Another rate hike on the cards for September as ECB warns inflation outlook hasn’t improvedBank’s markets chief Isabel Schnabel likely to seek large rate increase as euro zone inflation rises to record 8.9%Thu Aug 18 2022 - 15:30
Irish consumer confidence hits 22-month low as households brace for winter of discontentKBC Bank Ireland’s latest barometer points to gloomy mood as price pressures persistThu Aug 18 2022 - 05:00
Site value tax will restrict land hoarding and make housing cheaper, commission claims Commission on Taxation and Welfare suggests taxing land could potentially raise more revenue than existing LPT and rates regimesThu Aug 18 2022 - 05:00
ResMed to create 70 new jobs, opens new €30m R&D centre in DublinDigital health company manufactures medical products to combat sleep and respiratory disordersWed Aug 17 2022 - 11:26
Glanbia ‘exceeded plans’ as revenue jumps 38.5% in first half Action taken to counter inflation has started to pay off, according to dairy and nutrition companyWed Aug 17 2022 - 07:30
Value of output in services sector continues to rise despite cost-of-living squeezeThe value of services was 21.5% higher in June compared with the same month last year, CSO figures showTue Aug 16 2022 - 17:16
Unions call on Tánaiste to intervene to save jobs at Premier Periclase in Drogheda Company which makes magnesium-based products has been hit by spiralling energy costsMon Aug 15 2022 - 19:29
European shares edge higher on defensive lift as weak China data stokes worriesChina-exposed sectors lead losses, while Healthcare stocks were among biggest boost to European boursesMon Aug 15 2022 - 17:47
Irish exports hit half-year record of €105bn as pharma trade boomsTrade data points to pick-up in value of goods imports from Britain, reflecting higher energy and fuel pricesMon Aug 15 2022 - 12:09
Taxing empty homes a political sideshow that will not fix housing crisisThe truth, according to data, is that the State’s vacancy rate is low and a tax would be hard to design given the valid exemptionsSun Aug 14 2022 - 11:18
High rejection rate associated with State mortgage scheme linked to repayment capacityLocal Authority Home Loan scheme provides loans to first-time buyers at a reduced rateFri Aug 12 2022 - 05:00
European shares tick higher after a strong rally in previous session on signs of US inflation coolingMoney markets are pricing in over a 60% chance of a 50 bps hike from the Fed at next month’s meetingThu Aug 11 2022 - 20:14
Forestry consultants claim State service breaches EU competition lawAssociation of Irish Forestry Consultants takes case against Government to European CommissionThu Aug 11 2022 - 05:00
Coalition pledges tax package to benefit almost all workersWelfare recipients, renters and landlords set to gain from upcoming budgetThu Aug 11 2022 - 05:00
Indexing tax system would boost pay of 2m workers but cost up to €1.1bn a year Tax strategy group estimates cost of inflation-proofing tax systemWed Aug 10 2022 - 13:52
Shift to buying electric and hybrid cars accelerates Electric and plug-in hybrid cars accounted for more than a fifth of all new vehicles licensed in the State this yearWed Aug 10 2022 - 12:25
Aviva’s Irish operation sees profits fall due to higher insurance claimsChief executive urges Government to implement legislation to help reduce number of claims going to courtWed Aug 10 2022 - 08:30
Bed price inflation boosts revenue at HostelworldDublin-based hostel booking company reports net revenue of €28 million for the first six months of 2022Wed Aug 10 2022 - 07:46
Ministers favour widening income tax bands over new 30% rateTax Strategy Group papers, published on Wednesday, assess how tax burden on middle-income earners might be easedWed Aug 10 2022 - 05:00
High inflation and low consumer confidence point to deteriorating outlook across OECD Agency says high-frequency data such as order books and confidence-indicators signal loss of momentumTue Aug 09 2022 - 11:50
More than half of Irish firms impacted by Brexit red tape CSO Global Value Chain participation survey details number of firms sourcing inputs from abroadMon Aug 08 2022 - 12:42
Live Register total falls again as labour market tightensConditions in State’s labour market continues to improveMon Aug 08 2022 - 12:39
More than half of local authority home loan applications rejectedState-backed scheme provides loans to first-time buyers who have been refused a mortgage by traditional lendersMon Aug 08 2022 - 05:00
Consumers spend more on groceries and restaurants, less on clothes and airport shopping Shoppers are looking for cheaper brands in supermarkets to keep money aside for treats at restaurants, Revolut data showsMon Aug 08 2022 - 05:00
Over half of employees believe a recession is ‘inevitable’, survey findsResearch by HR software firm Greenhouse also highlights impact of cost-of-living squeeze on jobs marketMon Aug 08 2022 - 05:00
Brexit fantasy set to unravel with Johnson’s departureUK’s economic difficulties – from inflation to trade and staff shortages – are being compounded by BrexitSun Aug 07 2022 - 12:00
Real household income across OECD countries declines as recession loomsOECD reports squeeze on income due to higher consumer pricesThu Aug 04 2022 - 14:02
Unemployment falls to 21-year low of 4.2% as Covid bounce-back continuesRepublic’s jobless rate continues to fall as post-pandemic economy growsThu Aug 04 2022 - 13:05
Record tax receipts deliver €5bn surplus for exchequerStrong exchequer returns driven by corporation tax, VAT, income tax and lower spending on Covid supportsWed Aug 03 2022 - 22:30
Sinn Féin’s tax plans branded ‘anti-enterprise’ by TaoiseachPearse Doherty says his party would not increase taxes on small businesses after Micheál Martin accuses SF of ‘knee jerk’ politicsWed Aug 03 2022 - 21:17
Wealth of Irish households rises above €1tn for first time Headline figure from Central Bank equates to almost €200,000 for every man, woman and child in the StateWed Aug 03 2022 - 12:35
Inflation across OECD countries surges to 34-year high of 10.3%Headline rate represents sharpest price increase across industrialised countries since June 1988Wed Aug 03 2022 - 11:59
Leo Varadkar: It will ‘feel like a recession’ for people whose income will not rise as fast as cost of livingTánaiste and Minister for Enterprise argues Sinn Féin’s economic policies would likely result in fewer jobsWed Jul 20 2022 - 05:38
Government may be forced to build children’s science centreArbitrator instructs OPW to deliver project costing tens of millions of euro after it loses legal dispute over National Children’s Science CentreMon Jul 18 2022 - 05:00
Ireland’s Celtic Tiger legacy: expensive loans, faulty apartments and Europe’s worst housing crisisThe impact of the 2008 meltdown and its belt-tightening aftermath still reverberateSun Jul 17 2022 - 12:57
Economy grew by 13.6% last year as multinational exports surgedMeasure of domestic conditions shows more modest 5.8% growth, revised down from previous estimate of 6.5%Fri Jul 15 2022 - 11:47
Inflation hits 38-year peak of 9.1% as cost-of-living crisis worsensIrish consumer prices increased by an average of 9.1% in the 12 months to JuneThu Jul 14 2022 - 11:08
Irish mortgage rates still among highest in euro zone, adding to high living costsIrish banks continue to charge an interest rate premium on mortgage loansWed Jul 13 2022 - 13:39
Property taxes promote more stable housing market, study findsTaxes on property also deliver more stable source of revenue to government as they are less prone to changes in economic cycleWed Jul 13 2022 - 12:24
House price growth slows again as cost-of-living issues biteProperty price inflation slowed the second consecutive month in MayTue Jul 12 2022 - 11:04
OECD warns of slowing growth in euro zoneHigh inflation, low consumer confidence and falling stock indices all point to tougher times aheadMon Jul 11 2022 - 13:15
Dairy’s climate debate position undermined by declining water quality Half of Irish rivers and lakes failing environmental standards due to levels of nitrates and phosphates from agricultureSun Jul 10 2022 - 11:44
Ireland is missing the usual signs of recessionIreland’s economic outlook comes with high downside risks but remains positive despite some fierce headwinds and the worst cost-of-living crisis in a decadeFri Jul 08 2022 - 05:00
Over half of Government’s corporation tax receipts might be ‘unsustainable’Central Bank warns volatility of corporation tax and its concentration now pose major threat to public financesThu Jul 07 2022 - 06:30
Inflation to go above 10%, Central Bank warnsRegulator says elevated level of price growth will depress real incomes by about 3.3%Thu Jul 07 2022 - 00:15
Collapse in young home ownership rates will leave future retirees financially exposed, study finds Research warns old age pensioners in years ahead will have to pay rent although no longer workingWed Jul 06 2022 - 00:02
Hike property taxes and impose congestion charges, tax commission says Commission on Taxation and Welfare warns Government of need to raise billions to fund spendingTue Jul 05 2022 - 05:45
Government right to alter spending plans but must avoid fuelling inflationSummer Economic Statement signals additional outgoings and tax measures in budget due to surplusMon Jul 04 2022 - 20:16
Booming tax receipts generate €4.2bn surplus for GovernmentStrong exchequer returns driven by corporation tax, VAT and income tax and lower spending on Covid supportsMon Jul 04 2022 - 19:34
Beacon Hospital signals further expansion with acquisition of two adjacent sitesDenis O’Brien-controlled private hospital plans to expand clinical facilities and create a new medical research hubMon Jul 04 2022 - 05:30
