Pharma related exports have slumped by almost a quarter so far this year
Goodbody
Top 1000: Ongoing inflationary pressures and rising interest rates leave families struggling for feelgood factor as exchequer becomes ever more reliant on multinationals
AIB, Bank of Ireland and Permanent TSB have been slow to boost rates for savers and not fully passed on interest rates increases to borrowers
Move comes two years after Davy dropped from similar role
Latest Daft.ie housing report indicates that prices fell marginally in first three months of 2023
Overall figures skewed by switching and obscure the fact that average loan sizes are still on the rise
Completions expected to flatline this year after jumping in 2022
Supply to slip back to pre-Covid levels this year with 27,000 units expected to be completed
Despite concerns about the apartment sector, the housing sector is the bigger drag on commencements, Goodbody says
Lender on track to report as much as a €400 million accounting gain
Mr Kennedy was a former group director of finance and technology at AIB
Swiss bank is undergoing a restructuring following a series of scandals
Reports forecasts core economic growth of just 0.7 per cent this year with a growing focus on housing as commencements slow
Ireland finds itself in the grip of an inflation crisis, just one of several challenges that must be addressed effectively
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