Standard of living likely to stay lower permanently, OECD warnsLIVING STANDARDS in Ireland are likely to remain “permanently lower”, the Organisation for Economic Co-operation and Development…Thu Nov 05 2009 - 00:00
Layoffs climb above 6,500 for OctoberTHERE WERE 6,561 redundancies in October, according to figures released yesterday by the Department of Enterprise, Trade and …Wed Nov 04 2009 - 00:00
Decline in public finances slowing, returns showTHE PUBLIC finances deteriorated further in October, but only slightly, according to the latest exchequer returns data from the…Wed Nov 04 2009 - 00:00
Tax revenues 17% lower this yearThe public finances deteriorated in October, but only slightly, according to the latest Exchequer returns data from the Department…Tue Nov 03 2009 - 00:00
Lending to households down 3.4% year-on-yearLENDING TO households and companies declined sharply in September, falling €4Sat Oct 31 2009 - 00:00
One More ThingThe murky past of SPVs; carbon tax likely for budget; euro-zone figures show a small pick-up in lendingFri Oct 30 2009 - 00:00
Moonduster writes down investment in Irish Continental Group by €30mMOONDUSTER, THE investment vehicle that made a bid for Irish Continental Group (ICG) in 2007, made a writedown of €30 million…Fri Oct 30 2009 - 00:00
Banks still tightening criteria on lendingIRISH BANKS tightened their criteria for lending to mortgage customers and businesses in the third quarter of 2009, while demand…Thu Oct 29 2009 - 00:00
Bank shares plunge as Lenihan signals delay over NamaLOAN TRANSFERS to the National Asset Management Agency (Nama) could be delayed until next year, Minister for Finance Brian Lenihan…Thu Oct 29 2009 - 00:00
Rate of decline in retail sales easing, review findsTHE RATE of decline in retail sales is levelling off, but consumers are spending the least amount per transaction in more than…Thu Oct 29 2009 - 00:00
Year-on-year lending falls for first time in euro zoneLENDING TO households and companies in Europe fell on an annual basis for the first time last month as the economic slump slashed…Wed Oct 28 2009 - 00:00
Irish banks tighten lending criteria - ECBIrish banks tightened their criteria for lending to mortgage customers and small businesses in the third quarter of 2009, while…Wed Oct 28 2009 - 00:00
Employers call for jobs stimulus package and carbon tax deferralCARBON TAX should be postponed, excise duties on alcohol cut and an “ambitious” jobs stimulus package introduced, employers’ …Tue Oct 27 2009 - 00:00
Shopping in North to cost exchequer €430m in lost taxCROSS-BORDER shopping will cost the Exchequer almost €430 million in lost tax revenues, according to new analysis by Ibec.Tue Oct 27 2009 - 00:00
Hutchison 3G turnover up by 47% last yearMOBILE PHONE company 3 Ireland increased its turnover by 47 per cent last year as the firm expanded its presence in the mobile…Tue Oct 27 2009 - 00:00
CRH drags on Iseq as banks get no respite from holidayDUBLIN REPORT: Iseq: 3,093.94 (–51Tue Oct 27 2009 - 00:00
Subdued week ends with Iseq closing 1.6% down on dayDUBLIN REPORT: Iseq: 3,145.72 (-36.05) Settlement date: October 28thSat Oct 24 2009 - 01:00
Soft landing for Iseq after turbulent day's tradingDUBLIN REPORT: Iseq: 3,252.80 (-25Thu Oct 22 2009 - 01:00
Fiscal expert says Nama plan is 'right approach'NEW YORK University professor Nouriel Roubini has said the Government’s plan for a National Asset Management Agency (Nama), is…Thu Oct 22 2009 - 01:00
CRH retreats on concerns over building sector in USDUBLIN REPORT: ISEQ: 3,278.39 (-15Wed Oct 21 2009 - 01:00
After-tax losses of $8.6m for JP Morgan Irish unitThe Irish unit of US investment bank JP Morgan made after-tax losses of $8.6 million (€5Wed Oct 21 2009 - 01:00
Merrill Lynch's Irish unit makes €1bn after-tax lossesMERRILL LYNCH, the US investment house taken over by Bank of America at the peak of the financial crisis, made after-tax losses…Wed Oct 21 2009 - 01:00
Corporations and the concentration of powerBOOK REVIEW: Life Inc: How the World Became a Corporation and How to Take it Back by Douglas Rushkoff Published by The Bodley…Mon Oct 19 2009 - 01:00
Kenmare DiaryOne Dublin stadium enough: REMEMBER THE National Stadium? Colm McCarthy raised a few laughs when he identified plans for the…Mon Oct 19 2009 - 01:00
Ministers' areas get more investmentCAPITAL SPENDING: CONSTITUENCIES WHERE the sitting TDs include Government Ministers receive higher infrastructure spending per…Mon Oct 19 2009 - 01:00
Economist warns wage cuts of 5% necessaryWAGE CUTS of 5 per cent in both the private and public sector are needed “to achieve the necessary improvement” in the economy…Sat Oct 17 2009 - 01:00
Nama 'won't revitalise banks'The proposed National Asset Management Agency (Nama) will fail in its bid to create healthy banks even if it works exactly as…Sat Oct 17 2009 - 01:00
Planet BusinessTHE NUMBERS: 75 – the number of staff Nama expects it will need to take on, according to its business planFri Oct 16 2009 - 01:00
Britvic Ireland sees sales volumes fall almost 14%SOFT DRINKS group Britvic Ireland saw sales volumes plummet almost 14 per cent over the three months to the end of September, …Fri Oct 16 2009 - 01:00
Route to successTHE FRIDAY INTERVIEW: Darryl Ismail. Chase Travel International Founder and chief executive.Fri Oct 16 2009 - 01:00
Department outlines issues that may cause agency to failRISKS: THE DEPARTMENT of Finance has outlined eight “key risks” that could result in the failure of the National Asset Management…Thu Oct 15 2009 - 01:00
Joint ventures likely to develop sitesUNFINISHED PROJECTS: NAMA WILL fund the completion of some unfinished developments “on a partnership or joint venture basis” …Thu Oct 15 2009 - 01:00
ESRI calls for 20% child benefit cut and welfare freezeESRI REPORT: CHILD BENEFIT should be cut by 20 per cent and social welfare payments frozen, but the package of tax increases…Wed Oct 14 2009 - 01:00
Tax changes part of new dealTAXATION: A SINGLE rate of tax relief on private pension contributions, a “site valuation tax” and the abolition of the Pay-…Mon Oct 12 2009 - 01:00
Welfare cut no remedy to public fiscal crisisTasc conference: CUTTING WELFARE payments will extend the economic slump into a depression rather than ease pressure on public…Mon Oct 12 2009 - 01:00
Civil engineering activity fell in SeptemberCIVIL ENGINEERING is now the weakest performing part of the construction sector, according to a “disappointing” new snapshot …Mon Oct 12 2009 - 01:00
Call to replace Nama with 'good bank'ACCESS TO CREDIT: THE GOVERNMENT’S proposal for a “bad bank” in the shape of the National Asset Management Agency (Nama) is …Mon Oct 12 2009 - 01:00
Ireland is sliding into depression - economic conference toldIreland is sliding into depression and small pockets of economic growth at this stage are "meaningless", it was said at an economic…Sat Oct 10 2009 - 01:00
200 workers to lose jobs at Linen SupplyABOUT 200 workers at Linen Supply of Ireland are likely to lose their jobs after the examiner appointed to the company recommended…Sat Oct 10 2009 - 01:00
C&C plan to 'reposition' Magners ciderDRINKS GROUP C&C hopes to grow volumes of its cider Magners next year after it managed to stabilise sales volumes over the…Fri Oct 09 2009 - 01:00
Rate of deflation at 6.5% - CSO figuresFALLING FOOD and transport prices deepened Ireland’s annual rate of deflation to 6Fri Oct 09 2009 - 01:00
Growth in mobile devices for papersMOBILE APPLICATIONS will be a key growth area for the newspapers of the future, the managing director of The Irish Times Maeve…Thu Oct 08 2009 - 01:00
Price plan pushes H&M profits downSWEDISH CLOTHING retailer Hennes & Mauritz (HM) has reported a pretax profit on its Irish stores of about €997,000 for 2008…Thu Oct 08 2009 - 01:00
Banks and Aer Lingus main movers as Iseq advances 2%DUBLIN REPORT: Iseq: 3,295.75 (+62.72) Settlement date: October 9thWed Oct 07 2009 - 01:00
Profits at Esso slip to €3m for 2008FUEL RETAILER Esso Ireland saw its profits fall to €3 million last year, down from more than €5 million in 2007, as increased…Wed Oct 07 2009 - 01:00
Tougher budget likely as tax take €2bn lowerTHE DECEMBER budget could be tougher than expected after the Government admitted yesterday that tax revenues collected this year…Sat Oct 03 2009 - 01:00
State must borrow €2bn more as taxes fallTHE GOVERNMENT will have to borrow €2 billion more than it expected to finance the running of the State after continued weakness…Sat Oct 03 2009 - 01:00
Consumer confidence up in SeptemberCONSUMER CONFIDENCE in the economy improved slightly in September despite the triple whammy of lay-off announcements, the Nama…Fri Oct 02 2009 - 01:00