Sanctions forcing Russia to ‘cannibalise’ chips from washing machines, says US envoyMark Gitenstein says Moscow cannot win an industrial war with the WestThu Oct 24 2024 - 15:10
Housing shortage is State’s top concern - HarrisTaoiseach seeks to reassure US firms on infrastructure issuesThu Oct 24 2024 - 11:23
EU’s new fiscal rules pose risk to public finances - Ifac Budgetary watchdog will warn Ireland likely to avoid any financial scrutiny under revamped version of fiscal rulesWed Oct 23 2024 - 06:00
Global battle against inflation largely won, IMF saysWashington-based fund delivers upbeat assessment of global economy while warning of risks from escalating geopolitical conflictsTue Oct 22 2024 - 14:00
Nearly two thirds of Irish SMEs have reduced or stopped using British suppliers since BrexitNew survey by the Strategic Banking Corporation of Ireland (SBCI) reveals ‘stark changes in Irish SME trading patterns with Britain’ after EU departureMon Oct 21 2024 - 12:28
Kingspan acquires majority stake in Sweden’s Nordic WaterproofingCavan-based insulation maker says move will lift its annualised roofing and waterproofing revenues to approximately €1bnMon Oct 21 2024 - 08:23
Building a two-bed apartment in Dublin now costs almost €600,000Department of Housing cost study assessed cost of delivering four different building types in the Greater Dublin AreaMon Oct 21 2024 - 06:00
New project to explore potential for restoring oyster reefs in Dublin BayUniversity College Dublin teams up with Codling Wind Park to promote and enhance marine biodiversityMon Oct 21 2024 - 00:01
Irish firms less worried about geopolitical disruption than counterparts abroadGrant Thornton survey indicates just quarter of Irish businesses believe ongoing geopolitical uncertainty will diminish growth potentialMon Oct 21 2024 - 00:00
Five economic battlegrounds that could affect the next election resultFrom house prices to cost of living, the Government and Opposition parties need to win on these issues during any upcoming campaignSun Oct 20 2024 - 12:10
What’s happening with house prices?August was the 12th consecutive month to see an increase in property price inflation, a worrying trend for prospective buyersFri Oct 18 2024 - 06:00
Interest rates: Borrowers set to save more than €2,000 as series of new cuts expectedRate cutting pattern is expected to continue until June 2025Fri Oct 18 2024 - 01:00
ECB’s latest rate reduction will help borrowers but egg on house prices Markets are already pricing in four more rate cuts between now and MarchThu Oct 17 2024 - 14:58
‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates againFrankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per centThu Oct 17 2024 - 13:16
Euro zone inflation slows more than expected, paving way for ECB rate cutConsumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous monthThu Oct 17 2024 - 11:42
Irish house prices return to double-digit growthLatest official figures indicate that property prices nationally rose at an annual rate of 10.6%Wed Oct 16 2024 - 11:13
Chambers denies Finance Bill fast-tracked for electionMinister for Finance Jack Chambers says plan is part of a new EU-wide focus on medium-term budgetary policiesTue Oct 15 2024 - 15:16
Famed Dublin fashion outlet Alias Tom goes into liquidation amid mounting losses‘Move toward less formal workwear’ cited as one reason for moveTue Oct 15 2024 - 13:27
Ireland’s tax system is most progressive of any advanced economy, report findsDepartment of Finance says State’s taxation and welfare system does more to reduce income inequality than any other OECD economyWed Oct 02 2024 - 12:28
Irish unemployment remains at near historic low of 4.3%Jobless rate of 4% or lower in Irish labour market considered tantamount to full employmentWed Oct 02 2024 - 12:17
Budget 2025: Extending Help to Buy may drive up property prices, PBO warnsParliamentary Budget Office describes scheme as a demand side intervention to address a supply side deficitWed Oct 02 2024 - 09:10
Budget will provide six-month sugar rush - but perhaps only incremental change on housing and healthBudget 2025: Will it alter our shaky trajectory on housing? Will it end emergency department overcrowding in hospitals?Wed Oct 02 2024 - 06:00
Corporation tax receipts forecast to swell to €37bn a year by 2030Budget 2025: Forecast for corporation tax made in annual economic and fiscal outlook, published by Department of FinanceTue Oct 01 2024 - 19:28
Irish savers move more of their money into accounts with higher interest ratesRetail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levelsMon Sept 30 2024 - 16:19
Inflation drops to three-year low as global energy shock fadesLatest harmonised index of consumer prices (HICP) drops to lowest level since 2021Mon Sept 30 2024 - 11:20
Why Ireland has Scandinavian prices but without the salaries to justify themThere are several partial explanations for Ireland’s high-price culture but there’s no smoking gunSun Sept 29 2024 - 13:00
Budget 2025 will cost €10bn and make you roughly €1,000 richer. But it’s not all sorted yetThe projected €10 billion plus package of permanent and temporary measures is expected to put up to €1,000 in the pocket of the average workerFri Sept 27 2024 - 06:00
ESRI warns Government against delaying residential zoned land taxInstitute claims proposed tax is one of few ways policymakers could reduce cost of housingThu Sept 26 2024 - 00:00
Global economy ‘turning a corner’ as inflation fades and interest rates come downOECD says real wage growth is supporting household incomes and spending but rising geopolitical tensions pose risk to outlookWed Sept 25 2024 - 13:14
One in eight home buyers using gifts or inheritances to get on property ladder, research showsBanking and Payments Federation of Ireland finds renewed reliance on family to afford a homesTue Sept 24 2024 - 00:00
European shares end higher as markets bet on more ECB policy easingThe pan-European Stoxx 600 index closes 0.4 per cent higherMon Sept 23 2024 - 19:37
Many Irish homebuyers paying a minimum of 10% above asking price amid ‘intense competition’ Bank of Ireland highlights competition for homes as property continues to suffer from undersupplyMon Sept 23 2024 - 06:00
Tax changes in last budget helped boost lower paid worker incomesLiving Wage Technical Group revises down the minimum hourly pay required for a full-time worker without dependents to afford basic goods and servicesMon Sept 23 2024 - 06:00
Most tasks in nearly a third of professions could be automated by AIRapid expansion of large language models (LLMs) and GenAI technologies will usher in a major shift in how work will be performed, study findsMon Sept 23 2024 - 06:00
Sinn Féin’s Goldilocks problem: why can’t the party get things just right with voters? Two years ago, it was odds on to lead the next government but now the polls point in a different direction, what’s gone wrong?Sun Sept 22 2024 - 12:00
Government set to climb down on €10m tax threshold for transfer of family-run businessesProposed changes to the retirement relief system would generate huge tax bills for family businessesFri Sept 20 2024 - 06:00
Pricing pressures in Irish economy now on par with Celtic Tiger era, fiscal council warns Budgetary watchdog claims Government’s net spending this year will jump close to 9% despite its own self-imposed 5% limitWed Sept 18 2024 - 15:29
House prices now rising at annual rate of almost 10% Average price for a home nationally is €409,465, up €31,563 on this time last year, and €568,663 in DublinWed Sept 18 2024 - 11:24
Dalata sells Maldron Hotel Wexford to Neville Park group State’s largest hotel group says sale is opportunity to capitalise on an attractive valuationWed Sept 18 2024 - 10:35
If housing demands are unmet there will be 'quite a substantial increase in house prices' - Central BankCentral Bank warns further fiscal stimulus would boost inflationWed Sept 18 2024 - 00:01
Ireland’s housing requirement keeps getting bigger and biggerCentral Bank becomes latest to call for 50,000-plus homes a yearWed Sept 18 2024 - 00:00
ESB chief plays down prospect of further energy price cuts amid fall in profitsEnergy company says its business is growing and investment in renewables is continuingTue Sept 17 2024 - 13:14
Irish exports increase €9.5bn to €126bn in first seven months of 2024Latest trade numbers point to recovery in pharma exports after 2023 slumpMon Sept 16 2024 - 12:00
US, not Ireland, facilitated Apple’s €13bn tax-avoidance structureRevenue, under its own rules, did not have jurisdiction to tax the bulk of Apple’s offshore profitsSun Sept 15 2024 - 12:52
Only top income earners can afford to buy homes in Ireland, says developer High production costs linked to higher space and quality standards has made housing unaffordable for most income groups, says Brian Moran of HinesSat Sept 14 2024 - 18:02
Double-digit rise in tax on fuel needed to curb carbon emissions Dublin Economics Workshop hears call for shift from ownership taxes such as VRT and motor tax towards usage taxes such as excise duty on fuels and congestion chargesFri Sept 13 2024 - 19:47
Multinationals not alarmed at Apple tax judgment, head of IDA saysMichael Lohan more concerned at State’s infrastructure shortfall amid growing international competition for foreign direct investmentFri Sept 13 2024 - 16:09
ECB rate move hands Coalition perfect election springboardFrankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of general electionFri Sept 13 2024 - 06:00
ECB cuts interest rates for second time as inflation continues to slowFrankfurt trims its key lending rate, the one that affects mortgage rates, by 25 basis points to 4 per cent, providing some relief for mortgage holdersThu Sept 12 2024 - 13:16
Inflation falls to three-year low of 1.7% in AugustHeadline price growth in Irish economy continues to soften on back of reduced energy pricesThu Sept 12 2024 - 11:36