Central Bank predicting boon for workers as wage rises catch up with inflationRegulator is forecasting that real wages for the average employee will rise by almost 9 per cent over the next three yearsTue Mar 12 2024 - 17:07
Housing output rising to 37,000 units a year by 2026 as commercial real estate slump frees up workers Forecast appears to clash with recent report from BNP Paribas which points to slump in residential activity hereTue Mar 12 2024 - 05:45
Workers in Ireland in line for biggest pay hike in a decade, Central Bank saysReal incomes will rise by almost 9 per cent over the next three years, Central Bank predictsTue Mar 12 2024 - 00:01
Switch to electric motoring accelerates with more motorists opting to buy EVsDespite the increase in sales, the overall take-up of EVs (electric vehicles) in the Republic is still modest by international standardsMon Mar 11 2024 - 12:24
Irish households save almost €17bn in 2023 but higher prices keeps pressure on Households added €16.8 billion in savings to their wealth in 2023, compared to €17.6 billion previous yearMon Mar 11 2024 - 11:55
Immigrants and the economic blame gameGetting a taxi, buying a coffee or dining out in Dublin are services that are now - in the main - supplied by immigrant labourSun Mar 10 2024 - 13:04
European shares jump 1% after ECB rate decisionPan-European Stoxx 600 extends gains and hit a fresh record high, rising 1 per centThu Mar 07 2024 - 18:25
Inflation sees almost 900,000 people experience ‘enforced deprivation’ Latest economic data shows income rose in most households last year but fell in real terms when adjusted for inflationThu Mar 07 2024 - 12:28
State’s unemployment rate unexpectedly drops to 4.2% Latest CSO figures indicate there were 119,300 people classified as unemployed in February, compared with 129,300 the previous monthWed Mar 06 2024 - 11:24
Greencoat enjoys jump in cash revenue as it acquires more assetsDublin-listed wind and solar energy group says its protfolio produced renewable energy to power roughly 750,000 homesWed Mar 06 2024 - 07:49
Tullow on track to deliver $800m in free cash flow as debt reduction acceleratesOil and gas explorer says start-up of Jubilee South East offshore Ghana drove production and boosted 2023Wed Mar 06 2024 - 07:26
Rents and house prices to keep rising as Ireland among EU’s lowest for housing investment - ESRIMembers of the think tank due before Oireachtas Committee on Budgetary Oversight to discuss ‘the present economic and fiscal situation’Wed Mar 06 2024 - 05:00
Why is the Government so flush with tax when households are struggling?Government tax receipts came in at €12 billion at the end of February, up 5.5 per cent on the same period last yearTue Mar 05 2024 - 19:36
Strong income tax receipts keep public finances on right track Latest exchequer returns show income tax generated €5.3 billion in January and February this year, 5.7 per cent ahead of the same period last yearTue Mar 05 2024 - 16:35
Service sector continues to expand but inflation a persistent worryWage costs cited as key driver of inflation, while transport companies also highlight fuel costsTue Mar 05 2024 - 05:30
Directors cite ‘reputational risk’ as main deterrent to sitting on State boardsSurvey by the Institute of Directors Ireland comes as fallout from RTÉ's payments controversy continues to play outMon Mar 04 2024 - 06:00
Irish language marketing can give firms ‘competitive edge’ Research finds more than 70% of people assume a product locally sourced or Irish when Gaeilge deployed on labelling or advertisingMon Mar 04 2024 - 06:00
Lidl to spend €15m on giving Irish staff 6% pay hikeRetailer says increases, which apply from March 1st, make Lidl the highest-paying supermarket in IrelandMon Mar 04 2024 - 05:00
Eoin Burke-Kennedy: Why the Michael O'Leary of housing is calling for fundamental shift in homeownership in IrelandLack of housing is forcing young people to leave and the Government has a responsibility ‘to play a bigger role’, Michael Stanley saysSun Mar 03 2024 - 12:14
Sinn Féin got its sums wrong when calculating its alternative budget, say finance officials Seen and heard: Opposition’s alternative budget, Clevercards’ digital payments and house prices near the proposed MetroLinkSun Mar 03 2024 - 08:04
Early ECB rate cut unlikely as Euro zone inflation eases less than expectedLatest Eurostat data all but ends speculation ECB policymakers might start cutting interest rates before JuneFri Mar 01 2024 - 12:35
Recession confirmed last year as GDP shrinks by 3.2% Economy went into reverse in 2023 on back of slump in multinational exports, CSO figures showFri Mar 01 2024 - 12:04
European markets edge up as investors mull latest inflation dataUS and German consumer price inflation seen as in line with forecasts easing investor worriesThu Feb 29 2024 - 17:24
Lack of housing for young people ‘destroying our economy’ - Cairn Homes chief Homebuilder expects another year of strong growth in 2024Thu Feb 29 2024 - 08:13
‘Disorderly’ commercial property crash a key risk for financial sector, Central Bank warnsRegulator publishes new report setting out its regulatory priorities for the year aheadThu Feb 29 2024 - 05:00
Switch to electric motoring to cost exchequer €2.5bn in lost tax revenue by 2030Loss could be offset by charging drivers for road use by distance or congestion charges, Irish Fiscal Advisory Council analysis notesWed Feb 28 2024 - 13:31
Retail sales weaken in face of cost-of-living squeezeSurge in inflation and consecutive ECB interest rate hikes had less than expected impact on consumer behaviourWed Feb 28 2024 - 11:45
Glanbia benefits from ‘protein mega-trend’ as profits surgeRevenue fell almost 9% to $5.4 billion while earnings per share rose by close to 20%Wed Feb 28 2024 - 09:11
Construction output falls sharply as non-residential sector suffers interest-rate squeezeCSO figures show construction output as a whole in Ireland fell by 6.3 per cent in 2023Mon Feb 26 2024 - 15:33
Number employed by Government client companies hits record 535,000Minister for Enterprise Simon Coveney says figures demonstrate strength of State’s economy despite serious challenges posed to international tradeMon Feb 26 2024 - 12:31
Government’s election dilemma: Go now while economy is healthy or wait until more homes are built?Timing of the next election could be crucial in determining the outcome, and three options - June, after the October budget or early 2025 - are being mulled, say insidersSun Feb 25 2024 - 10:25
No wind farms granted planning permission anywhere in State last year, climate conference hears Slow pace of deployment of renewable-energy projects poses chief risk to State’s climate objectives, warns energy economist Lisa RyanThu Feb 22 2024 - 18:36
Housing commencements hit new post-boom record in January3,357 new homes under construction will raise hopes that Housing for All targets this year can be achievedThu Feb 22 2024 - 18:10
Irish house prices defy impact of higher interest rates to rise by 4.4% in 2023Latest residential property price index also shows headline rate of price growth has begun to accelerate againWed Feb 21 2024 - 11:40
Project to assess gas network’s compatibility with green hydrogenGas Networks Ireland and Science Foundation Ireland partner in project to determine how compatible materials that make up Ireland’s gas pipeline are with green hydrogenWed Feb 21 2024 - 08:33
C&C launches €15m share buyback programmeDrinks group says buyback is part of a plan to return up to €150 million to shareholders over the next three yearsWed Feb 21 2024 - 07:50
Lack of scale in homebuilding sector threatens future supply, report warns Report by stockbroker Goodbody says industry is made up of a large number of smaller builders with limited capacityWed Feb 21 2024 - 05:28
Number of IT workers in Ireland shrinks by almost 6,000 on back of global downturnCSO’s latest monthly payrolls data highlights how global tech retrenchment is playing outTue Feb 20 2024 - 16:09
Poorer households hit harder by indirect taxes such as VAT, report findsReport by the Parliamentary Budget Office examines scale of such levies paid by Irish households.Tue Feb 20 2024 - 14:31
Hilton’s Home2 Suites brand to open in Dublin next yearRevamped property in north inner city will feature 290 rooms, including 214 king studio suites, for extended-stay hotelTue Feb 20 2024 - 09:27
Global stocks flat as investors await earnings from heavyweightsHoliday for US markets make for thin tradingMon Feb 19 2024 - 18:22
New €40m cost-rental, modular housing scheme announced for Galway city Monivea Road scheme will comprise 102 homes, including 28 cost-rental unitsMon Feb 19 2024 - 16:46
Could Ireland’s dialled-up rhetoric against Israel trigger a corporate backlash?Taoiseach Leo Varadkar has accused Tel Aviv of being ‘blinded by rage’ while Minister for Enterprise Simon Coveney claims it is ‘behaving like a rogue state’Sun Feb 18 2024 - 12:00
Solution to immigration challenge is tighter controls, German finance minister tells DublinChristian Lindner says German economy has problems with its ‘fitness’ as Michael McGrath hails €42bn business with Ireland’s largest EU trading partnerTue Feb 13 2024 - 18:07
Public sector pay deal helps workers without stoking inflation, Donohoe saysMinister for Public Expenditure announces Government approval for new pay deal which will see 385,000 civil and public sector workers pay rises of 10.25 per cent over 2½ yearsTue Feb 13 2024 - 16:35
Museum of Literature Ireland to lay off one-third of staff amid mounting financial problemsDublin cultural facility, which opened in 2019 in Newman House on St Stephen’s Green, blamed the cutbacks on ‘growing operational costs’Mon Feb 12 2024 - 17:24
Glanbia’s Optimum Nutrition brand to sponsor McLaren F1 teamIllinois-based maker of protein powders will feature on the driver and pit crew overalls for the 2024 season and beyondMon Feb 12 2024 - 15:46
Sinn Fein’s slide in the polls: it’s the economy, stupid or is it?The gap between Sinn Féin and the other two big parties has narrowed decisively in recent months. What’s driving it?Sun Feb 11 2024 - 07:00
Middle East tensions could alter inflation outlook, ECB warnsIn its latest economic bulletin, European Central Bank said rates would remain at ‘sufficiently restrictive levels for as long as necessary’Thu Feb 08 2024 - 11:41
Irish economy expected to resume strong growth path in 2024, predicts EY Consultancy’s latest economic outlook suggests economy and labour market to expand after slowdown in 2023Thu Feb 08 2024 - 06:00
