Supply of second-hand homes for sale down by a third since pandemicSherry FitzGerald says there just 12,785 second-hand properties listed for sale in July, equating to just 0.6 per cent of the State’s entire private housing stockTue Aug 20 2024 - 11:43
Government urged to reintroduce boom-time Section 23 tax break for builders and developersAuctioneers body says renewed relief would boost badly needed rental supplyMon Aug 19 2024 - 15:26
SMEs account for 99.8% of all businesses in Ireland and employ two thirds of workforceCSO’s latest business in Ireland’ survey indicates turnover by businesses of all sizes amounted to just under €1.3 trillion in 2022Mon Aug 19 2024 - 12:54
Olympics boosts supermarket sales but grocery-price inflation rises againSupermarket sales in the Republic rose by 7 per cent in the four weeks to August 4thMon Aug 19 2024 - 11:57
Why brainstorming and nitty-gritty are off limits in the workplaceList of terms on the linguistic naughty step are growing because they are thought to offend even where it is not obvious offence is being takenSun Aug 18 2024 - 11:38
The 10 blockbuster companies behind Ireland’s corporate tax windfallRevenue from the business tax generated €23.8 billion last year, equivalent to €5,000 for every man, woman and child in the StateFri Aug 16 2024 - 06:00
European stocks gain for third straight session as fears of US recession recede Sentiment boosted by upbeat global economic data, although some analysts cautioned investors against complacencyThu Aug 15 2024 - 18:33
Kenmare ‘well-placed’ to tap into growing global demand for titaniumDublin-headquartered mining group sees lower shipments of product from its Moma titanium mine in northern MozambiqueWed Aug 14 2024 - 17:24
Glanbia shares slide as ‘pricing noise’ drives revenues downKilkenny-based food group said overall group revenue fell by 1.1% to $1.82bn on a constant currency basisWed Aug 14 2024 - 07:53
Most estate agents believe Irish property prices now expensive or very expensiveSociety of Chartered Surveyors Ireland report also predicts prices to rise a further 4.5 per cent in the coming yearWed Aug 14 2024 - 00:01
Switch to electric motoring stalls as EV sales fail to pick up in JulyCSO figures show new EV licensed vehicles totalled 12,765 in the seven-month period from January to JulyTue Aug 13 2024 - 13:24
Do Ireland’s top earners pay too much tax?Department of Finance considers whether State’s tax system is in fact too progressive and therefore uncompetitiveSun Jul 28 2024 - 14:19
Irish consumer sentiment lifts as inflation eases and economy growsLatest Credit Union barometer points to an easing of strain on consumersFri Jul 26 2024 - 05:00
State’s housing targets at risk as new home completions stallLatest figures indicate there were 6,884 new dwelling completions between April and June this year, a fall of 5.4 per cent on the same period last yearThu Jul 25 2024 - 11:49
Creaking energy and water systems represent ‘reputational risk’ for Ireland, council warnsCompetitiveness council warns current strain on utilities meant business demand would soon outstrip supply with ramifications for inward investmentWed Jul 24 2024 - 14:25
Greencore upgrades earnings outlook as revenue increasesConvenience food group said it expects full-year adjusted operating profit to be in a range of £88m-£90mWed Jul 24 2024 - 07:50
Car congestion charge should be considered, officials adviseAnnual tax strategy papers ahead of budget also call for mandatory reporting of all inheritancesWed Jul 24 2024 - 05:00
Tax strategy papers: the highlightsInheritance tax changes, congestion charges, indexing the income tax system and hospitality’s pursuit of the 9 per cent VAT rateTue Jul 23 2024 - 19:30
Department of Finance torpedoes return of 9% VAT rate for hospitalityGovernment’s tax strategy group also highlights progressive nature of income tax system with 10% of high earners accounting for nearly two-thirds of income taxTue Jul 23 2024 - 18:06
Mandatory reporting of all gifts and inheritances under considerationDepartment of Finance’s Tax Strategy Group examines ways to strengthen the State’s inheritance tax systemTue Jul 23 2024 - 15:00
Data centres now account for 21% of all electricity consumptionCSO findings come amid an increasingly heated debate about data centres and their energy demandsTue Jul 23 2024 - 12:34
European stocks rebound but Ryanair leads airline sell-offThe pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing runMon Jul 22 2024 - 18:34
Wholesale electricity prices down 72% since peak of energy price shockEnergy prices spiked after Russia invaded Ukraine in February 2022, reaching a peak in August that yearMon Jul 22 2024 - 17:21
Irish grocery price inflation lifts for first time in 15 monthsKantar data suggest price inflation was driving value sales growth rather than increased purchasingMon Jul 22 2024 - 12:31
Supermac’s chief wants VAT reprieve for food businessesPat McDonagh says the industry is struggling to deal with jump in operating costsMon Jul 22 2024 - 06:00
Ireland’s demographic time bomb: too many retirees and too few babiesWhile birth rates are falling, the number of people aged 65 years and over is accelerating and will reach a record one million by 2030Sun Jul 21 2024 - 13:30
Fall-off in home sales fails to arrest price growthA total of 12,212 homes were sold between April and June this year, a report by property tech firm Geowox indicatesFri Jul 19 2024 - 05:00
European stocks fall as tech drags sentiment lowerThe pan-European Stoxx 600 index closes 0.5 per cent lowerWed Jul 17 2024 - 18:35
House price inflation jumps to 8.2%, new figures showLatest barometer shows Dublin prices rose an average rate of 8.6% in 12 months to May this yearWed Jul 17 2024 - 11:30
Sticky inflation could keep interest rates higher for longer, IMF warnsMomentum on cutting inflation is slowing as wage rises push prices higher in services sector, report saysTue Jul 16 2024 - 14:00
Irish population could grow to over 7m by 2057, says CSOCentral Statistic Office’s latest projections indicates inward migration will be the main driver of population growth, with birth rates predicted to fallTue Jul 16 2024 - 12:06
Economic populism of the right has gone mainstreamUK and French electoral systems have thwarted its advance but the far right is still on the rise globallySun Jul 14 2024 - 12:46
Irish inflation falls to three-year low of 2.2% in JunePrice growth in Irish economy continues to moderate in tandem with fall-off in energy costs internationallyThu Jul 11 2024 - 11:59
Donohoe links €8.3bn budget plan to unexpected population surgeIrish Fiscal Advisory Council launches broadside at Coalition over €8.3 billion budget plan, claiming it is adopting everything now approach to budgetingWed Jul 10 2024 - 15:20
Number of home buyers opting for fixed-rate mortgages dropsCentral Bank’s latest retail interest rate figures show fixed-rate contracts constitued two thirds of mortgage contracts agreed in MayWed Jul 10 2024 - 14:02
Bumper €8.3bn tax and spending package earmarked for Budget 2025Summer Economic Statement indicates tax measures amounting to €1.4 billion will be in October’s budget with additional spending of €6.9 billionTue Jul 09 2024 - 20:01
Government driving a coach and horses through its spending ruleCumulative breaches of the rule will, in real money terms, be in region of €11 billion by the end of next yearTue Jul 09 2024 - 17:48
Pace of IDA-sponsored investment and jobs slows Agency’s latest half-year report said it supported 131 investments enabaling delivery of 8,900 jobsMon Jul 08 2024 - 11:57
Looser mortgage lending rules linked to Irish house price surge, says MyHome House asking prices rose at the fastest pace in two years, according to property websiteMon Jul 08 2024 - 06:00
Global trend towards trade protectionism poses big risk for State, warns KPMG Consultancy predicts growth to slow in global gross domestic product this year on back of increasing geopolitical tensionsMon Jul 08 2024 - 06:00
ICS Mortgages cuts rates for buy-to-let borrowersNon-bank lender says buy-to-let rates would be reduced by 0.15 per cent from August 1stMon Jul 08 2024 - 05:33
Government urged to introduce productivity supports for food and drink firmsFood Drink Ireland (FDI) says rapid rise in costs is threatening viability of many firms in sectorMon Jul 08 2024 - 05:31
Construction activity contracts but housing output remains on upward curveBNP Paribas’s latest index for the construction sector here fell to 47.5 in June as work on commercial projects fellMon Jul 08 2024 - 00:00
What would a Eurosceptic government in the heart of the EU mean?Macron’s election gamble has engineered a dangerous moment for France and the European UnionSun Jul 07 2024 - 19:18
European shares fall on French election uncertaintyThe pan-European Stoxx 600 index ended 0.2 per cent lower, after notching a more than one-week high early in the dayFri Jul 05 2024 - 17:59
Six ways Jack Chambers might spend Ireland’s corporate tax windfall in Budget 2025About half the State’s annual corporate tax take – €12 billion – is now classified as windfallThu Jul 04 2024 - 15:06
Glenveagh on track to meet targets despite dip in earningsHome builder says it has completed 800 units of its 2,700 full-year target for 2024Thu Jul 04 2024 - 07:51
Buoyant tax returns likely to fuel political demands for giveaway budgetPressure likely to mount on Chambers and Donohoe to be generous as corporation tax receipts up 15 per cent on last yearThu Jul 04 2024 - 06:00
Chambers warns Ministers as spending pressures build ahead of budgetMinister for Finance says Ministers will have to prioritise in new post-Covid, post-inflationary crisis periodWed Jul 03 2024 - 20:43
Exchequer returns cap transformative week for new finance minister Jack ChambersGovernment is expecting a surplus of €8.6 billion this yearWed Jul 03 2024 - 19:45
