Bright outlook but with some turbulence ahead for Irish economyThe Irish economy continues to perform well but there are potential speed bumps aheadThu Sept 12 2024 - 05:00
Ipha announces new president while calling on next government to prioritise swifter access to medicinesIndustry body for research-led pharma sector in Ireland unveils Takeda’s Shane Ryan as its new presidentWed Sept 11 2024 - 18:07
Savers stuck with low interest rates for seventh consecutive month Average interest rate offered on overnight deposit accounts a mere 0.13% in July, Central Bank figures showWed Sept 11 2024 - 16:11
Extension of Trump-era tax cuts will add $5.5tn to US’s already ballooning debtPwC conference hears of impending tax cliff in US and how upcoming election will determine US tax policy for years to comeTue Sept 10 2024 - 19:53
Ireland’s corporate tax bubble is now a €30bn hot air balloonNot for the first time Apple has sent Ireland’s tax figures stratospheric and the Department of Finance running for coverSun Sept 08 2024 - 13:05
Irish economy unexpectedly contracts by 1% in second quarterRevised GDP numbers show economy shrank by 4.4 per cent in the first half of 2024Thu Sept 05 2024 - 18:50
Invest NI opens new Dublin hub to exploit North’s dual access to UK and EU marketsRepublic is second largest source of foreign direct investment for Northern IrelandWed Sept 04 2024 - 18:14
Government’s budget plan will ‘needlessly’ add to pricing pressures in economy, warns watchdog Irish Fiscal Advisory Council claims Government is pursuing an ‘everything now’ approach to budgeting by simultaneously promising tax cuts and higher spendingWed Sept 04 2024 - 00:00
Is our fiscal watchdog’s overheating warning overbaked?Budgetary oversight organisation claims Coalition is pursuing an ‘everything now’ approach to the budget which will add fuel to the price fireWed Sept 04 2024 - 00:00
More than four-fifths of State energy supply still via fossil fuels despite increased use of renewablesAnalysis by Sustainable Energy Authority of Ireland warns move to less carbon-intensive economy is not happening fast enoughTue Sept 03 2024 - 05:00
Next government must prioritise delivery of 300,000 new homes, says IbecEmployers’ group publishes pre-election manifestoTue Sept 03 2024 - 00:15
Ireland’s changing demographics: from Famine decline to immigration-boostAs people live longer, the population’s age profile is advancing more rapidly than at any other timeSun Sept 01 2024 - 11:36
Irish inflation falls to just 1.1% as energy prices declineLatest flash estimate for the harmonised index of consumer prices in Ireland comes ahead of expected ECB rate cut next monthThu Aug 29 2024 - 11:30
Olympic success fails to lift financially cautious Irish consumer Irish consumer sentiment weakens in August as consumers remain cautious about economy and cost-of-livingThu Aug 29 2024 - 06:00
Fewer than six properties to rent per 10,000 people in Republic, report findsAnalysis by property firm Savills highlights the chronic shortage of available property to rent and buy across StateWed Aug 28 2024 - 05:00
Average weekly earnings rise by 5.6% as workers seek real wage catch-upCSO’s latest earnings data show workers earned an average of €963 a week in the second quarterTue Aug 27 2024 - 12:24
Budget 2025 may be last chance to put in place resources needed to achieve climate plan, wind group saysWind Energy Ireland warns lengthy planning timelines for delivery poses risk to State’s climate targetsTue Aug 27 2024 - 06:00
Penalty points adding hundreds of euro to motor insurance premiumsSurvey by Peopl Insurance highlights how much insurance costs accelerate with penalty pointsTue Aug 27 2024 - 00:00
More than 40% of Irish workers not utilising their full holiday entitlementsSurvey by FRS Recruitment indicates nearly a fifth of employees did not use five days of their annual leave last yearMon Aug 26 2024 - 05:30
Christmas air fares could hit ‘record high’ because of passenger cap, Michael O’Leary warnsRyanair chief says 32 million passenger restriction will lead to record high air faresMon Aug 26 2024 - 05:00
Why are Irish house prices surging again?Since the ECB began raising interest rates in July 2022, Irish property prices have surged by 10%Sun Aug 25 2024 - 11:18
World shares gain after Fed signals lower ratesUS Federal Reserve chair Jerome Powell says ‘the time has come’ to cut interest ratesFri Aug 23 2024 - 18:34
Seamus Coffey appointed as chair of Irish Fiscal Advisory CouncilCork-based economist was previously chairman of the budgetary body between 2017 and 2019Thu Aug 22 2024 - 13:22
Irish employment hits 2.75m with record female participation Professional, scientific and technical activities, as well as industry sector, lead the way in growthThu Aug 22 2024 - 12:35
Budget 2025 must be framed around infrastructure delivery rather than ‘handouts’, Ibec saysEmployers’ group says potential for economy to grow is hinged on delivery of large-scale infrastructural projectsThu Aug 22 2024 - 00:00
McDonald’s plans 200 new restaurants in UK and Ireland, creating 24,000 jobsFast food giant says it plans to create 24,000 jobs in both countries over the next four yearsWed Aug 21 2024 - 16:23
More than 70 fake eFlow websites detected as ‘smishing’ attacks on consumers surgeAbout two million domestic and foreign motorists use the M50 and Dublin Port Tunnel toll roads each year, Transport Infrastructure Ireland saysWed Aug 21 2024 - 10:12
Irish head of global communications giant FleishmanHillard to step downJohn Saunders to become chairman with chief operating officer JJ Carter replacing him as president and chief executiveTue Aug 20 2024 - 16:57
Euro area inflation rises to 2.6% but ECB rate cut still on the cardsMarginal uptick in price growth not expected to derail ECB interest rate cut in SeptemberTue Aug 20 2024 - 12:39
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
