Varadkar hails ‘positive momentum’ as home-building hits 15-year high of 33,000New dwelling completions across the State rose by 10% to 32,695 last year, CSO figures showThu Jan 25 2024 - 12:15
ECB likely to dampen hopes of rate cut amid ongoing wage pressuresPolicymakers are expected to keep interest rates unchanged for a third meeting in a row on ThursdayThu Jan 25 2024 - 05:30
Building of 29,000 homes held up by planning delays or court challenges - reportAnalysis by construction firm Mitchell McDermott indicates planning delays may be adding €6,000 to the cost of each housing unit for buyers or rentersThu Jan 25 2024 - 05:00
House price inflation rises to 2.9% despite impact of higher borrowing costsCSO figures show prices in Dublin, which had been declining, rose by 0.9% year on year in NovemberWed Jan 24 2024 - 11:28
Not all of Davos partook in ‘worried about Trump 2.0’ vibe, head of JP Morgan appeared to be full of praise for himDespite the cynicism, Davos remains the biggest meeting of business and politics anywhere in the worldFri Jan 19 2024 - 06:00
Strikes over public pay remain likely if agreement not quickly reached in talks, says INMOGeneral secretary Phil Ní Sheaghdha told conference ongoing delays represent ‘a gamble’ with workers frustrated by failure to reach dealThu Jan 18 2024 - 20:49
Donohoe stops short of ruling out increased Government pay offerMinister for Public Expenditure said current €2.9bn proposal represents a ‘fair’ dealThu Jan 18 2024 - 20:06
Varadkar says there will be arrests over recent arson attacks on asylum seeker accommodationTaoiseach insists that Ireland is not a racist country and that the political climate around migration has changedThu Jan 18 2024 - 15:30
Sinn Féin’s tax policies would damage economy and jeopardise jobs, McGrath claimsSpeaking at the World Economic Summit in Davos, Minister says increasing burden of income tax on higher earners could choke off investmentThu Jan 18 2024 - 05:30
Scaramucci’s raucous late-night parties do nothing to help Davos’s image as meeting of decadent elitesWall Street financier famed for throwing the most raucous late-night bashes at annual event in Swiss AlpsThu Jan 18 2024 - 05:00
Argentina’s firebrand president slams socialism, claims capitalism is only way to end povertyUN secretary-general Antonio Guterres tells World Economic Forum that world had no effective global strategy to deal with eitherWed Jan 17 2024 - 13:06
‘I’m Jamie Dimon from JPMorgan Chase. God bless you’Ukraine president Volodymyr Zelenskiy meets Jamie Dimon while Trump win looms over forumWed Jan 17 2024 - 06:00
‘Strengthen our economy, we will strengthen your security,’ Ukrainian president tells Western leadersDavos: Volodymyr Zelenskiy calls for more support - financial and military - for Ukraine to ensure that Russia does not prevailTue Jan 16 2024 - 15:15
Russia is failing in its war against Ukraine, European Commission president tells Davos Davos: European Commission president says Moscow has lost half its military capabilities and been driven out of half the territory it initially capturedTue Jan 16 2024 - 11:26
World entering ‘new period of turbulence and transformation’, China’s premier warnsDavos: Li Qiang said ‘a lack of trust was aggravating risks to global growth and developmentTue Jan 16 2024 - 10:58
When you arrive at Davos, you can quickly spot the different grades of attendee by the colour of their badgeAnnual event was once a forum aimed squarely at policy wonks and economists. Not any more.Tue Jan 16 2024 - 05:00
Nearly 50% of chief executives believe ‘AI and climate crisis’ will derail firms within 10 yearsPwC’s annual survey highlights mounting concern about impact of technology and global warmingMon Jan 15 2024 - 19:23
Why hasn’t peace given Northern Ireland an economic lift?The Republic took a long time to benefit economically from independence, while the North has yet to benefit economically from the peace processSun Jan 14 2024 - 14:18
Commercial property investment falls to decade-low of €2bn in 2023 – report Sherry FitzGerald highlights impact of higher interest rates and remote working on commercial investmentThu Jan 11 2024 - 14:10
Value of Irish food and drink exports drops as inflation hits consumer spendingBord Bia’s latest export performance and prospects report cites significant downward pressure on trade pricesWed Jan 10 2024 - 19:35
Housing rents in Republic have doubled since 2010, Eurostat figures showAgency’s latest report notes house prices and rents across Europe have ‘evolved differently’ in recent yearsWed Jan 10 2024 - 15:47
AI-driven misinformation now world’s biggest short-term threat, World Economic Forum warnsForum releases Global Risks Report ahead annual gathering of world and business leaders in Swiss ski resort of Davos next weekWed Jan 10 2024 - 12:46
Glenveagh expects to deliver 2,700 new homes this yearHomebuilder said group revenue fell by 6 per cent to €608 million from €645 million in 2022Wed Jan 10 2024 - 09:05
Global economy heading for weakest half-decade of growth in 30 years, World Bank warns Washington-based bank says mounting geopolitical tensions could create fresh near-term hazardsTue Jan 09 2024 - 16:15
Retail sales rise in November despite financial squeezeSales increased by 0.2 per cent in the month and were up by 0.8 per cent on an annual basisTue Jan 09 2024 - 12:40
Some 3,200 first-time buyers avail of Government’s new First Home SchemeMajority of approvals were for buyers in Dublin, Cork, Kildare, Meath and WicklowTue Jan 09 2024 - 11:44
First-time buyers availing of State schemes accounted for 61% of mortgage transactions last yearAverage first-time buyer mortgage value now at €294,836, up €19,000 on previous year, says Banking and Payments FederationTue Jan 09 2024 - 00:00
European shares end higher as tech, retail lead reboundPan-European Stoxx 600 closes 0.3 per cent higher after falling as much as 0.7 per cent during the dayMon Jan 08 2024 - 19:07
Ukraine and Gaza wars threaten global political order, and countries co-operating less on health – reportWorld Economic Forum releases new co-operation barometer ahead of its annual meeting in Davos next weekMon Jan 08 2024 - 17:54
Government uses bumper corporate tax receipts to pay for €1bn health overrunExchequer returns show surplus was €1 billion less than Government forecast in October’s budgetFri Jan 05 2024 - 04:52
Public finances: 2023 may go down as tax sweet spot but storm clouds loomDepartment’s record exchequer numbers for the year just ended may be as good as it getsThu Jan 04 2024 - 19:02
Exchequer surplus drops to €1.2bn from €5bn in 2022Year-end exchequer returns show tax revenue rose by almost €5bn or 6% last yearThu Jan 04 2024 - 15:00
Inflation climbs to 3.2% as hopes fade of imminent ECB rate cut Headline price growth in economy rises despite falling energy pricesThu Jan 04 2024 - 11:55
Talk of ECB cutting interest rates in March is premature, analysts warnAs inflation falls, speculation that Frankfurt will begin to loosen the monetary reins sooner-than-expected has increased, but when can we expect the first rate cutThu Jan 04 2024 - 06:00
Irish services sector sees further expansion but cost pressures remainAIB’s latest purchasing managers index (PMI) for services fell from 54.2 in November to 53.2 in December, signalling slower growthThu Jan 04 2024 - 00:00
DNG adds to chorus of estate agents predicting house-price growth in 2024Company sees low single digit growth in Dublin but no price correctionWed Jan 03 2024 - 06:00
Irish households saving more than their European counterparts despite poor returnsConsumers in the State put aside an additional €4.5bn during the first 10 months of the yearThu Dec 28 2023 - 14:58
Social workers, credit controllers and accountants among most in-demand professionsRecruiter finds more than half of workers are open to job opportunities that don’t offer hybrid working arrangementsThu Dec 28 2023 - 12:38
Irish economy has stalled and corporation tax is wobbling but what will 2024 bring?Biggest concern for the year ahead appears to centre on whether ECB has gone too far with rate risesThu Dec 28 2023 - 06:00
Beacon hospital blames downturn in profitability on cost inflationDenis O’Brien-controlled private hospital operator saw profit before tax fall from €4.4 million in 2021 to €1 million last yearFri Dec 22 2023 - 06:00
Irish productivity levels inflated by multinationals, CSO figures showLabour productivity for foreign sector was €405.90 per hour compared with just €54.40 per hour for domestic sectorThu Dec 21 2023 - 14:03
Too early to declare victory over inflation, warns ECB chief economist Wages particularly in the services sector are still rising even if energy price shock and pandemic bottlenecks are ‘behind us’, Philip Lane saysWed Dec 20 2023 - 17:29
State had second highest public healthcare spend per person in EU in 2022CSO data indicates State spent €58.4bn on social protection last year, including €4,582 on public healthcare per inhabitantWed Dec 20 2023 - 14:25
Main housing bodies deliver 5,325 new homes Housing Alliance says it is ahead of target in the delivery of social homes for 2023Tue Dec 19 2023 - 17:48
Sharp adjustment in Ireland’s €50bn commercial property market ‘likely to continue’Central Bank officials discuss ongoing turmoil in the sector in response to cycle of rate hikesTue Dec 19 2023 - 17:37
Ireland Funds America gave $16.5m to almost 240 organisations in 2022Latest accounts for US-registered philanthropic group show revenues raised through donor gifts and fundraising events rose last year but investment income fellTue Dec 19 2023 - 06:00
Irish economy on ‘slower growth path’ amid high interest rates, Central Bank warnsRegulator says ongoing transmission of tighter monetary policy to the economy will weigh on growthTue Dec 19 2023 - 00:00
Five companies account for 43% of Ireland’s goods exports in 2022Pharmaceutical-related products accounted for almost two-thirds of Irish goods exports last yearMon Dec 18 2023 - 13:48
Irish households paying a mortgage experiencing higher inflationCSO study finds cost of living increase of 7.8 per cent for such borrowers compared with a rate of 5.6 per cent for households that own their home outrightMon Dec 18 2023 - 11:52
As Irish economy teeters on the brink of recession, will there be a hard or soft landing?The ‘soft landing’ scenario is now the dominant economic narrative supported by most of the agencies here, including the ESRI, Central Bank and the Government, but will it play out?Sun Dec 17 2023 - 12:35
