The services sector continued to expand last month with September completing the strongest quarter since early 2006. The latest AIB Services PMI shows business activity index was unchanged from August at 63.7, the second highest reading since January 2016, and the third-highest reading since the series began in 2000. The index has been comfortably above 60 for five consecutive months. Charlie Taylor has the details.
Irish defined benefit pension funds have the highest exposure in Europe to low risk bonds, according to a report by benefits consultants Mercer. The company's annual asset allocation survey also shows Irish pension funds have the smallest exposure to property among European funds. Dominic Coyle has examined the study which looks at how pension funds in the UK, Germany, France, Italy, Belgium, the Netherlands, Austria, Switzerland, Portugal and Norway invest their money.
Budget gym chain Flyefit is cashing in on a Covid-inspired fitness craze with a €10 million expansion that it says will create 120 jobs. The company plans to open four new gyms, beginning with Dublin's Northside Shopping Centre in Coolock later this month, when it will also celebrate 10 years in business.
Are you paying less tax than you did 10 years ago? Ahead of Budget 2022, Fiona Reddan writes Irish families are now facing the lowest tax burden on their incomes than at any other point over the past decade. But with inflation picking up, and a winter of soaring energy prices looking likely, any tax savings made in the years since austerity ended may be wiped out, unless the Government takes action next week.
Sticking with all things budget, we meet six families to see where they are at now with their finances, before catching up with them again next week to see how they fared with Budget 2022.
And remember, you can catch up with all of our budget news, analysis and commentary, here.
In his Q&A, Dominic Coyle advises a reader on how having worked both in Ireland and the US will affect his pension.
He also advises a parent who is having issues with DPD and paying duty on a package received from the UK.
Do rising rates pose trouble for stocks? This is just one of the issues examined in this week's Stocktake. You can read all Proinsias O'Mahony's columns, here.
This week's Me & My Money features Aimee Connolly, the founder of beauty brand Sculpted who says she's always had quite an old head on her shoulders when it comes to saving.
Today's Cantillons argue that Nick Clegg is no match for the Facebook whistleblower; that State spending pressures are beginning to mount, and that the more the special 9 per cent tourism VAT rate costs, the better.
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