Almost half of workers suffering from financial stress amid cost-of-living crisis
Concerns about their financial wellbeing and the strain of the cost-of-living crisis are weighing heavily on Irish workers in the weeks before Budget 2025, a new survey has found, with many employees unconvinced their employers are doing enough to relieve the burden.
The poll of more than 1,000 employees in the Republic reveals a large cohort – 41 per cent – of respondents who said their employer did not adequately compensate them for inflation last year. The research was conducted by iVox on behalf of payroll and HR technology company SD Worx.
News in Ireland
- CCTV to be used to catch Dublin’s dumpers - but only if they have cars: CCTV is to be used to catch illegal dumpers in Dublin city for the first time in almost a decade, but only if they dump their waste from a car.
- Commuters left frustrated by Irish Rail timetable changes - why did they do it?: Just two weeks into Irish Rail’s new timetable, which was supposed to signal the removal of “long-standing congestion issues particularly during peak periods”, the changes – at least in the Dublin area – have caused long delays and provoked commuter outrage.
- Tracker mortgage holders to save close to €1,000 per year after interest rate cut: Many Irish tracker mortgage holders are set to see their annual mortgage repayments fall by close to €1,000 per year as a result of two separate interest rate cuts expected to be rolled out by the European Central Bank (ECB) in the coming days.
- New €6.5m domestic violence refuge for women and children opens in Wexford: A new €6.5 million domestic violence refuge for women and children will open in Wexford on Thursday.
- Dublin Zoo announces elephant herd free of deadly virus: All the Asian elephants in the Dublin Zoo herd have been given the all-clear after a dark summer which saw two members of the herd die after contracting a deadly virus which was described at the time by the zoo’s director, Christoph Schwitzer, as “the devil”.
- Apple warned of ‘threat to Ireland’ from countries trying to lure multinationals away: Apple warned the Government of “aggressive competition” from other countries trying to lure multinationals away from Ireland during a high-level meeting this summer.
- Weather forecast: It will be cool and bright today with long spells of sunshine. There will be a few showers drifting south over the country in a moderate northwesterly breeze. . Highest temperatures of 11 to 14 degrees. Tonight will be dry, cold and mostly clear with light winds. Lowest temperatures of 1 to 4 degrees.
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The Big Read
- ‘Beast in black inflicted sexual and physical abuse on little boys on a daily basis’: When Patrick Brady started in fourth class at St Joseph’s CBS national school in Fairview on the northside of Dublin in 1957, an older boy joked to him that he might be the new “bum boy” of a Christian Brother, who is now deceased.
Opinion
Ireland’s Top 1,000
- Ireland’s top 1,000 companies: One hugely profitable firm out in front as Big Tech dominates: Big tech dominates the Top 1,000 rankings of companies published by The Irish Times on Thursday, with Apple once again leading the way in turnover and profits, albeit with lower numbers in both cases.
- Full coverage of Ireland’s top 1,000
Sports
- Rhasidat Adeleke looks to end long season on a high in Diamond League final: Exactly five weeks after her Olympic fourth place finish Rhasidat Adeleke will once more go to the 400m well in Friday’s Diamond League final in Brussels.
World
- Harris has Trump’s measure - but she still faces steep climb to election win: If there were any doubts that Kamala Harris could stand up to Donald Trump they were dispelled in their first encounter on Tuesday night. It may be their last.
Restaurant Review
- Foxy Lounge review: No amount of gold can redeem this one-star Donnybrook debacle: In the late 1980s I spent some years in the Middle East editing hotel and club magazines. I discovered a secret hack that improved my work-life balance – I’d tap the phrase “timeless elegance” into my Amstrad, and the final copy would be signed off in a heartbeat.
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