining group sees lower shipments of product from its Moma titanium mine in northern MozambiqueWed Aug 14 2024 - 17:24
Glanbia shares slide as ‘pricing noise’ drives revenues downKilkenny-based food group said overall group revenue fell by 1.1% to $1.82bn on a constant currency basisWed Aug 14 2024 - 07:53
Most estate agents believe Irish property prices now expensive or very expensiveSociety of Chartered Surveyors Ireland report also predicts prices to rise a further 4.5 per cent in the coming yearWed Aug 14 2024 - 00:01
Switch to electric motoring stalls as EV sales fail to pick up in JulyCSO figures show new EV licensed vehicles totalled 12,765 in the seven-month period from January to JulyTue Aug 13 2024 - 13:24
Do Ireland’s top earners pay too much tax?Department of Finance considers whether State’s tax system is in fact too progressive and therefore uncompetitiveSun Jul 28 2024 - 14:19
Irish consumer sentiment lifts as inflation eases and economy growsLatest Credit Union barometer points to an easing of strain on consumersFri Jul 26 2024 - 05:00
State’s housing targets at risk as new home completions stallLatest figures indicate there were 6,884 new dwelling completions between April and June this year, a fall of 5.4 per cent on the same period last yearThu Jul 25 2024 - 11:49
Creaking energy and water systems represent ‘reputational risk’ for Ireland, council warnsCompetitiveness council warns current strain on utilities meant business demand would soon outstrip supply with ramifications for inward investmentWed Jul 24 2024 - 14:25
Greencore upgrades earnings outlook as revenue increasesConvenience food group said it expects full-year adjusted operating profit to be in a range of £88m-£90mWed Jul 24 2024 - 07:50
Car congestion charge should be considered, officials adviseAnnual tax strategy papers ahead of budget also call for mandatory reporting of all inheritancesWed Jul 24 2024 - 05:00
Tax strategy papers: the highlightsInheritance tax changes, congestion charges, indexing the income tax system and hospitality’s pursuit of the 9 per cent VAT rateTue Jul 23 2024 - 19:30
Department of Finance torpedoes return of 9% VAT rate for hospitalityGovernment’s tax strategy group also highlights progressive nature of income tax system with 10% of high earners accounting for nearly two-thirds of income taxTue Jul 23 2024 - 18:06
Mandatory reporting of all gifts and inheritances under considerationDepartment of Finance’s Tax Strategy Group examines ways to strengthen the State’s inheritance tax systemTue Jul 23 2024 - 15:00
Data centres now account for 21% of all electricity consumptionCSO findings come amid an increasingly heated debate about data centres and their energy demandsTue Jul 23 2024 - 12:34
European stocks rebound but Ryanair leads airline sell-offThe pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing runMon Jul 22 2024 - 18:34
Wholesale electricity prices down 72% since peak of energy price shockEnergy prices spiked after Russia invaded Ukraine in February 2022, reaching a peak in August that yearMon Jul 22 2024 - 17:21
Irish grocery price inflation lifts for first time in 15 monthsKantar data suggest price inflation was driving value sales growth rather than increased purchasingMon Jul 22 2024 - 12:31
Supermac’s chief wants VAT reprieve for food businessesPat McDonagh says the industry is struggling to deal with jump in operating costsMon Jul 22 2024 - 06:00
Ireland’s demographic time bomb: too many retirees and too few babiesWhile birth rates are falling, the number of people aged 65 years and over is accelerating and will reach a record one million by 2030Sun Jul 21 2024 - 13:30
Fall-off in home sales fails to arrest price growthA total of 12,212 homes were sold between April and June this year, a report by property tech firm Geowox indicatesFri Jul 19 2024 - 05:00
European stocks fall as tech drags sentiment lowerThe pan-European Stoxx 600 index closes 0.5 per cent lowerWed Jul 17 2024 - 18:35
House price inflation jumps to 8.2%, new figures showLatest barometer shows Dublin prices rose an average rate of 8.6% in 12 months to May this yearWed Jul 17 2024 - 11:30
Sticky inflation could keep interest rates higher for longer, IMF warnsMomentum on cutting inflation is slowing as wage rises push prices higher in services sector, report saysTue Jul 16 2024 - 14:00
Irish population could grow to over 7m by 2057, says CSOCentral Statistic Office’s latest projections indicates inward migration will be the main driver of population growth, with birth rates predicted to fallTue Jul 16 2024 - 12:06
Economic populism of the right has gone mainstreamUK and French electoral systems have thwarted its advance but the far right is still on the rise globallySun Jul 14 2024 - 12:46
Irish inflation falls to three-year low of 2.2% in JunePrice growth in Irish economy continues to moderate in tandem with fall-off in energy costs internationallyThu Jul 11 2024 - 11:59
Donohoe links €8.3bn budget plan to unexpected population surgeIrish Fiscal Advisory Council launches broadside at Coalition over €8.3 billion budget plan, claiming it is adopting everything now approach to budgetingWed Jul 10 2024 - 15:20
Number of home buyers opting for fixed-rate mortgages dropsCentral Bank’s latest retail interest rate figures show fixed-rate contracts constitued two thirds of mortgage contracts agreed in MayWed Jul 10 2024 - 14:02
Bumper €8.3bn tax and spending package earmarked for Budget 2025Summer Economic Statement indicates tax measures amounting to €1.4 billion will be in October’s budget with additional spending of €6.9 billionTue Jul 09 2024 - 20:01
Government driving a coach and horses through its spending ruleCumulative breaches of the rule will, in real money terms, be in region of €11 billion by the end of next yearTue Jul 09 2024 - 17:48
Pace of IDA-sponsored investment and jobs slows Agency’s latest half-year report said it supported 131 investments enabaling delivery of 8,900 jobsMon Jul 08 2024 - 11:57
Global trend towards trade protectionism poses big risk for State, warns KPMG Consultancy predicts growth to slow in global gross domestic product this year on back of increasing geopolitical tensionsMon Jul 08 2024 - 06:00
Looser mortgage lending rules linked to Irish house price surge, says MyHome House asking prices rose at the fastest pace in two years, according to property websiteMon Jul 08 2024 - 06:00
