New Greencore boss says sandwich business more recession-proof than most Group operating profit at Greencore increased to £52.1 million (€60.3 million) for the 12 months to September 22 from £42.8 million the year beforeTue Nov 29 2022 - 07:58
It’s depressing that two big trends driving Ireland’s housing crisis continue unabatedTwo decades on and the State’s housing woes are as bad as ever while the arguments about what the solution is continueSun Nov 27 2022 - 12:09
AmCham: McGrath hails Ireland’s ‘unique relationship’ with USMinister for Public Expenditure addresses American Chamber of Commerce Ireland Thanksgiving lunchThu Nov 24 2022 - 16:15
Nearly two-thirds of US multinationals in State expect to hire employees over next 12 months Survey by American Chamber of Commerce Ireland suggests housing is top concern for membersThu Nov 24 2022 - 13:37
Employment in Irish economy rises 650,000 since low point of financial crisisCSO’s latest Labour Force Survey shows employment hit new record high of 2.55 million in Q3 of 2022Thu Nov 24 2022 - 13:05
Nearly half of €93bn paid in tax last year came from incomeCSO data highlights growing importance of sources such as corporation taxWed Nov 23 2022 - 15:18
Almost 900,000 people experiencing ‘enforced deprivation’ in IrelandMore than 17% of households now unable to pay for some basic itemsWed Nov 23 2022 - 12:12
Rising prices stalling Irish economy’s post-Covid recovery, budgetary watchdog findsIrish Fiscal Advisory Council warns growth will slow next year as cost-of-living pressures hurt real incomesWed Nov 23 2022 - 00:15
OECD warns of year-long recession as global economy stagnatesParis-based agency says falling real incomes will hold back consumer spending in Ireland until the middle of next yearTue Nov 22 2022 - 10:46
Average Dublin advertised rents rise to €2,258, up 14.3%, amid ‘extreme shortage’Daft.ie says there were fewer 1,100 homes available to rent nationwide on its website at the beginning of NovemberTue Nov 22 2022 - 05:10
Despite the warnings, Ireland’s tax boom is getting boomier US report suggests corporate tax receipts this year may top State’s €21bn forecast, and Apple again appears to have a starring role in thatSun Nov 20 2022 - 12:08
CRH has worst pay disparity of any FTSE 100 company Latest Responsibility 100 index shows Albert Manifold’s €13.9m pay packet was 289 times CRH’s median wageFri Nov 18 2022 - 15:58
Tullamore Dew owner reports €4.3m loss for 2021 on back of pandemic, Brexit and US tariffsWilliam Grant and Sons Irish Manufacturing Limited also warn of highly uncertain global outlookFri Nov 18 2022 - 12:10
Poorer households experiencing significantly higher inflation, CSO study findsResearch suggests headline price growth was two percentage points higher for those on the lowest incomesFri Nov 18 2022 - 12:06
Permanent TSB to raise fixed mortgage and deposit rates in response to ECB changesPermanent TSB becomes latest lender to raise rates in response to ECB movesFri Nov 18 2022 - 07:40
Government housing expenditure likely to undershoot €4bn target this yearFigures supplied by way of a parliamentary question indicate spending to the end of September was €1.2 billionThu Nov 17 2022 - 05:00
Property markets may be at turning point, ECB warnsFrankfurt highlights potential reversal in real estate among challenges facing the EUWed Nov 16 2022 - 18:52
Government could raise €15bn by following tax commission’s proposalsBudgetary watchdog assesses recommendations in commission’s reportWed Nov 16 2022 - 13:04
House price inflation slows again as higher borrowing costs cool marketLatest official figures show price growth fell to 10.8 per cent in SeptemberWed Nov 16 2022 - 11:15
Children’s science museum’s cost would exceed estimates of €47m, OPW admitsPlanning proposals for science centre draw 17 third-party observationsWed Nov 16 2022 - 05:00
Donohoe accuses Sinn Féin of ‘demonising’ landlordsDonohoe tells finance committee that the cost of the scheme in terms of tax forgone was €5.5mTue Nov 15 2022 - 13:20
Exports surge to almost €20bn in September on back of roaring pharma trade Value of Irish goods exports increased by €4.8bn in September compared with same month last yearTue Nov 15 2022 - 12:22
Most buyers of Owen Reilly group’s €1m period homes require no mortgage fundingReport by real estate group Owen Reilly also reveals that majority of purchasers are Irish people and limited demand from international buyersMon Nov 14 2022 - 18:36
Shhh, don’t mention the Brexit warThe British economy is headed for a deeper and longer recession than its peersMon Nov 14 2022 - 11:03
Big Tech crunch: How badly could Ireland be bitten? Colossal amounts of corporate and income tax are derived from the ICT sector. But as tech giants apply brakes and announce layoffs, indigenous firms may benefit from the staff they liberateFri Nov 11 2022 - 03:00
Irish mortgage rates fell in September but drop will not lastData shows average interest rate on new mortgages fell by six basis points in SeptemberWed Nov 09 2022 - 16:32
Wage growth accelerates on back of inflation and staff shortagesResearch by Central Bank and Indeed reveals that wages rose at annual rate of 4.7% in OctoberWed Nov 09 2022 - 00:01
House prices to continue rising despite economic slowdown, says leading estate agent Market unlikely to have price correction due to ongoing supply problem, according to Sherry FitzGeraldTue Nov 08 2022 - 05:00
European shares at seven-week peak as travel stocks shineRyanair and PaddyPower Betfair Flutter drive Dublin’s Iseq higherMon Nov 07 2022 - 20:13
Real household income across OECD declines for third straight quarter as price squeeze intensifiesParis-based organisation says real household income per capita declined by 0.5 per cent in the second quarter of 2022Mon Nov 07 2022 - 12:32
Live Register total falls again as labour market continues to tightenLatest data show a further 800 people came off the register in OctoberMon Nov 07 2022 - 12:27
Ireland among least tax-competitive countries in OECD, says Washington-based think tankTax Foundation ranks the State 35th of 38 OECD countries in terms of overall tax competitivenessMon Nov 07 2022 - 06:30
French central bank chief forecasts three-year fight against inflationVilleroy de Galhau warns not to stop hikes until underlying inflation calmsMon Nov 07 2022 - 05:00
Irish consumers paying more for renewable electricity than necessary, lobby group claimsIrish Solar Energy Association says auction prices for renewable projects are rising unnecessarilyMon Nov 07 2022 - 00:01
Kerry Co-op shareholders plan to force vote on deal to purchase legacy milk business Farmers uneasy about how co-op plans to finance purchase of Kerry’s legacy dairy businessMon Nov 07 2022 - 00:00
Is Big Tech the canary in the economic coal mine?Technology firms announce lay-offs and hiring freezes in response to worsening economic conditionsSun Nov 06 2022 - 11:25
Inflation across OECD countries surges to 34-year high of 10.5% Paris-based organisation says double-digit inflation was recorded in 19 of 38 OECD countries,Thu Nov 03 2022 - 12:17
Unemployment remains at 20-year low of 4.4%Latest CSO figures suggest there were 117,500 people classified as unemployed in OctoberThu Nov 03 2022 - 11:35
Ibec lowers growth forecast for Irish economy and warns of market instabilityEmployers’ group says rising prices and energy costs will hit consumer spending in the coming monthsThu Nov 03 2022 - 05:30
Corporate tax take creating ‘artificially positive picture’ of public finances – DonohoeMinister reacts to latest exchequer numbers, which point to another spike in business tax receiptsWed Nov 02 2022 - 19:52
Government on course for record tax take despite inflationary surgeLatest exchequer numbers bolstered by corporation tax receipts as well as strong growth in income tax and VATWed Nov 02 2022 - 16:30
Ten potential economic disasters loom, warns top US economist Nouriel RoubiniWorld facing clutch of crises and that incoming recession will be worse than most analysts predict, says expertSun Oct 30 2022 - 16:04
Consumer price growth accelerates to 9.5% in October - CSO Agency’s harmonised index of consumer prices highlights pick-up in inflationFri Oct 28 2022 - 14:05
Retail sales fall sharply as cost-of-living crisis bitesLatest CSO figures indicate sales fell on both a monthly and an annual basis as consumers cut backFri Oct 28 2022 - 12:19
Average monthly rents rose from €589 to €1,084 in nine years - ESRIAverage private rents in the Republic almost doubled between 2012 and 2021, ESRI research indicatesFri Oct 28 2022 - 00:01
Bank of Ireland and PTSB hold off on higher rates as ECB hikes againLenders are alone in not raising non-tracker rates in recent monthsThu Oct 27 2022 - 19:15
ECB more hawkish on rates as inflation outlook deterioratesPolicymakers are fearful that the surge in price growth is becoming more entrenchedThu Oct 27 2022 - 16:11
Consumers cut discretionary spending in response to inflationAIB report highlights impact of higher prices on consumer spending patternsThu Oct 27 2022 - 13:30
ECB rate: More pain for mortgage-holders with 0.75 percentage point hikeThird rise since July means that interest rates have now jumped from zero to 2 per cent in the space of a few monthsThu Oct 27 2022 - 13:16
Housing supply to fall further behind demand as rising costs hit investment, Goodbody warnsBrokerage’s latest housing supply tracker highlights weakening trend in commencementsWed Oct 26 2022 - 11:25
