A new report by Microsoft and Trinity College Dublin is projecting that the adoption of artificial intelligence (AI) could add €250 billion to Ireland’s economy, as measured by ...

New figures from the Central Statistics Office shows that inflation eased to an annual rate of 1.8% in February from a rate of 1.9% in January. Today’s figures ...

The latest AIB Spend Trend report shows that Storm Éowyn led to an exceptionally quiet day for spending on Friday 24 January. AIB said the number of in-store ...

The European Union will impose counter tariffs on €26 billion ($28bn) worth of US goods from next month, the European Commission said, ramping up a global trade war ...

New figures from the CSO show that the number of planning permissions granted for apartments fell by almost 39% last year when compared to 2023. The data from ...

New figures from the Central Bank show that the average interest rate on new Irish mortgages rose to 3.82% in January from 3.8% in December despite recent rate ...

Taoiseach Micheál Martin will tell US President Donald Trump that there is a “two-way street” of investment between the US and Ireland, as a trade imbalance between the ...

Employment fell in the construction sector last month, ending a five-month period of jobs growth. The AIB Ireland Construction PMI report in February shows staffing levels were scaled ...

Almost three-quarters of Ireland’s working population would like to retire by age 60 or sooner, according to new research. The latest Retirement Aspirations survey commissioned by pension company ...

The euro zone economy grew by 0.9% in 2024, revised data showed today, higher than a previous estimate of 0.7%. The EU’s official statistics agency also revised growth ...

More than half a million people are facing travel disruption at German airports today where a 24-hour strike has led to thousands of flight cancellations in a dispute ...

More than three quarters (78%) of Irish adults are being targeted with scam text messages, emails, phone calls or online content at least once a month, according to ...

US President Donald Trump yesterday signed an executive order to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White ...

The domestic economy grew by a healthy 2.7% last year, according to the latest figures from the Central Statistics Office. Gross Domestic Product, which includes the multinationals activity, ...

January saw the first year-on-year decline in first-time buyer approval volumes since June 2024, new figures from Banking & Payments Federation Ireland show today. Today’s figures show that ...

The Government is scenario planning for effects of tariffs being imposed on goods from Ireland by the Trump administration, according to the Minister for Public Expenditure Jack Chambers. ...

Tax receipts in the first two months of this year are up 12% on the same time in 2024, indicating that the economy continues to power ahead. In ...

The damage wreaked by Storm Éowyn in January has caused many home and business owners to look at other sources of backup power for the next big storm. ...

The Irish Exporters Association has warned companies to prepare for the possibility of tariffs being imposed on exports from the EU to the US. The CEO of the ...

New figures from the Central Statistic Office show there is no sign of an increase in the building of houses and apartments. Residential construction declined by 0.1% in ...

Growth in the country’s services sector eased slightly in February, with both total activity and new business expanding at the weakest rate for more than a year, a ...

Taoiseach Micheál Martin has said he will tell US President Donald Trump that tariffs could cause damage to a “small open economy” like Ireland when the two men ...

Retail sales fell by 0.5% month-on-month in January and by 0.3% year-on-year, new figures from the Central Statistics Office show today. The CSO said that excluding car sales, ...

Consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the ...

Ireland will take a “step-by-step” approach in response to any trade tariffs imposed on the EU by US President Donald Trump, Taoiseach Micheál Martin has said. Mr Martin ...

Euro zone inflation was heading back to target but there were still some worries about inflation, warranting caution in signalling further policy easing, the ECB concluded last month, ...

Bitcoin fell to a three and a half month low today, dragged by uncertainty about US President Donald Trump’s tariff plans and crypto policy and flagging investor confidence ...

The European Commission has today proposed making €100 billion available to support EU-made clean manufacturing, streamlining public procurement processes and simplifying state aid rules to give Europe’s ailing ...

Despite concerns that landlords are leaving the market, new research from the State body which regulates the rental sector shows the number of registered private tenancies rose by ...

Cost-of-living concerns and US policy shifts weighed on Irish consumer confidence in February, according to the latest Credit Union Consumer Sentiment Survey. The study notes that a spate ...

Preliminary estimates from the Central Statistics Office for the fourth quarter of last year show that average weekly earnings rose by 5.6% to €979.71 from €927.98 the same ...

The Competition and Consumer Protection Commission (CCPC) has launched a report calling for an online portal that would see used car buyers given free access to car-history information, ...

A survey of US companies that are members of the American Chamber of Commerce Ireland shows that 80% of respondents said they would continue to have a positive ...

German business leaders have today called on Berlin to form a new government swiftly, saying that Europe’s largest economy could not afford to waste any time as companies ...

New car sales in Europe were down by 2.1% in January, as a jump in fully electric and hybrid-electric car registrations in its main markets was not enough ...

Taoiseach Micheál Martin and Tánaiste Simon Harris will seek Cabinet approval to allocate more than €50m towards cross-border projects. The Government has committed to increasing the Shared Island ...

Occupancy rates in Irish hotels fell last year, while forward room bookings for 2025 are €100m lower than they were at this stage 12 months ago. Those are ...

There are 350,000 office jobs which could be done remotely according to a new report. The research is from Grow Remote, an organisation that promotes remote working and ...

Advertised rents rose by an average of 5.7% last year, according to the latest report by property listings website Daft.ie. The rate of increase is marginally slower than ...

The State needs to take the lead on data centre policy in order to ensure the ongoing strength of the wider digital infrastructure industry here, according to the ...

The estimated number of people in employment in the fourth quarter of 2024 stood at just under 2.8 million, up 2.6% compared with the previous year, the Central ...

The Irish State is to take part in a major international property conference in France next month in an effort to attract investment into residential construction. Senior officials ...

Residential property prices grew by 8.7% in the year to December, marking a slowdown from a revised 9.6% growth seen in the previous month, new figures from the ...

The Irish Home Builders’ Association (IHBA) has said it does not believe house completions will increase this year. The organisation said this is due to a drop in ...

A new survey from the Society of Chartered Surveyors Ireland has forecast a 1.4% rise in average prime office rents this year, with capital values rising by 1%. ...

A €1.5 million fund to foster inclusive, resilient communities and strengthen social cohesion across Ireland has been announced. The fund, run by Rethink Ireland, in partnership with law ...

Data centres are going to be required to make public their carbon emissions and use of renewables, under a new draft policy from the regulator responsible for the ...

The national residential vacancy rate fell to a new low of 3.8% in the final three months of last year. New figures from GeoDirectory and EY show that ...

Bank of Ireland said its customers increased their debit and credit card spending in January, with the pace of household spending growing by 6.1%, up from 4.5% in ...

Exports of goods from Ireland to the US surged by 34% last year, driven by a significant rise in pharmaceuticals, the latest figures from the Central Statistics Office ...

New figures show that jobs in client companies of Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta, are now at their highest ever level, at over 546,763 jobs, ...

Spending on gas for electricity in Ireland was cut by almost one billion euro last year, as wind energy supplied 32 per cent of Ireland’s electricity. Irish wind ...

A new Europe-wide survey shows strong public support for EU action to address the risks and maximise the benefits of artificial intelligence (AI) in the workplace. The European ...

Local authorities will be able to zone more land for housing under changes to the National Planning Framework which will be discussed by a Cabinet committee later. The ...

Finance Minister Paschal Donohoe has said that the promised VAT reduction for the hospitality sector should be “concentrated on the food and catering” sectors. Sinn Féin Finance spokesperson ...

Euro zone industrial production shrank by more than expected in December, indicating that the sector’s two-year recession is far from over even if some sentiment and order figures ...

New analysis from the Central Statistics Office has found that the cost of a typical St Valentine’s Day gift or night out has increased over the last five ...

Rents should be freely adjusted between tenancies in a significant change to existing restrictions, a major new report on Ireland by the Organisation for Economic Cooperation and Development ...

New figures from the Central Bank show that the average interest rate on new Irish mortgages in December fell to 3.8% – the lowest rate since April 2023 ...

Briefings for the CEO of the IDA said he needed to be prepared for questions on President Donald Trump’s plans for tariffs which were described as “counterproductive” and ...

Recruitment firm Cpl has released its salary guide for 2025 detailing the expected pay levels for a wide range of roles across 20 different sectors. The guide is ...

Three quarters of Irish CEOs expect economic growth to pick up in the coming year, according to the latest CEO Survey from PwC. That compares to 50% of ...

Tánaiste and Minister for Foreign Affairs Simon Harris will join an emergency meeting of EU trade ministers via video conference later to respond to US President Donald Trump’s ...

Taoiseach Micheál Martin has said there would be some “secondary effects” on the Irish economy as a result of US president Donald Trump’s announcement of 25% tariffs on ...

The Government is examining a recommendation in the Housing Commission’s report which backed the introduction of a system called “reference rents”. This would mean limits regarding how much ...

The potential replacement of Greenwich Mean Time (GMT) with a domestic Irish equivalent will be among the topics discussed at a forum in Dublin. The National Standards Authority ...

Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie. The volume mortgage customers switching ...

The Commission for Communications Regulation (ComReg) is setting up an SMS Sender ID Registry to identify legitimate organisations in order to help cut down on text message scams. ...

Oil prices moved higher today even as investors weighed US President Donald Trump’s latest tariff threat, this time on all steel and aluminium imports, which could dampen global ...

There has been a significant jump in the number of people borrowing money to buy cars and make home improvements, according to latest figures from the Banking & ...

Workers in non-EU multinational companies accounted for the highest average earnings in 2023, according to a new report from the Central Statistics Office. The research shows that median ...

There was a further payment of €1.7 billion from Apple’s tax money into the Government’s coffers last month, according to the Department of Finance’s Exchequer Returns. The funds ...

Ireland will need to build 93,000 homes a year meet demand between now and 2031, according to a report by stockbroker Davy. The estimate is significantly higher than ...

Fáilte Ireland drove over 1.2 million referrals from its website and social media channels to the booking engines and websites of Irish tourism businesses last year. The tourism ...

The country’s services sector grew at its slowest pace in nine months in January as new export business contracted for the first time in six months and employment ...

More than half a million people are missing out on tax refunds, according to estimates from the Revenue Commissioners. It said that around €389m in tax may have ...

An Post has announced that the price of a stamp will increase by 25 cent to €1.65 later this month. It said the rise takes account of wage ...

New figures from the Society of the Irish Motor Industry show that electric vehicle (EV) sales had a record-breaking month in January. SIMI said a total of 4,925 ...

There was a 9% quarterly decrease in the number of new job vacancies created on hiring platform IrishJobs in the fourth quarter of 2024. Manufacturing, IT, finance and ...

Euro zone inflation ticked up slightly in January to 2.5%, edging higher for a fourth consecutive month driven by energy price increases, official data shows. Consumer prices were ...

The manufacturing sector returned to growth in January thanks to fresh impetus in output and new orders, as confidence levels among firms remained close to December’s 15-month high, ...

The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed ...

Gold prices rose to hit a lifetime high today, sparked by safe-haven demand due to US tariff threats, while the focus was also on a crucial inflation report ...

Bank of Ireland has increased its growth forecast for the domestic economy for this year. It said modified domestic demand will expand by 4% compared to an earlier ...

The European Central Bank is expected to cut interest rates by 0.25% when its governing council meets today. This will bring the main refinancing rate, which is used ...

Over 80% of Irish consumers were targeted by scammers last year, new data shows. The research carried out by international money app Wise, reveals that almost half of ...

Mortgage drawdowns by first-time buyers (FTB) hit the highest level since 2007 last year, new figures show. The data from Banking and Payments Federation Ireland reveals that over ...

Spain’s economy expanded a stronger-than-expected 3.2% in 2024, by far outperforming its euro zone peers’ sputtering economies, preliminary data from the National Statistics Institute showed today. Economy Minister ...

A preliminary estimate from the Central Statistics Office today shows that gross domestic product (GDP) contracted by 1.3% in the fourth quarter of 2024 from the previous three ...

Technology stocks regained some ground today with chipmaker Nvidia up about 2.5% in early trading, a day after it suffered the biggest one-day market capitalisation loss in history, ...

Euro zone banks tightened firms’ access to credit last quarter and expect further tightening in the first three months of 2025, a European Central Bank survey showed today, ...

Revenue’s Collector General says Revenue will work with businesses negatively impacted by storm Éowyn. Joe Howley said Revenue understands that many of those impacted are not in a ...

The share of Irish job postings on hiring platform Indeed offering remote or hybrid work rose to a record high at the end of December 2024. Indeed’s Jobs ...

New research from the Central Bank shows that the total value of fraudulent payments rose by 26% in 2023, increasing to €126m from €100m in 2022. But today’s ...

Widespread adoption of artificial intelligence (AI) in Irish business remains low at just 6%, according to new research. PwC’s GenerativeAI (GenAI) Irish Business Leaders’ survey shows that 67% ...

Technology Ireland, the Ibec group representing the tech sector, has called for the appointment of a Minister of State for Digital Delivery. Based in the Department of an ...

A total of 30,330 homes were built in 2024, a decrease of 6.7% on 2023, according to figures from the Central Statistics Office. The latest figures from the ...

The UK Business Secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner in Davos. Jonathan ...

The Irish property investment market is set to record over €3bn of transactions in 2025, according to commercial property specialists CBRE. Its latest report ‘Outlook 2025’ makes a ...

Property prices rose by 9.4% in the 12-month period to last November, according to the latest figures from the Central Statistics Office. The figures indicate a slight moderation ...

New figures from the Central Statistics Office show that wholesale electricity prices fell by 6.2% in the month to December but were 53.9% higher compared to December 2023. ...

New figures from the Central Statistics Office show that the number of domestic Building Energy Rating (BER) audits in 2024 came to 153,558, an increase of 7% over ...

Employers group Ibec has forecast that the economy will continue to expand in 2025 with employment growing by 2.4%. It said domestic demand would grow by 3% this ...

European Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade tariffs some had feared and a ...

Irish employers have reported the greatest difficulty finding candidates with the right skills in 20 years, according to new research. The annual ManpowerGroup Talent Shortage Survey has recorded ...

There was “cause for hope” in the new White House administration’s approach to tariffs, Minister of State for Trade, Employment and Enterprise Peter Burke has said. Speaking in ...

The Irish Data Protection Commission (DPC) was responsible for enforcing more than half of the €1.2 billion in European data fines in 2024. The latest GDPR Fines and ...

More than 80% of estate agents who are members of the Society of Chartered Surveyors Ireland believe that current property prices are either “expensive” or “very expensive”. The ...

Almost half of Irish business plan to increase investment capital projects this year, new data shows. This is higher than UK firms, with just 37% planning to invest. ...

The latest AA Ireland Fuel Survey shows that petrol prices have risen by two cents to an average of €1.76 a litre in January, while diesel prices have ...

The forthcoming presidency of Donald Trump in the United States looms large over business in Ireland, and is reflected in the current employment market. The latest employment monitor ...

Sailings into and out of Holyhead Port have resumed this morning, after a temporary closure due to damage caused by Storm Darragh in early December. Of the two ...

Inflation in Ireland is beginning to rise again, according to the latest figures from the Central Statistics Office. The increase in the cost of living was 1.4% in ...

Wind and solar farms have saved Irish consumers a total of €840 million since the year 2000, according to new research for Wind Energy Ireland. This is despite ...

The Sustainable Energy Authority of Ireland (SEAI) has said it disbursed a record €616 million in grants and supports for energy upgrades and clean energy projects last year. ...

Land sales worth just over €900m were completed across the country last year, new figures show. This is nearly three times the total spend recorded in 2023, but ...

The incoming government intends to cut the VAT rate to 9% for food-based hospitality, entertainment and hairdressing in the next budget. It is also understood the new programme ...

The US government said it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the US and among ...

There has been a 40% drop in public liability claims between 2019 and 2023, the body which resolves personal injury claims has said. The development follows the introduction ...

New figures show that, as expected, Monday 23 December was the most popular shopping day of 2024, with consumers spending €107m on that one day alone, an increase ...

Irish food and drink makers feel “broadly positive” about current economic conditions, but the mood is slightly less positive than other industries, and likely to turn more negative ...

China’s exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fuelled by factories rushing inventory overseas as they braced ...

Taoiseach Simon Harris has said that plans remain on track for the partial reopening of Holyhead Port next Thursday. Mr Harris spoke by phone with Welsh First Minister ...

875 corporate insolvencies were recorded last year – the highest number since 2016. New figures from Deloitte show that SMEs continue to be the worst affected. The services ...

The share of electricity in Ireland supplied by wind fell during 2024 due to grid constraints, an energy company has said. Wind Energy Ireland said that despite wind ...

New figures from Banking and Payments Federation Ireland (BPFI) show that first-time buyer mortgage approvals hit a record high last November. BPFI said that first-time buyer volumes rose ...

New figures from the Central Statistics Office show that the country’s unemployment rate rose to 4.2% in December, from 4.1% a month earlier. The CSO said that on ...

First-time buyers are taking on more debt in proportion to their incomes than purchasers in the UK for the first time since the Celtic Tiger, according to a ...

The estimated annual salary of a stay-at-home parent has been calculated to be €57,140, according to new research. The analysis was carried out by pension and life insurance ...

Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank. Inflation in the ...

Irish food, drink and horticulture exports were worth €17 billion last year, according to Bord Bia – a record high. The figure represents a 5% increase on 2023, ...

The average price of a second hand home rose by 8.4% last year, almost double the rate of growth witnessed in 2023, the latest residential market review and ...

Corporation tax increased by 18% last year to €28bn, according to the latest Exchequer Returns from the Department of Finance. When €11bn, which has been raised so far ...

The services sector activity expanded slightly slower in December but growth in new business hit its fastest pace since March and optimism for the coming 12 months improved, ...

The euro zone economy ended 2024 in a fragile state, according a survey which showed overall activity contracted for a second month in a row December as a ...

A new survey reveals significantly lower insolvencies than expected in the last quarter of 2024 and for the entire year. PwC’s latest Insolvency Barometer shows there were 852 ...

The National Treasury Management Agency said it plans to issue a new bond via syndication in the first quarter of the year. The NTMA also said it will ...

HR professional body CIPD has said that large parts of the country are facing exceptional weather conditions this week and such a situation requires an exceptional response from ...

There were subdued business conditions across the Irish manufacturing sector, according to the latest AIB Manufacturing Index. December data showed a sustained reduction in new orders which contributed ...

The number of new cars bought in 2024 was 121,195, according to the Society of the Irish Motor Industry. The figure represents a slight decrease of 1% compared ...

The dollar slipped on the last trading day of the year today but was poised to clock strong gains in 2024 against almost all currencies as investors prepared ...

House prices nationally rose by an average of 9% during 2024, according to the latest house price report by Daft.ie. The typical listed price nationwide in the final ...

Consumer prices rose by 1% in the year to December, double the rate of 0.5% recorded in November, a flash estimate of the Harmonised Index of Consumer Prices ...

European stocks recorded their worst quarterly showing in more than two years today, as uncertainty around interest rates and the Trump administration’s policies halted a rally that had ...

The US Federal Reserve has cut interest rates, as expected, but Fed Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering ...

Black Friday sales are an established part of the Irish retail calendar, as demonstrated by a Bank of Ireland report which shows spending by its customers on the ...

Property prices are continuing to increase and are up 9.7% in the 12 months to October, according to the latest figures from the Central Statistics Office. Prices in ...

New figures from the Central Statistics Office show an annual decrease of 10.9% in the total number of dwelling units approved in the third quarter of this year, ...

Holyhead Port is to remain closed until 15 January at the earliest, it has been announced. All ferry services between Dublin and Holyhead are cancelled until this time. ...

A single person would need a pension of €33,600 a year, and a couple would need €43,200 a year, in order to have a “comfortable” retirement. The figures ...

Europe’s labour market softened in the third quarter, data releases showed today, pointing to a further decline in inflation pressures that could justify more interest rate cuts. The ...

New figures from the Central Statistics Office show that exports of goods for the first ten months of the year came to €187 billion, an increase of 13% ...

Ireland is one of 22 EU member states who are failing to comply with EU rules on professional qualifications, according to the European Commission. The Commission has opened ...

Just a tiny fraction of the €3.26 billion in fines levied by the Data Protection Commission (DPC) over the past five years has been collected. The DPC said ...

Fuel prices increased again this month, the latest AA Ireland Fuel Survey reveals. Petrol prices rose by a cent to an average of €1.74 per litre, while diesel ...

Over 1,000 jobs have been saved through the Small Company Administrative Rescue Process (SCARP) since it was launched three years ago, new figures show. The scheme aims to ...

An Post expects to receive around 350,000 parcels from the UK over the next 24 hours after Holyhead Port’s closure caused a backlog. It said it has the ...

The European Central Bank cut interest rates for the fourth time this year today, by quarter of a percentage point, and kept the door open to more as ...

New figures from the Central Statistics Office show that consumer prices rose by 1% in November compared to the same time last year. This marked an increase from ...

Demand for green talent in Ireland grew by over 22.1% last year, well above the global average of 11.6%, according to research. The latest Labour Market Pulse published ...

Irish property prices are overvalued by 8% to 10%, according to the Economic and Social Research Institute (ESRI) in its latest Quarterly Economic Commentary. The organisation analysed the ...

Interest rates are expected to be cut by 0.25% by the European Central Bank today. If a reduction is announced it would immediately benefit tracker mortgage customers. The ...

Energy-related greenhouse gas emissions from transport, electricity, and heat fell 8.3% last year, according the latest report from the SEAI. They are now at their lowest level for ...

New figures from the Central Statistics Office show a 25% decrease in the number of electric cars licensed for the first time during the first 11 months of ...

Bank of Ireland said it was seeing an increase in spending on its customers’ debit and credit cards as the countdown to Christmas is in full swing. The ...

Power generated from wind farms met 32% of the country’s electricity demand over the first 11 months of 2024, new figures from Wind Energy Ireland shows. Wind Energy ...

Almost three quarters of Irish employers plan to recruit for permanent roles in 2025, according to new research, an 11% decline compared to 2024. The report, which was ...

Confidence in the manufacturing sector remains steady, with 70% of firms expressing a positive outlook at both national and enterprise level. That’s according to this year’s Manufacturing in ...

Generative artificial intelligence (Gen AI) could add up to €148 billion to Ireland’s annual GDP by 2038, according to a new report from Accenture. The research found that ...

New research from hiring platform IrishJobs shows that workers in the construction industry were among the most in-demand professions in 2024. It comes as the sector continues to ...

Consumers in Ireland expect to spend around 14% more on average this year on Christmas than they did in 2023. New research from the Competition and Consumer Protection ...

The domestic economy expanded by 3.1% in the first nine months of this year, according to the latest figures from the Central Statistics Office. The figures show personal ...

Almost 70% of Irish employees are expecting an end-of-year bonus, new research shows. The study carried out by Workhuman shows that around half of employees are also expecting ...

Figures from the Residential Tenancies Board have shown an increase in the number of landlords across all categories. The figures show that between the end of September 2023 ...

The Central Bank has warned that Ireland’s exposure to global uncertainty and rising political and international trade tensions, raise the prospect of lower trade and economic growth. The ...

Optimism within the Irish SME sector is at its highest level for over a year, according to the latest SME Confidence Index from non-bank lender Linked Finance. Linked ...

The State could face a cost of €20 billion if it fails to achieve reductions in carbon emissions in 2030, according to an assessment by the watchdog which ...

Activity in the services sector increased last month as inflationary pressures eased, new data shows. The latest AIB Purchasing Managers’ Index shows that activity expanded at its fastest ...

It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker ...

Passenger numbers at Dublin Airport in November were 3% higher than the same month last year, with numbers at Cork Airport up 5%. Airport operator daa said that ...

Dublin has been ranked in 43rd place in an annual assessment of the quality of living standards of cities globally. This was down one place on last year’s ...

The number of new mortgages approved in October was up 8.6% on the previous month. In total 4,829 new mortgages got the green light, up 13% compared to ...

It will be possible to hold virtual or hybrid AGMs and other general meetings of companies and societies as a result of the signing of an order commencing ...

The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial ...

Euro zone inflation accelerated in November and its most closely watched components remained high, data showed today, adding to the case for a more cautious European Central Bank ...

The country’s manufacturing sector saw a slight downturn in November, with a survey today showing a contraction in activity as new orders weakened. The latest AIB Ireland Manufacturing ...

A new research group designed to advance accountability in artificial intelligence (AI) has been launched at Trinity College Dublin. The AI Accountability Lab will examine the broader impacts ...

Consumer prices rose by 0.5% in the year to November compared to 0.1% in October – the highest level in three months – a flash estimate of the ...

New Central Statistics Office figures published today show that retail sales fell by 0.1% on a monthly basis in October to stand 0.9% higher than a year earlier. ...

The National Treasury Management Agency said today it plans to issue €6 billion to €10 billion of bonds over the course of 2025 – the same range it ...

Slowing fuel demand growth in top consumers China and the US has weighed heavily on oil prices this year, although supply cuts from OPEC+, which groups the Organization ...

Cost competitiveness is the the top issue for American companies looking to expand in Ireland, new data shows. The latest survey of American Chamber members shows that 32% ...

US Federal Reserve officials expect inflation to keep cooling, signaling a gradual approach to interest rate cuts if price increases ease further and the job market remains strong, ...

Irish consumer sentiment was “steady but subdued” in November. The latest Credit Union Consumer Sentiment Index, in partnership with Core Research, shows an index reading of 74.1 for ...

There has been a rise in the use of cash-in-hand payments for staff in the hotel and catering sector, according to new research. Excel Recruitment’s 2025 Salary Guide ...

More than eight out of ever ten Irish investors believe investment in energy transition assets is increasing rapidly, according to new research from KPMG. That compares to 72% ...

Irish workers are among the strictest in the world when it comes to ethically questionable practices like nepotism and fake sick days, according to a new survey. The ...

Figures from AIB show that Black Friday 2023 broke all records for online spend and indications are that this year will be no different as shoppers hunt for ...

Irish consumers plan to spend €329 each over the period of the upcoming Black Friday and Cyber Monday weekend. That is higher than the planned spending by all ...

The cost of doing business is the top election issue exercising the minds of senior business leaders, new research by Ibec has found. 25% said it was the ...

The total value of mortgages lent by credit unions affiliated to the Irish League of Credit Unions (ILCU) has risen 51% in the past year. Publishing its annual ...

Most consumers do not trust Black Friday deals, new research shows. The report published by the Competition and Consumer Protection Commission (CCPC) reveals that just 30% of consumers ...

Work started on 4,249 homes last month which represents an increase of 62% on October 2023, according to official figures from the Department of Housing. Dermot O’Leary, chief ...

High costs and a lack of skilled workers are impacting the growth plans of many companies, new research shows. The latest All-Island Business Monitor by InterTradeIreland, which compiles ...

Total tax revenue last year was 50% higher than it was in 2020, new data from the Central Statistics Office shows. €116 billion in taxes and social contributions ...

The rate of employment in the country has increased once again, hitting a new record high, according to the latest Central Statistics Office figures. The Labour Force Survey ...

Property prices are continuing to accelerate and are up 10% in the 12 months to September, according to the latest figures from the Central Statistics Office. The latest ...

New research from the Central Statistics Office show that the proportion of people who rate their overall life satisfaction as “high” has increased from 24.4% in 2022 to ...

The Health Insurance Authority is urging consumers to review their policy and shop around to ensure they are not overpaying while securing the right coverage for their needs ...

The national average cost of rebuilding a home has risen by 6.2% in the last year. That is lower than the 12% increase recorded last year and the ...

The Governor of the Central Bank has said it would be going a bit far to say an ECB interest rate cut next month is in the bag. ...

Consumers spent a total of €1.16 billion in grocery stores in the four weeks to 3 November, making it the biggest sales month of the year so far. ...

A group of trade unions will today launch its General Election pledge calling on the next government to respect workers’ rights. The ‘Respect at Work’ campaign is backed ...

The latest AA Ireland Fuel Survey reveals a slight increase in petrol and diesel prices for November after three months of fuel price decreases in a row. AA ...

Wind generation in Ireland was the third highest on record for the month of October, according to new figures from Wind Energy Ireland. The latest figures show that ...

Skills shortages – and the cost of recruiting skilled labour – is the most common concern among tradespeople, according to a new survey. It was cited by 29% ...

Dublin has dropped from 13th to 17th position out of 30 European cities ranked for investment and development potential for 2025. London, Madrid and Paris took the top ...

The Irish construction industry is running at around three quarters of its capacity on average at present, despite the strong demand for new housing and infrastructure. That’s according ...

The Government has said it expects to meet a deadline today to transpose an EU directive on workers’ rights. Unions however have accused the State of not fully ...

The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as US president spurred bets that friendlier US regulation could usher ...

The slow pace at which onshore wind energy infrastructure is being built in the Republic and Northern Ireland could result in the renewable energy targets set for 2030 ...

Most Irish CEOs are optimistic about the economic and business outlook over the next 12 months, new data shows. The latest EY CEO Outlook surveyed 1,200 executives globally ...

Motorists will have to provide their driver number to their insurer when taking out a policy from next year. The new measure, which comes into effect on March ...

Advertised rents for homes across the country rose by a further 1.7% between July and September, according to new data from the property listings website Daft.ie. It was ...

The value of the food bought outside the home across the island rose 5.2% over the last year, new data from Bord Bia shows. It brought the total ...

More European Central Bank interest rate cuts are coming and the deposit rate could hit the so-called neutral level in the first half of next year, Finnish central ...

The Irish Hotels Federation has called on all political parties and candidates in the General Election to commit to policy measures aimed at staving off the commercial crisis ...

The cost of living continues to be felt among consumers with 72% saying they expect Christmas shopping to be significantly more expensive this year, while 36% expect to ...

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for October rose by 0.4% to 169,000 people – an increase of 700 ...

Total activity in the construction sector fell in October, despite strong growth in housing. The BNP Paribas Real Estate Ireland Construction Total Activity Index rose slightly from 49 ...

China’s consumer inflation rate slowed in October, official data showed over the weekend, in a sign that demand remains sluggish in the world’s second biggest economy. The slowdown ...

The rate of inflation rose by 0.7% in the 12 months to October 2024, according to the latest Central Statistics Office figures. There was a significant fall in ...

EU leaders are meeting for a second day in Budapest to discuss the European economy and its competitiveness, as the continent continues to take stock of Donald Trump’s ...

Vulnerable adults are being urged to keep control of their own money as much as possible, including those with decision-making and capacity challenges. Almost a third of adults ...

The unemployment rate rose slightly to 4.2% in October from a near-record low of 4.1% a month earlier, new figures from the Central Statistics Office showed today. The ...

The Electricity Association of Ireland has published a report outlining a policy and investment pathway for the decarbonisation of the sector, which it says will play a critical ...

The dollar soared today and was set for its biggest one-day rise since March 2020 after Republican Donald Trump won the US presidential election, while the euro, Chinese ...

There was a sustained uptick in activity in the services sector last month, the latest AIB Ireland Services Purchasing Managers Index shows. However, growth momentum eased from September’s ...

The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The ...

Strong demand for car loans propelled the value of personal loan drawdowns to the highest level recorded during the second quarter of the year. In total 60,674 loans ...

OPEC+ has agreed to delay a planned December oil output increase by one month, the group said, as weak demand notably from China and rising supply outside the ...

The Government has been told that National Broadband Ireland should seek to ramp up its capacity to meet the demand for new connections in anticipation of continued strong ...

New figures from the Society of the Irish Motor Industry (SIMI) show that new car registrations for October rose by 9.7% to 2,423 when compared to the figure ...

New figures from the Central Statistics Office show that wholesale electricity prices increased by 12.2% in September compared to August, and were 1% higher compared to September of ...

Euro zone inflation accelerated more than expected in October and could still pick up further in the coming months, bolstering the case for caution in European Central Bank ...

International visitors are spending less time in Ireland, but more money. New figures from the Irish Tourism Industry Confederation (ITIC) show that the length of overnight stays between ...

The Government is establishing a pilot scheme for reimbursing apartment owners who fix Celtic Tiger era defective properties at their own expense. Two years ago the total cost ...

Ireland’s infrastructure is lagging 25% behind that of high-income European economies, according to the Irish Fiscal Advisory Council. In a new report the spending watchdog said housing, health, ...

Almost three quarters of Irish businesses have reported an increase in cyberattacks in the past year, according to new research. The Hiscox Cyber Readiness Report shows that Irish ...

Euro zone inflation is “well on track” to hit the European Central Bank’s 2% target next year, ECB President Christine Lagarde said today, repeating the bank’s most recent ...

There was a “small bounce” in consumer sentiment in October, but little sense that consumers think Budget 2025 will dramatically improve the outlook for their household finances. That ...

Strong demand from first-time buyers (FTB) and switching activity drove an increase in both the volume and value of mortgage drawdowns in the third quarter. A total of ...

More moderate growth is expected in the coming years as the economy and labour market reach full capacity, according to AIB’s Economic Outlook. It forecasts modified domestic demand ...

A total of 635 million plastic bottles and aluminum cans have been returned to the Deposit Return Scheme so far. That is according to new data from the ...

The average premium paid by consumers for motor insurance in Ireland last year rose 2% to €568, the first increase in five years. It comes as the cost ...

Consumers are being warned of a new ‘direct debit’ scam which is falsely leading people to believe their bank account has been hacked. FraudSMART, the fraud awareness initiative ...

Just 10% of human resources professionals say that their organisation has a 100% level of compliance with on-site or hybrid attendance policies, new research has established. But the ...

European Central Bank policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic restriction, conversations this ...

The State is transferring the first in a series of annual payments into a fund set up to invest windfall gains from taxing multinationals. Four billion euro is ...

Progress on cutting Ireland’s greenhouse gas emissions continued during the first three months of the year with an overall reduction of 2.2% in emissions compared with the same ...

A new survey from the Strategic Banking Corporation of Ireland reveals that access to skilled staff, high energy and transport costs as well as access to finance are ...

Petrol and diesel prices have decreased for the third month in a row, the latest AA Ireland fuel survey shows. Petrol dropped by two cents to €1.72 per ...

Euro zone firms have recorded a further slowdown in business momentum but overall economic growth is likely to remain positive as expansion in services offsets a manufacturing recession, ...

Media regulator Coimisiún na Meán will formally launch Ireland’s Online Safety Code following the conclusion of an assessment by the European Commission. The rules will apply to video-sharing ...

The European Central Bank has cut interest rates for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for ...

Euro zone inflation slowed more than previously estimated in September, according to revised official data released today, hours before the European Central Bank cut interest rates again. Year-on-year ...

The value of venture capital deals in Ireland dropped 59% between July and September, compared to the same period last year. Data compiled by KPMG Venture Pulse shows ...

The European Central Bank (ECB) is widely expected to cut interest rates today. If a reduction happens it would automatically benefit tracker mortgage customers and put downwards pressure ...

The Approved Housing Body sector has seen huge growth over the past ten years, the CEO of the Irish Council for Social Housing has said. Donal McManus said ...

Economists expect inflation rates to stay above the European Central Bank’s 2% target in the medium term, according to a survey published by Germany’s Ifo institute today, a ...

The Government has submitted a five year economic plan to the EU setting out its spending projections as part of a process of much greater oversight of Ireland’s ...

Minister for Public Expenditure Paschal Donohoe has announced additional spending of €1bn above the figures published on Budget Day. The extra expenditure contained in the supplementary estimates relates ...

Demand for bank loans across the 20-nation euro zone rose in the third quarter and a further increase is expected in the final three months of the year, ...

The Minister for Finance will seek Cabinet approval for a strategy that will make it a requirement for all Government departments and State bodies to accept cash or ...

Ireland’s pension system ranking has dropped to 18th place when compared with global peers, a new report shows. The Mercer CFA Institute Global Pension Index compares 48 retirement ...

The average interest rate on new Irish mortgages remained unchanged for the third month running in August at 4.11%, new figures from the Central Bank shows today. The ...

Construction activity contracted slightly in September, the fourth time it has decreased in the last five months. The BNP Paribas Real Estate (BNPPRE) Ireland Construction Total Activity Index ...

Ireland is to miss a deadline to transpose a new European Union cybersecurity directive into Irish law. The Network and Information Security Directive, or NIS2, is supposed to ...

Smartphones and watches are becoming the preferred payment method for many, new data shows. The latest figures from Banking and Payments Federation Ireland (BPFI) show that half of ...

European Central Bank policymakers appeared content with the drop in inflation when they met last month but argued for a gradual policy easing given stubborn price pressures, the ...

A drop in energy prices has resulted in a significant fall in inflation which declined from 1.7% in the 12 months to August to 0.7% in September – ...

The public is being encouraged to dig out unwanted electronics and cables which could contain valuable metals. Ahead of International E-Waste Day next Monday, WEEE Ireland, the country’s ...

More than three in five business leaders believe Budget 2025 will help them achieve their strategic priorities amid pressing business challenges, a new survey from the Irish Management ...

There are growing risks to the EU budget due to a record amount of debt, Russia’s war against Ukraine and high inflation, according to the annual report of ...

The Government’s extensive legislation to overhaul the planning system is due to go before TDs tonight for a final vote. The proposed law will see An Bord Pleanála ...

The Governor of the Central Bank has the Government’s decision to increase spending above 5% over an extended period will aggravate price inflation and wage pressures. Gabriel Makhlouf ...

Several European Central Bank policymakers argued their case today for another interest rate cut next week, even if some of their colleagues remained unconvinced as turmoil in the ...

The European Central Bank (ECB) will cut its deposit rate by 25 basis points on October 17 and again in December, according to more than 90% of economists ...

The European Union has removed Antigua and Barbuda from its tax haven blacklist, an instrument that has been slammed as ineffective in the past by anti-poverty groups. The ...

Almost all business leaders are experiencing difficulties with hiring, retention, or both, new research has found. The study also revealed that the top hiring challenges encountered by enterprises ...

The European Central Bank will probably cut interest rates on October 17 as economic growth is weak and this raises the risk that inflation will undershoot its 2% ...

Asking prices for homes have risen 7.5% over the last year, new data from listings website MyHome.ie shows. That is the highest rate of increase in two years, ...

Oil prices fell today, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid softer demand countered the worries over a ...

The President of Dublin Chamber will call for half of all new homes built every year to be constructed in the Greater Dublin Area at the organisation’s annual ...

Tax take between January and the end of September was up 11% on the same time last year, driven by corporation tax, income tax, VAT and excise duty. ...

New figures from the Central Statistics Office show that the unemployment rate stood at 4.3% in September, down from a revised rate of 4.5% the same month last ...

Activity in the service sector increased at the strongest rate in six months in September as cost pressures eased, new data shows. The latest AIB Global S&P Purchasing ...

A landmark report commissioned by the Western Development Commission (WCD) has found critical challenges facing the western and north western region in the areas of infrastructure, housing and ...

The amount that can a person can receive as a gift or inheritance from a relation before having to pay Capital Acquisitions Tax will be increased as part ...

The Dáil has voted through elements of Budget 2025. These include excise on tobacco products and changes to value added tax, capital acquisitions tax and stamp duty. Each ...

For the latest information from the 2025 Budget Announcement, please visit RTE: https://www.rte.ie/news/2024/1001/1472893-budget-2025-politics/

The extension of the free schoolbook scheme to the senior cycle is among the measures set to be announced in tomorrow’s Budget, following Government discussions last night. Funding ...

The Government’s new auto-enrolment pension scheme will begin on 30 September 2025. The new start date was agreed by the Cabinet this week, and revealed by the Minister ...

Asking prices for homes across the country rose 3.1% between July and September, according to listings website Daft.ie. It brought the typical listed price for a property here ...

Almost two-thirds of Irish adults have experienced phishing, making Ireland the most phished country in the world, according to new research. Phishing involves the sending of fraudulent emails ...

The number of mortgages approved in August fell by 12.5% when compared to July. New figures from the Banking and Payments Federation Ireland (BPFI) show 4,650 mortgages received ...

Consumer sentiment remained broadly unchanged in September when compared to the previous month. The Credit Union Consumer Sentiment Index found that while recent months saw an obvious improvement ...

More than a quarter of households remain concerned about inflation, new research has found. That is despite the annual rate of inflation falling back to 1.7%, down more ...

Older people and people with a disability are set to be eligible for increased housing grants under measures to be signed off by the Cabinet. A review of ...

The Economic and Social Research Institute (ESRI) has said it is “crucially important” the implementation of the Government’s residential zoned land tax proceeds “immediately”. The levy is due ...

Two-thirds of organisations plan to increase salaries in 2025 which is down from the 86% that did so in 2024, according to a new survey. The latest HR ...

Activity in the tourism industry still remains 6% below its pre-Covid levels, two years on from the start of the easing of the pandemic. That is according to ...

The domestic economy looks set to grow by around 2.3% this year, a new forecast has predicted. The latest Economic Eye from EY also expects that modified domestic ...

The Construction Industry Federation is holding its annual conference in Croke Park in Dublin today, which will focus on addressing population growth. The CIF is calling for a ...

The regulatory environment and availability of the necessary talent are among the biggest factors influencing future growth of the funds and asset management industry here, a new study ...

Euro zone business activity contracted sharply and unexpectedly this month as the bloc’s dominant services industry flatlined while a downturn in manufacturing accelerated, a survey showed today. The ...

The first payments of the Government’s fuel allowance will be made this week. The means-tested payment will be paid for 28 weeks to over 400,000 households across the ...

Nearly one third of all jobs are poised to be fundamentally transformed by generative artificial intelligence (GenAI), according to a new study. The research by management consulting firm ...

Bank of Ireland said new analysis shows that competition for homes intensified during the summer with almost 40% of transactions now being settled at a minimum 10% premium ...

New research shows that 84% of businesses are planning to increase pay in 2025, with respondents forecasting an average increase of 3.4% across all business sectors. Business group ...

90% of Irish CEOs believe there will be a return to pre-pandemic ways of working in the office within the next three years, according to new research. KPMG’s ...

21% of adults here do not have any financial arrangements in place for retirement, a new survey has found. That is up four percentage points on last year, ...

The euro zone’s current account surplus shrunk in July on a lower trade surplus and a drop in primary income, which includes the flow of profits, wages, interest ...

New figures from the Central Statistics Office show that residential property prices grew by 9.6% in the year to July – their highest growth rate in 21 months. ...

The US Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy with ...

A bill that seeks to abolish age-based sub-minimum pay rates for younger workers will be discussed today by the Oireachtas Committee on Enterprise, Trade and Employment. Current legislation ...

Dealing with the pent-up demand for housing and continued growth in the population will require building 52,000 homes a year over 25 years, the Central Bank has forecast. ...

The Tánaiste has said the energy credit which will be announced in the budget will be paid to households before the end of the year. With Budget 2025 ...

The European Central Bank should keep cutting interest rates gradually, its chief economist said today, after policymakers reduced borrowing costs last week for the second time this year. ...

The national commercial vacancy rate hit a new high of 14.4% in June, new data shows. 30,246 commercial units were classified as vacant across the country, according to ...

New figures from Kantar today show that take-home grocery sales increased by 5.4% in the four weeks to September 1 as Irish households prepared for the new school ...

A multi-million euro investment package has been announced to boost tourism and develop new visitor attractions on two islands. Fáilte Ireland and Údarás na Gaeltachta will work in ...

Ahead of Budget 2025 in October, here are eight changes to look out for: 1. Inheritance tax At present if somebody inherits from a parent, they pay 33% ...

A developer has told a conference there should be an exemption from the Government’s planned zone land tax for companies that are working on developing sites. The Cabinet ...

New figures from the Central Statistics Office show that the annual rate of inflation eased to 1.7% in August from an annual rate of 2.2% in July. The ...

Consumer sentiment has rebounded markedly, new research has found. According to the latest PTSB Reflecting Ireland report, respondents are now more positive than they were at any time ...

The European Central Bank cut interest rates again as euro zone inflation slows and economic growth falters, but provided no substantial clues to its next step, even as ...

The European Central Bank is widely expected to cut interest rates by 0.25% later today. The development follows a significant drop in inflation across countries which use the ...

Ireland’s tech sector expects a resurgence in hiring confidence following consecutive quarters of stagnant recruitment, according to the latest Manpower Group Employment Outlook Survey. The study shows that ...

US consumer inflation eased more than expected last month, according to government data published today, likely bolstering calls for the Federal Reserve to cut interest rates next week. ...

New research from Fáilte Ireland has found the crucial summer tourism season was a disappointing one for more than half of operators here. 53% of those industry providers ...

Taoiseach Simon Harris has said that the €14 billion in tax due to Ireland following the ruling against Apple cannot be used for day-to-day spending, adding that the ...

Britain’s economy stagnated for a second month in a row in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir ...

The State has completed the fourth auction under the Renewable Energy Support Scheme (RESS 4). The process saw more than 2GWh of capacity provisionally procured, enough to power ...

A review of the stamp duty rate on the purchase of ten or more homes is not advocating for a hike in the 10% rate. RTÉ News has ...

Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates ...

Wind Energy Ireland said that wind generation here hit the highest on record for the month of August. Its figures show that wind power generation in August totalled ...

Construction activity was flat for the second month in a row in August, according to the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland. The construction ...

Irish employers are least likely to use artificial intelligence (AI) in the workplace, according to new global research. The survey of 79,000 businesses across Australia, Canada, Ireland, New ...

77% of companies expect to grow their business in the next five years by developing new products and services, research from Deloitte shows. The survey of 128 businesses ...

The domestic economy grew by almost 2% in the first six months of this year, according to latest figures from the Central Statistics Office. Today’s CSO figures show ...

Fixed broadband subscriber lines increased to 1.67 milllion between April and June, up over 3% on the same time last year. The latest data from the Commission for ...

New figures from the Department of Finance show that the amount of tax collected by the State in the first eight months of this year rose by 12.6% ...

The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the ...

One in three companies are struggling to find staff with the right skills, new research shows. InterTradeIreland’s latest All-Island Business Monitor reveals that the business landscape across the ...

Climate pollution from Ireland’s electricity sector is now at its lowest level for decades, according to new figures from the Sustainable Energy Authority of Ireland. The data shows ...

Dublin Airport looks set to breach its cap of 32 million passengers this year, its operator daa has warned. In a statement this morning. the company said that ...

The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the ...

A new Government commissioned report has called for the establishment of a forum of senior representatives from departments and bodies to focus on further reducing mortgage arrears. The ...

Complacency about future business growth is a key risk facing the country ahead of the next general election. That’s the view of employers’ representative organisation, Ibec, which launched ...

Climate pollution from Ireland’s electricity sector is now at its lowest level for decades, according to new figures from the Sustainable Energy Authority of Ireland. The data shows ...

The Central Statistics Office said today that its Census Pilot Survey will take place in 44 locations across the country during September. Census 2027 will be the first ...

Just over 15,000 new electric vehicles have been sold so far this year, down over 25% on the same period last year. The latest figures from the Society ...

Chartered Accountants Ireland and CPA Ireland have started to operate as one institute under the Chartered Accountants Ireland brand. Members of the two Irish-based accountancy bodies first voted ...

The wholesale cost of electricity rose 3% in the month to July, new data from the Central Statistics Office shows. It meant that prices were 15.3% higher than ...

Four out of every ten new homes sold last year across the country changed hands as part of a transaction where multiple units were sold together, new research ...

Inflation in Ireland is continuing to ease, according to the latest figures from the Central Statistics Office. The EU Harmonised Index of Consumer Prices (HIPC) is estimated to ...

The Wage Subsidy Scheme, which offers private sector employers a subsidy to provide employment to people with disabilities, is to be expanded. A number of changes to the ...

Consumer confidence dropped slightly in August, according to the latest Credit Union consumer sentiment index. Concerns about household finances in the months ahead and a renewed nervousness about ...

Changes to employment permits, designed to make the system more flexible, will come into force from Monday 2 September. Regulations giving effect to the Employment Permits Act were ...

Just over 5,300 mortgages were approved in July, the latest figures from Banking and Payments Federation Ireland show. First time buyers continue to drive the bulk of the ...

Household electricity bills could be set to rise by up to €8.42 a month over the coming year. The increase is the result of the energy regulator setting ...

Preliminary figures from the Central Statistics Office show that average weekly earnings for the second quarter of 2024 reached €963.17, an increase of 5.6% or €51.43 compared with ...

More than four out of ten people did not make full use of their full holiday entitlements last year, according to new research on annual leave. The survey ...

Growing signs of lacklustre growth and risks emerging to the job market overshadowed a gathering of global policymakers at the US Federal Reserve’s annual Jackson Hole conference, highlighting ...

Thousands of mortgage holders who have their loans with non-bank lenders could be set to be see their mortgage rates leap by as much as 3.5 percentage points ...

The employment rate in Ireland has increased almost 3% to over 74%, while female participation is at a record high. New figures from the Central Statistics Office show ...

Almost a third of businesses in Ireland have money put aside to pay for ransoms arising from ransomware attacks, a new survey has found. Half of the firms ...

The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged, ECB policymaker ...

Euro zone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central ...

Parents of young adults attending third-level expect it will cost them €9,511 this year, when in reality if the student is living in rented accommodation they will need ...

Rising global trade tensions and direct competition for Foreign Direct Investment from large economies is already challenging Ireland’s growth potential. This is according to business group, Ibec, which ...

Microbusinesses with three or less employees are under severe pressure, particularly when it comes to profitability, a new survey has found. Three out of every 10 are not ...

Demand for gas increased by almost 6% in July when compared to the previous month, new data shows. The report from Gas Networks Ireland shows that demand was ...

The planning application by Dublin airport operator, daa, to raise the current 32 million passenger a year cap at Dublin airport to 40 million passengers has been hit ...

Grocery price inflation has picked up for the second month in a row, according to the latest figures from Kantar. Prices were 2.8% higher in the 12 weeks ...

Mortgage lending at credit unions increased by 10% to €518 million in the three months to the end of June. That’s according to the latest quarterly results from ...

The European Central Bank may need to cut interest rates again in September given persistent economic weakness, Finnish central bank chief Olli Rehn has said. The ECB was ...

Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless ...

The sector that recorded the largest decrease in employment in June was accommodation and food services, new data from the Central Statistics Office (CSO) shows. Amid claims from ...

The proportion of the price of diesel accounted for by tax will hit 54% following an expected increase in the carbon tax in October’s budget. This will put ...

Oil prices were set for a second straight week of gains despite edging lower today, as recent US economic data boosted optimism over demand from the world’s top ...

The small and medium sized business organisation ISME has said there would be no justification for a further increase in the national minimum wage of €1 in the ...

The growth in the Irish population between 2015 and 2023 exceeded the delivery of new homes by a ratio of nearly four to one, new research by property ...

€250m has been allocated to a new round of the Government’s Seed and Venture Capital Scheme. The fund will run for four years from 2025 and will be ...

Oil prices rose today, supported by optimism that potential US interest rate cuts will boost economic activity and fuel consumption though concerns over slower global demand curbed gains. ...

Residential property prices rose by 8.6% nationally in the year to the end of June, new data from the Central Statistics Office shows. It is the highest rate ...

New electric car sales dropped 24% between January and July when compared to the same period last year, new data shows. The figures from the Central Statistics Office ...

Estate agents expect property prices nationally to increase by an average of 4.5% over the next 12 months. That is up from an expectation of growth in prices ...

Oil prices dipped today after five straight sessions of gains as OPEC’s move to cut its forecast for demand growth in 2024 tempered fears of supply risks posed ...

The National Asset Management Agency paid out around €1.5 million last year in redundancy and garden leave payments as it continued to wind down its operations. The State’s ...

Oil prices edged lower today, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth ...

Spending in July jumped 7% on the previous month and 4% on the same time last year, new data from AIB shows. Spend in hotels was up 7% ...

Last month was the third best July on record for wind generation in Ireland, a new report shows. The data from Wind Energy Ireland shows that power generation ...

Oil prices rose for a fifth consecutive session today, extending gains from last week’s more than 3% rise, as US. recession fears eased while geopolitical tensions in the ...

There are renewed signs of momentum in the construction sector, the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland indicates. Although activity in the sector registered ...

Strong demand for cars helped drive volumes in the personal loans market during the first three months of the year. New data released by the Banking and Payments ...

One third of companies surveyed in the latest Construction Industry Federation’s Construction Outlook Survey reported an annual increase in turnover during the second quarter of 2024. 30% of ...

The Minister for Public Expenditure and Reform has said the higher VAT rate for hospitality will remain, despite claims by the Restaurants Association of Ireland that hundreds of ...

A total of 43 properties within the discretionary rate of the Housing Assistance Payment were available to rent in June this year, according to the latest quarterly Simon ...

The number of private registered landlords renting homes to tenants in Ireland rose by almost 7% to 103,035 between the middle of last year and March of this ...

The annual rate of inflation came in at 2.2% in July, new figures from the Central Statistics Office show today, unchanged from a month earlier. The CSO said ...

The amount of tax collected by the State during the first seven months of the year was up 9.5% on the same period last year, driven by income ...

The amount of tax collected by the State between January and the end of July was up 9.5% on the same period last year, driven by income tax, ...

A total of 31,384 new residential addresses were recorded over the year to June. GeoDirectory, which records the data, said this represents a 17.1% increase on the same ...

Tokyo’s key Nikkei index closed more than 10% higher today, bouncing back from a record selloff the previous day on worries over the US economy and a stronger ...

Service sector growth moderated slightly for the second successive month in July, but a pick up in new business, the year-ahead outlook and jobs growth pointed to positive ...

Global equities suffered heavy losses today as Wall Street joined a global stock rout that started in Japan while the dollar tumbled against the yen and US Treasury ...

From today, Parent’s Leave and Parent’s Benefit will be extended from seven weeks to nine weeks. The measures were announced as part of Budget 2024. Parents will be ...

The Federal Reserve held interest rates steady this evening but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues ...

Activity in the manufacturing sector improved slightly in July, according to new data. The latest AIB Manufacturing PMI shows that the marginal improvement in the sector was driven ...

Children’s charity Barnardos has called on the Government to introduce a suite of measures to assist parents with back-to-school costs. They include a voluntary contribution code of practice, ...

Almost €400m in new lending for the construction of new homes was approved by the State’s building finance body in the first half of 2024. That will go ...

A plan to transform the rail system on the island of Ireland through electrification, additional track capacity, increased speeds and more frequent services is to be published. The ...

The latest “flash” estimate of inflation from the Central Statistics Office shows that the annual rate came in at 1.5% in the year to July, unchanged from a ...

There was a 14.4% increase in professional job openings in the second quarter of the year compared to the previous quarter, according to new data. The latest Quarterly ...

There has been an increase in the number of workers in Ireland who cannot afford a week’s holiday away from home, either in their own country or abroad, ...

The economy as measured by Gross Domestic Product (GDP) grew by 1.2% between April and June when compared to the previous three months. That is according to an ...

Nearly 80% of foreign direct investment decision-makers are planning to establish or expand operations in Ireland over the next year. That is according to the latest EY Attractiveness ...

The number of mortgage drawdowns by first time buyers reached the highest level since 2007 between April and June, new data shows. The latest figures from Banking and ...

The consumer mood has risen to its highest level in two and a half years, according to the latest Credit Union consumer sentiment index. Easing cost-of-living concerns and ...

Commercial construction inflation was 1.5% in the first half of the year, the same rate as the six months before that. It means that the annual median national ...

New figures from the Central Statistics Office show that Irish ports handled 12.1 million tonnes of goods in the first quarter of this year, an increase of 2% ...

Pressure was coming to bear on the banks this time last year to offer better returns to depositors against the backdrop of rising interest rates. They did respond ...

Ireland’s competitiveness watchdog has warned that the Government needs to do more to address significant longstanding challenges to securing the country’s ability to remain competitive into the medium ...

New figures from the Central Statistics Office show that non-household entities bought a total of 12,201 homes at market prices last year, a decrease of 9.8% on the ...

Growth in euro zone business activity stalled this month as a tepid expansion in the bloc’s dominant services industry failed to offset a deeper downturn among manufacturers, a ...

Indexing the entire personal tax system to ensure workers’ rising wages are not eroded by an additional tax burden could cost the exchequer over €1 billion a year. ...

The Department of Finance believes reinstating the 9% VAT rate for tourism and hospitality businesses remains “unjustified”. In a report on VAT, the department’s Tax Strategy Group said ...

Grocery inflation in the 12 weeks to July 7 saw a marginal gain after falling for 15 months in a row, new figures from Kantar show today. Grocery ...

Revenue has told accountants and self-assessed taxpayers that it has fixed problems with its online tax return form that were creating difficulties for those filing, but that it ...

European Central Bank vice-president Luis de Guindos hinted at a possible interest rate cut in September, singling out the ECB’s new projections as the “most important” factor in ...

The number of job vacancies remained unchanged in the second quarter of 2024, the first time in two years there was no quarterly decline in vacancies. Hiring platform ...

Market expectations for the path of future interest rate cuts by the European Central Bank are “rather reasonable,” ECB policymaker Francois Villeroy de Galhau said in an interview ...

The Ireland Strategic Investment Fund (ISIF), part of the National Treasury Management Agency (NTMA) has announced the completion of four investment commitments totalling €229m aimed at accelerating the ...

The domestic tourism market grew strongly in 2023 with over 14.3 million trips taken by Irish holidaymakers which generated €3.1 billion for the economy. New figures from Fáilte ...

Airports and airlines across Europe are experiencing technical issues as media companies, banks and telecom firms around the world also reported that system outages were disrupting their operations. ...

The European Central Bank kept interest rates unchanged as expected today, with its president Christine Lagarde saying a move in September was “wide open”. The ECB cut rates ...

The Governing Council of the European Central Bank (ECB) is expected to leave interest rates unchanged when it meets later today. The likely pause follows the decision to ...

The annual rate of increase in the price of homes around the country picked up further in pace in May, new data from the Central Statistics Office shows. ...

New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and Spain, ...

The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports ...

Just 15% of businesses here say they are fully compliant with the European Union’s General Data Protection Regulation (GDPR) rules. A survey by Ipsos B&A, conducted on behalf ...

There has been a strong rebound in Dublin office lettings, but a surge in supply in driving vacancy rates higher. New data from BNP Paribas Real Estate Ireland ...

The Government is to establish a new regulator to oversee the construction of buildings. The Buildings Standards Regulatory Authority will have powers of inspection, enforcement and will have ...

New figures from the Central Statistics Office show that exports of goods increased by 10% to almost €91 billion in the first five months of this year, while ...

Almost three quarters of Irish medium-sized companies are predicting a positive future, the latest International Business Report from Grant Thornton reveals, better than the euro zone average. The ...

A recruitment freeze at the Health Service Executive is to end today after it was introduced last October. Its termination was confirmed yesterday by HSE CEO Bernard Gloster. ...

The European Central Bank is expected to leave interest rates unchanged on Thursday, giving the euro zone time to digest last month’s first cut since 2019 as the ...

New figures from the Central Statistics Office show that the economy as measured by Gross Domestic Product (GDP) contracted last year by more than previously estimated. The revised ...

Euro zone bond yields edged higher after a sharp drop the previous day on the back of weaker-than-expected US inflation data. German 10-year bond yield, the benchmark for ...

Over 100,000 rooftop solar microgenerators have now been connected to Ireland’s electricity network, according to ESB Networks, cumulatively adding over 400MW of clean energy onto the power system. ...

Small and medium sized businesses lost almost €10m through email-related scams last year. The number of cases reported by SMEs increased almost 25% when compared with 2022. The ...

Minister for Finance Jack Chambers has pointed to “many more challenges facing our economy,” along with “threats” and “vulnerabilities present in our public finances”. Following turbulence in recent ...

A new resource to help businesses access a range of government supports called the National Enterprise Hub has been launched today by Minister for Enterprise Peter Burke. The ...

The State’s fiscal watchdog has claimed that the Government is adopting an ‘everything now’ approach of current spending increases, tax cuts and increased investment for next year’s budget. ...

Planned new laws aimed at ensuring enhanced benefits for those with a strong work history who become unemployed have passed through the Oireachtas. Under the new rules, the ...

Year-on-year wage growth in Ireland was 4.3% in June, up slightly from the 4% to 4.1% range recorded since the start of this year, according to new research. ...

The Government is to make €8.3 billion in additional funding available for use in Budget 2025, its last before the next general election. €1.4bn of that money is ...

The Government will outline the size of the financial package for October’s budget later today, when it publishes the Summer Economic Statement. The document sets out the Government’s ...

The Government says a new EU law aimed at tackling greenwashing will strengthen the rules around the social and environmental information which companies have to report. The Corporate ...

The UK’s finance minister has announced that she will re-introduce mandatory housing targets. In her first speech as Chancellor of the Exchequer, Rachel Reeves said that the new ...

Investor morale in the euro zone broke an eight-month streak of improvements with a bigger-than-expected decline in July, a survey showed today, describing the results as a “bitter ...

Asking prices for homes across the country rose at the fastest rate in almost two years in the 12 months to the end of June, new data shows. ...

Total construction activity fell for the second month in a row in June, new data shows. BNP Paribas Real Estate Total Construction PMI index fell to 47.5, from ...

The Governor of the Central Bank has urged the Government to stick to its own rule limiting the overall annual increase in spending to 5% in the upcoming ...

Some European Central Bank policymakers felt uneasy about recent inflation developments when they cut interest rates last month and feared that any further delay in reaching the target ...

The Taoiseach has told the banks he wants people to feel the benefits of reduced monthly mortgage repayments as quickly as possible as interest rates begin to fall. ...

Budget 2025 is to be brought forward one week to Tuesday 1 October, Minister for Finance Jack Chambers has said. Speaking on RTÉ’s Morning Ireland, Mr Chambers said ...

The State took in a total of €44.7 billion in tax in the first six months of the year, up more than 9% on the same period last ...

Bank of Ireland has downgraded its outlook for growth in Gross Domestic Product (GDP) to 1% this year and 3.9% in 2025. The bank had previously guided GDP ...

Growth in the country’s service sector moderated slightly in June, bringing jobs growth to a near standstill but a sharp drop in input costs offered welcome relief to ...

The Government has given the go-ahead for the drafting of legislation to complete the dissolution of the National Asset Management Agency (NAMA) and the winding up of the ...

The annual rate of inflation rose at the slowest rate in more than three years in June, increasing by 1.5% year-on-year compared to a rate of 2% in ...

Average motor insurance premiums rose marginally in the first half of last year, compared to the year before, new data from the Central Bank has shown. Premiums increased ...

A new report from the ESRI shows that 35,000 to 53,000 new dwellings will be needed annually based on projected population growth scenarios. The report looks at forecasts ...

June marked the sharpest decline in activity in the manufacturing sector in eleven months, according to the latest Purchasing Managers’ Index published by AIB. The headline index fell ...

New research commissioned by life insurance and pensions firm Royal London Ireland has found that 67% of Irish people say that it is more difficult than ever to ...

New figures from Banking and Payments Federation Ireland show there was a fall in the number of mortgages approved by Ireland’s main banks in May compared to the ...

New figures from Banking and Payments Federation Ireland show there was a fall in the number of mortgages approved by Ireland’s main banks in May compared to the ...

Irish household savings rose by €1.1 billion in May when compared to April, according to data published by the European Central Bank. The increase comes on the back ...

The consumer mood improved this month, according to the latest Credit Union Consumer Sentiment Survey, on the back of lower fuel costs and an ECB rate cut. The ...

The number of insolvencies here was 25% higher in the first six months of the year than it was in the same period of 2023, according to two ...

New figures from estate agent Sherry FitzGerald show that the average value of second-hand homes in Ireland saw a 1.8% increase in the second quarter of 2023. Sherry ...

Workers in Ireland should see their incomes rise in real terms both this year and next, due to falling inflation and ongoing increases in wages. The Economic and ...

Minister for Finance Michael McGrath has been nominated as Ireland’s next European Commissioner. The move was agreed by Government party leaders last night before being formally approved by ...

14% of companies are using artificial intelligence to evaluate job applications, new data shows. This includes scanning CVs or scoring job candidates to help filter and identify the ...

The new Minister of Finance Jack Chambers will be formally appointed this afternoon. The Dublin West TD will succeed Michael McGrath, who has been nominated as Ireland’s next ...

The Health and Safety Authority carried out almost 10,000 proactive workplace inspections last year, according to the authority’s annual report. The HSA conducted 83 investigations into fatal accidents, ...

New figures from Kantar show that grocery inflation stood at 2.5% in the 12 weeks to June 9 – the lowest level of grocery inflation since March 2022 ...

Annual Government spending that is dependent on age will be €16bn higher by 2050 than it is today because of Ireland’s ageing population, new research has found. The ...

There are calls for careful planning around the switch-off of Ireland’s old copper broadband network amid warnings that many devices are still reliant on the system. Broadband network ...

Eight out of ten employees have used artificial intelligence in the workplace, according to a new survey. The FRS Recruitment Employment Insights Report shows that almost half of ...

Prices sought for homes across the country rose by an average of 3.8% between April and June when compared to the previous quarter, new data from property listings ...

Prices paid by Irish consumers were the second highest in the EU last year, according to new official data. Irish prices were 42% higher than the EU average, ...

Ireland has dropped two places from last year in a key measure of international competitiveness. The country was ranked fourth of 67 economies examined by the Institute of ...

An increase in labour capacity in the construction sector may be needed if the number of houses that work has begun on this year are to be delivered. ...

The National Asset Management Agency remains on track to wind down completely by the end of next year. But the Minister for Finance Michael McGrath has confirmed that ...

Is it too early for Irish retailers to start preparing for Christmas? Not according to An Post. It has published its first eCommerce Index which shows that 95% ...

New figures from the Central Statistics Office show that 6.3 million foreign visitors departed Ireland on overseas routes in 2023. Overall, the visitors spent €7.3 billion on their ...

Dublin is the fourth most expensive city in Europe to build, a new survey shows today, while it also makes it into the top 25 most expensive places ...

The European Central Bank will cut its deposit rate twice more this year, in September and December, according to a significant majority of economists polled by Reuters who ...

Oil prices were stable today, as traders awaited signs of a hoped-for summer demand boost to prop up prices even as strong supply threatens to blunt gains. Benchmark ...

Fiscal policy has a “major role to play” in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF today. Left ...

The Central Bank has reduced its forecasts for economic growth this year. In its latest Quarterly Bulletin, the bank predicts that Modified Domestic Demand will expand by 2.1% ...

The European Central Bank’s chief economist said today he remained confident inflation will fall back to the ECB’s 2% target in 2025 after four years of unusually brisk ...

Nearly half of Irish jobseekers would refuse a job offer if there were no hybrid or fully remote working options offered, according to new research from The Stepstone ...

The European Central Bank needs to see momentum in services inflation come down this year in order to confirm its disinflation narrative, the ECB’s chief economist said today, ...

Dublin ranks as the 41st most expensive city in the world for international employees, the 2024 Cost of Living City Ranking survey from Mercer shows, ten places higher ...

The savings rate among households increased to 14.7% between January and March. New data from the Central Statistics Offices shows that households saved €8.1bn during the three month ...

Cost of living pressures continue to top the agenda for consumers, new data shows. The latest Future Consumer Index from EY tracks changing consumer sentiment and behaviours right ...

Consumer prices for goods and services rose by 2.6% over the 12 months to May. The figures from the Central Statistics Office show that when energy and unprocessed ...

The Federal Reserve held interest rates steady yesterday and pushed out the start of rate cuts to perhaps as late as December as policymakers sketched out their view ...

Oil prices fell in early trade today, as investors digested that the US Federal Reserve had likely pushed back a possible interest rate cut to December, while ample ...

The number of new electric cars sold in the first five months of the year dropped by 20% compared with the same time last year, new data shows. ...

US consumer inflation ticked lower last month, according to US government data, giving the US Federal Reserve positive news shortly before it publishes its latest interest rate decision. ...

Government plans to increase Pay Related Social Insurance (PRSI) to fund the State pension will lead to a slight increase in poverty rates, particularly the child poverty rate, ...

Irish mortgage rates dropped slightly in April, new data from the Central Bank of Ireland shows. The average interest rate on a new mortgage was 4.24%, down 0.07 ...

Ireland’s approach to the enforcement of building regulations requires a cultural shift, according to the new President of the Society of Chartered Surveyors. Kevin Hollingsworth called for a ...

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total fell by 0.3% to 173,200 people in May when compared to the previous ...

Oil prices traded lower today, as investors waited for key US and China CPI data as well as the outcome of the Federal Reserve’s policy meeting to glean ...

The euro fell sharply today, hit by political uncertainty after gains by the far-right in voting for the European Parliament on Sunday prompted a bruised French President Emmanuel ...

Housing commencements remain on an upward trend, according to BNP Paribas Real Estate Ireland, with continued increases in construction activity across key residential segments. The construction activity index ...

The United Nations world food price index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed drops in prices for sugar ...

European Central Bank policymakers warned today that the final stage of pushing inflation down to 2% could be especially hard but said they were confident that policy was ...

New figures from the Central Statistics Office show that the unemployment rate for May was 4%, unchanged from the previous month. On an annual basis, the seasonally adjusted ...

Almost half of people in Ireland expect their 60s to be the most expensive time of their retirement, new data shows. The survey carried out by Royal London ...

The pace of growth in the service sector accelerated in May, new data shows. The latest AIB Purchasing Managers’ Index (PMI) reveals that the index increased from 53.3 ...

The European Central Bank (ECB) is expected to agree a quarter of a percent cut in interest rates at its meeting in Frankfurt. It will come after ten ...

Minister for Housing Darragh O’Brien will seek Government approval to expand the local authority home loan for first-time buyers. The loan is currently only available for homes that ...

New annual housing targets that will be significantly higher than the current figures are set to be published after the Budget in October. The figures will consider new ...

Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s dominant services industry outpaced contraction in manufacturing, according to ...

The Central Statistics Office is today marking 75 years since it was first established in 1949. The CSO was established to gather, analyse and publish independent statistics and ...

The country’s manufacturing sector steadied last month after contracting in April although demand remained subdued, a survey showed today. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) ...

A new survey from KPMG highlights the challenge retailers and brands face in balancing price competitiveness and quality. Its latest Next Gen Retail Survey found that the majority ...

The Irish economy is expected to continue expanding at a robust pace in the coming years, according to a new report from AIB. However, it states that this ...

The Central Bank made a loss of €132.1m last year, as a result of monetary policy decisions taken across the euro area to bring inflation down. Its Governor ...

The annual rate of inflation increased to 1.9% in May, up from 1.6% in April, a flash estimate of the Harmonised Index of Consumer Prices (HICP) from the ...

Major technology companies have called on politicians to regulate artificial intelligence. Appearing before TDs and senators on the Oireachtas Enterprise Committee, representatives from Amazon, Google and Microsoft spoke ...

Almost €100m was stolen by fraudsters through frauds and scams last year, new data shows. That represents an increase of 16% on the previous year, according to FraudSMART ...

New figures from the Central Statistics Office show that average weekly earnings rose by 4.7% to stand at €969.12 in the first quarter of this year compared to ...

The European Central Bank can gradually reduce interest rates given the decline in inflation, and decisions on future cuts could centre around quarterly meetings with new economic projections, ...

The tourism industry across the island of Ireland is worth almost €17 billion to the economy, and supports 300,000 jobs, new data shows. The report from Ulster University ...

New figures from the Central Statistics Office show that retail sales fell by 1.2% on a monthly basis in April to stand 0.9% lower than a year earlier. ...

Cost-of-living measures “must once again be a focus” for Budget 2025, Taoiseach Simon Harris has said. Mr Harris made the comments during an address at the National Economic ...

A new report has found that over two thirds of businesses are concerned about the introduction of pension auto-enrolment. The research by Aon found that more than a ...

Lending at credit unions increased by almost 14% in the past year, driven by a significant rise in mortgage lending. That is according to figures from the Irish ...

60% of Irish based businesses say a lack of funding is the main barrier they face when it comes to increasing their innovation levels, new research has found. ...

The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this year as wage growth will not normalise until ...

New figures from Kantar show that grocery inflation stood at 2.6% in the 12 weeks to May 12, down from 13.3% the same time last year and the ...

The number of people in employment in the first quarter of the year stood at 2.7 million, a rise of 1.9% or 51,500, compared to a year ago. ...

New EU rules have come into effect aimed at ensuring the union has access to a secure and sustainable supply of critical raw materials. The Critical Raw Materials ...

New mortgage approvals rose again by both value and volume in April, driven by continued strong demand from first time buyers. The Banking & Payments Federation Ireland (BPFI) ...

Revenue has published new guidance on determining the employment status of workers for tax purposes. It follows a recent Supreme Court judgement relating to Domino’s Pizza delivery drivers. ...

The European Central Bank did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of ...

Wholesale electricity prices – the prices that suppliers pay to generators – fell nearly 30% in the 12 months to April, the latest Central Statistics Office figures show. ...

Inflation in Britain fell by less than expected in April and a key core measure barely dropped, prompting investors to pull bets on a rate cut next month ...

Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries today endorsed a political deal reached in December, setting a potential global benchmark ...

New car sales in the European Union rose 13.7% in April on the year for their biggest jump since last October, Europe’s auto industry body said today, after ...

Revenue has issued notices to 115,000 employers reminding them of their obligations under the Enhanced Reporting Requirements (ERR) scheme. Since January 1st, employers who provide the remote working ...

Irish food and drinks companies are generally positive about the future, despite issues with inflation, input costs and labour availability. That is according to a survey of over ...

A new analysis of Budget 2024 has warned that it will widen further the gap between the better off and those on the lowest welfare and work incomes. ...

More than 400 leaders from politics, business, economics and civic life are gathering in Killarney, Co Kerry over the next three days for the inaugural Global Economic Summit. ...

Advertised rents rose by just 0.6% between January and the end of March, new data from the property listings website Daft.ie shows. It meant that average rent sought ...

New figures from AA Ireland show a a slight fluctuation in petrol and diesel prices over the last few weeks after a sharp increase in April. The AA ...

New figures from the Central Statistics Office show that Ireland’s unadjusted exports of goods increased by €2.3 billion to €53.2 billion in the first quarter of this year ...

Failure to address the policy constraints around data centres in Ireland will put the country at risk of missing economic benefits of next generation technologies, an industry body ...

Pay increases, the rise of artificial intelligence and staff surveillance are among the topics to be discussed at the triennial conference of the Financial Services Union (FSU) which ...

New figures from the Central Statistics Office show that residential property prices grew by 7.3% on an annual basis in March. This marked the fastest rate of increase ...

Public sector workers will today call for an increase in starting salaries amid claims that pay for new entrants is far too low. The issue will be debated ...

Over €12 billion was spent using mobile wallets such as Apple Pay and Google pay in the 12 months to March, new data shows. The figures from Banking ...

Having eased considerably last year, fuel forecourt prices are on the rise once again. In the space of a month average fuel prices have risen by 10-13.5%, according ...

The European Commission has maintained its expectations for the performance of the Irish economy this year with a predicted GDP growth rate of 1.2%. In its Spring 2024 ...

Gas generated 42% of Ireland’s electricity in April, new figures from Gas Network Ireland show today. After a notably windy period in February and March, gas was the ...

Oil prices extended declines today amid signs of weak fuel demand and as comments from US Federal Reserve officials dampened hopes of interest rate cuts, which could slow ...

Britain’s economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered in the second half of ...

Almost 90% of the €1.65 billion debt which was still warehoused at the start of last month has been repaid or is in the process of being repaid, ...

The number of green loans drawn down last year jumped over 90% when compared to 2022, new data shows. A green loan includes green car or auto finance ...

The average interest rate on a new mortgage in Ireland rose for the third month in a row in March to reach the highest level since 2017, new ...

One in every four adults would choose to take the State pension six years earlier, even if it meant they received €60 less a week from it, new ...

Inflation in Ireland rose by 2.6% in the 12 months to April, according to the latest figures from the Central Statistics Office, down from the rate of 2.9% ...

Almost 80% of prospective homebuyers are worried about the state of the property market, new data shows. The consumer sentiment research from property website MyHome.ie reveals that just ...

PTSB said today it had recorded a strong financial performance in the first quarter of 2024, including an increase in net interest income and a doubling of business ...

Over 70% of businesses expect to increase salaries this year, while 40% plan to hire more staff, new data shows. The latest KPMG Enterprise Barometer reveals overall optimism ...

Private healthcare has come under the spotlight of late with the sale of the Beacon Hospital in Dublin and the planned move by Aviva back into the health ...

The banking industry is warning people who have previously fallen victim to investment fraud about new scams where the fraudsters are promising to recover their lost money. The ...

New figures from the Central Statistics Office show that the public-private pay differential on average ranged from 0.9% to a decrease of 6.6% in 2022. The CSO said ...

Homebuilder Glenveagh Properties said its forward order book now stand at €963m, up from €805m at the end of February. In a trading statement issued ahead of the ...

AIB said its total income increased by 18% in the first quarter of the year on the back of the higher interest rate environment and after what it ...

Smurfit Kappa shares rose this morning after its first quarter core profit fell sharply year-on-year but was higher than the final quarter of 2023 when it had signalled ...

Activity in the manufacturing sector deteriorated again in April, new data shows. The latest AIB Purchasing Managers Index shows that the fall last month was the sharpest rate ...

Balance for Better Business (B4BB), an independent review group established by the Government, has today launched a new strategy, targets and roadmap to improve gender balance at board ...

Trade unions will mark May Day today which is celebrated as International Workers’ Day. A rally and march will be held this evening at the Garden of Remembrance ...

Bank of Ireland has today lifted its net interest income guidance for 2024 to reflect its revised expectations that there will be one fewer round of central bank ...

The euro zone economy grew by more than expected in the first quarter of 2024, buoyed by a return to growth for Germany and strong expansion in Spain, ...

The latest “flash” estimate of inflation from the Central Statistics Office shows that the annual rate slowed to 1.6% in the year to April from a rate of ...

Ireland’s first Trade Union week begins today. It will see thousands of workers across the island taking part in events and activities over the next seven days. The ...

The number of claims related to accidents caused by drivers who were either uninsured or untraced rose 11% last year. The Motor Insurers’ Bureau of Ireland said 1,927 ...

KBC Bank Ireland will return its banking licence to the Central Bank of Ireland next week, in its last act before exiting the Irish market. Three years after ...

There was a 12.1% fall in the number of new home completions in the first quarter of this year, according to new data from the Central Statistics Office. ...

Ireland has one of the highest shares of hybrid and remote job postings in Europe, according to the professional network LinkedIn. The analysis shows how working habits have ...

There was a marginal fall in consumer sentiment for a third month running in April, the latest consumer sentiment index from the Credit Union has found. It follows ...

A Central Bank review of the supports that are in place for borrowers experiencing early mortgage arrears has found they need to be improved. The analysis looked at ...

A survey of businesses that signed up to a pledge to improve diversity and inclusion in their workplaces has found higher levels of female participation at senior and ...

The outstanding debt owned by businesses that availed of Revenue’s debt warehousing scheme stood at €1.58 billion this week, according to the tax commissioners in their annual report ...

Employment and social welfare supports during the Covid pandemic helped to stabilise the labour market but inequalities persist, according to a new study from the Irish Human Rights ...

New laws to tackle money laundering, terrorist financing and sanctions evasion are due to be voted on by the European Parliament. The proposed legislation would place increased surveillance ...

Consumers want to make sustainable choices but cost and other practicalities take priority, new research shows. The survey of 1,000 people from Banking and Payments Federation Ireland (BPFI) ...

New figures from the Central Statistics Office show that wholesale electricity were 40.3% lower in March of this year compared to the same time last year. The CSO ...

European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher US inflation delays a pivot to looser policy by ...

Taoiseach Simon Harris said today there is capacity to build 60,000 homes a year and there is a need to continue the supply of new homes. Speaking on ...

Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine ...

New figures from the Central Statistics Office show that the general government balance showed a surplus of €8.3 billion or 1.7% of Gross Domestic Product (GDP) in 2023. ...

So-called ‘green’ job postings in Ireland are up over 90% since 2019, new data shows. The research from hiring platform Indeed highlights the growing demand for such roles, ...

The latest AA Ireland fuel price survey shows that petrol and diesel prices have hit their highest level so far this year. AA Ireland said that petrol and ...

Small and medium sized businesses will need to adjust their profit expectations in order to ensure the viability and continued growth of the sector, a new analysis has ...

The level of job vacancies continued to fall in the first quarter of the year according to the latest ‘Jobs Index’ from hiring platform IrishJobs. Vacancies were down ...

New figures from the Central Statistics Office show that residential property prices grew at the fastest annual pace in just over a year in February. Property prices increased ...

Euro zone inflation slowed across the board last month, reinforcing expectations for a European Central Bank interest rate cut in June, even as rising energy costs and a ...

New car sales in the European Union fell by 5.2% year-on-year in March, marking the first decline this year and the biggest since July 2022, Europe’s auto industry ...

The Government has agreed to defer the date for the referendum on the EU’s Unified Patent Court, Minister for Enterprise Peter Burke has confirmed. It was expected that ...

Ireland’s exports and imports fell in February, according to the latest figures from the Central Statistics Office. Goods exports in the month were worth €15.9 billion on an ...

The Governor of the Central Bank has said he expects that “all things equal” the European Central Bank will cut interest rates in June. However, Gabriel Makhlouf said ...

Euro zone inflation is heading to the European Central Bank’s 2% target next year after a “bumpy” road that will see it hover near current levels for now, ...

There was a “significant” drop in job openings in the first quarter of the year, according to the latest Quarterly Employment Monitor from recruitment firm Morgan McKinley. The ...

The Governor of the Central Bank has called for continued global coordination that will lead to progress in dealing with systemic risks arising from the non-bank sector. Gabriel ...

Construction activity rose in March for the first month since June of last year and at the most marked rate for nearly two years, new data shows. The ...

Business group Ibec has said the Irish economy is still performing robustly, despite rising inflation and higher interest rates. In its first Quarterly Economic Outlook for the year, ...

The European Central Bank could cut interest rates more than three times this year and the reductions should not be held back if the US Federal Reserve delays ...

The global IPO market began the year on a cautiously optimistic note, according to analysis by EY, with activity declining in volume in the first quarter of the ...

New figures from the Central Statistics Office show that households saved 12.09% of their income in the last quarter of 2023 – and 12.4% in 2023 as a ...

IDA Ireland has said that an AI-enabled workforce is critical to transforming Ireland’s enterprise base and supporting future investment in the country. The agency has published its latest ...

New figures from the Central Bank show that average mortgage rates in Ireland rose to 4.29% in February from 4.27% in January. The euro zone average mortgage fell ...

The Governing Council of the European Central Bank (ECB) will consider whether to make any changes to interest rates at a meeting in Frankfurt later today. But markets ...

The World Trade Organization said today that global trade should rebound this year from an unexpected slump in 2023, but warned that regional conflicts, geopolitical tensions and economic ...

Euro zone banks lowered the bar on mortgage approvals last quarter for the first time in over two years but demand for credit kept falling amid high borrowing ...

The Supreme Court has ruled that guidelines on personal injuries awards voted into force by Ireland’s judges three years ago are legally binding and remain in force. In ...

60% of people would turn down a job if it did not offer hybrid working, new data shows. The latest Cpl Salary Guide reveals that 66% of those ...

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for March decreased by 400 to 174,500 people – a fall of 0.2%. ...

The State’s bad bank asked the Government to set up a ‘NAMA resolution unit’ because there was no way they could finalise all legal cases, insolvency, and property ...

Nearly three quarters of third level students who come from a family business background believe that the next CEO of the firm will be a family member, according ...

Investor morale in the euro zone improved for the sixth consecutive month in April to its highest level in more than two years, a survey showed today, adding ...

The amount of electricity produced by wind hit a new record for March last month, new data shows. 1,541GWh of power was generated by wind farms here during ...

AIB and affiliates EBS and Haven are cutting the fixed rates on their “Green Mortgages” by 0.2%. The changes will take place from tomorrow and will be available ...

Gardaí have said over €25 million was stolen in investment fraud last year, a crime which has increased by over 90%. Almost 1,000 people have reported an investment ...

There was a drop in the amount of office space leased in Dublin in the first quarter of the year, new data shows. Research from commercial real estate ...

The Government has published a bill which will pave the way for 800,000 workers to be brought into a pension scheme for the first time. Publishing the Automatic ...

Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering borrowing costs from record highs. Consumer price growth in the ...

The average cost of settling public and employer liability claims through the Injuries Resolution Board dropped by a third in 2022 compared to 2020, according to a new ...

The service sector grew at its fastest pace in eight months in March, new figures show. The latest AIB Purchasing Managers’ Index (PMI) reveals that the index reached ...

Annual inflation in Ireland fell below the euro zone-wide target of 2% for the first time in almost three years after slowing to 1.7% in March, a flash ...

The European Central Bank could start cutting interest rates in June as inflation may fall quicker than expected but should not get too far ahead of its US ...

Several of Ireland’s largest trade union groups have joined forces calling for a major reform of workers’ rights. The Respect at Work campaign says there should be cross ...

The manufacturing sector contracted in March after briefly returning to growth a month earlier, a survey showed today, with confidence among firms also slumping to the lowest level ...

After decades of discussion and debate, the prospect of workers being automatically added into a private pension scheme took a step closer this week. On Wednesday the Cabinet ...

The average price of a used property in Dublin rose 1.9% between January and March compared to the previous three months, new data from DNG shows. That’s more ...

Inflation in Ireland has fallen significantly in recent months, but a number of cost increases will weigh on consumers from next Monday. From midnight on 1 April, the ...

Draft legislation designed to set up the new pension auto-enrolment system has been approved by the Cabinet. If enacted, the Automatic Enrolment Retirement Savings System Bill will result ...

Just €10m has so far been paid out in mortgage interest relief under the Government scheme announced in the budget, despite €125m being allocated for it. 12,107 PAYE ...

The Minister for Social Protection will seek Cabinet approval today for draft legislation designed to set up the new pension auto-enrolment system. If enacted, the Automatic Enrolment Retirement ...

The ESRI has upgraded its outlook for economic growth this year, amid falling inflation, an expected normalisation of exports and moderate expansion of the domestic economy. In its ...

Mortgage approvals for first-time buyers hit a record annualised high in February. Figures from Banking and Payments Federation of Ireland (BPFI) show that in the year to the ...

Overall non-performing consumer loans at banks and credit unions remain near recent historical lows, despite a slight increase observed in new early arrears cases. That is according to ...

Consumer sentiment dropped again this month, new research has found, amid ongoing caution and concern. The Credit Union Consumer Sentiment Index found rising living costs and another increase ...

The European Central Bank is increasingly confident that wage growth is slowing back toward more normal levels, potentially opening the door to rate cuts, ECB chief economist Philip ...

House price increases in lower-priced counties soared above the national average in the first three months of the year as buyers chase affordability, the latest REA Average House ...

A strong debut by Swiss skincare company Galderma on Friday is steadying nerves around Europe’s IPO market, a day after a poorly received listing from German retailer Douglas, ...

There was a decrease in the price of wholesale electricity in February 2024 with prices 15.3% lower than the previous month. The price of electricity was 46.8% lower ...

Euro zone inflation is set to fall back to the European Central Bank’s 2% target by next year so an interest rate cut could come possibly as soon ...

Notices that work was beginning on 3,699 new homes across the country were received in February, new data from the Department of Housing shows. This is up 85% ...

European Union leaders will today back a slightly tighter fiscal policy for the euro zone next year, to help bring down inflation and make public finance more stable ...

Britain posted a larger budget deficit than expected in February, boosted by cost of living payments and the effect of past inflation on the public finances, official data ...

State-induced employment support measures will increase payroll costs for the tourism sector by €456m this year, a new analysis claims. Between now and 2026, the cost of the ...

New figures from the Central Statistics Office show that residential property prices rose by 5.4% in the 12 months to January, up from 4.1% the previous month. The ...

Minister for Finance Michael McGrath will update Cabinet this morning on new EU fiscal rules which will require every member state to publish their net expenditure plans for ...

Almost €750m was paid last year to Revenue in unpublished tax settlements with more than €200m of that linked to the finance and insurance industries. The Revenue Commissioners ...

Housing is viewed as the top challenge for US firms operating here, a survey of members of the American Chambers of Commerce in Ireland has found. 98% of ...

The European Central Bank will be in position to discuss an interest rate cut in June, Vice President Luis de Guindos said today, joining a long list of ...

The cost of a fry-up has risen by 3.1% in the past year, according to the Central Statistics Office. That figure is based on the data the CSO ...

Irish exports jumped 22% in January when compared to the same month of 2023, according to the Central Statistics Office. There were more than €18.9 billion in exports ...

Consumer queries to the Competition and Consumer Protection Commission were up 20% last year, with faulty goods and services being the subject of most contacts. Almost 40,000 people ...

The rate of inflation continued to ease last month, according to new data from the Central Statistics Office. Consumer prices rose by 3.4% in the year to the ...

The holders of tracker mortgages in Ireland look set to benefit from a 0.35% reduction in their interest rates in September. The development follows a technical change by ...

The European Parliament has given the final nod to far-reaching rules on artificial intelligence that the EU hopes will both harness innovation and defend against harms. The law, ...

Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A record 80% of new ...

The average interest rate on new mortgages in Ireland rose in January, according to new data from the Central Bank. At the end of the month, the average ...

The Central Bank has revised downwards slightly its forecasts for growth in the domestic economy this year, but still expects that it will continue to grow at a ...

The Central Bank told the Department of Finance a scheme for mortgage interest relief would almost exclusively benefit homeowners aged over 40 who were the least likely to ...

New figures from the Central Statistics Office show that the rate of household saving fell slightly in the last three months of 2023 and in the year as ...

The European Central Bank is increasingly confident that inflation is coming down, but should still hold off on an interest rate cut until June, Slovak Governing Council member ...

Construction activity continued to contract in February, but at a slower pace than a month earlier, new data shows. The BNP Paribas Real Estate Ireland Construction Index climbed ...

One in every five car owners are planning to get rid of their car over the coming years, new research has found. The rising cost of running a ...

The Chief Executive of Bord na Móna has said the Oweninny Wind Farm, which is set to be Ireland’s largest onshore wind farm, represents a “significant step” towards ...

Three quarters of Irish consumers feel they are doing as much as they can, within their means, to be sustainable, a new survey from EY has found. The ...

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for February fell by 1.2% to 174,600 people, a decrease of 2,100 from ...

China’s exports sharply accelerated in the first two months of 2024, official figures showed today, providing policymakers a bright spot as they battle to revive the world’s second-largest ...

Finance Minister Michael McGrath has today confirmed that NAMA will complete its wind-down by the end of 2025 while the Special Liquidation of Irish Bank Resolution Corporation (IBRC) ...

Enhanced clarity, predictability and accessibility on consumer protection obligations are among the key aims of a new Consumer Protection Code being developed by the Central Bank. As part ...

A new OECD report has found that there is an urgent need to take stock of anti-disinformation policies in countries around the world and to set a path ...

The service sector here grew at its fastest pace in five months in February after slowing to a near standstill a month earlier, as firms reported rising levels ...

Businesses in the retail and hospitality sectors are in line for a top-up payment of up to €3,000 in the Energy Efficiency Grant, under proposals Minister for Enterprise ...

Grocery price inflation fell for the tenth month in a row in February, new figures show today, with the decline expected to continue during the rest of the ...

Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services industry expanded for the first time since July, offsetting a deeper ...

Ireland lags other part of Europe when it comes to retail payments, the Central Bank has claimed. The result is an unsatisfactory situation for both consumers and businesses ...

More than 15% of job postings in Ireland offer remote or hybrid work opportunities, ranking the country ahead of Germany, France and the US, but behind the UK, ...

The slowdown in the mortgage market is continuing, driven by a declining numbers of switchers and mover purchasers. The latest figures from Banking and Payments Federation Ireland show ...

Business condition in the manufacturing sector improved in February, the latest AIB Purchasing Managers Index shows. It comes as production growth accelerated to the highest in 22 months, ...

The Governor of the Central Bank has warned of the heightened risk level associated with both the payment and e-money sector and the investment fund sector. Gabriel Makhlouf ...

CEOs in Ireland are more optimistic than in the previous two years as businesses adjust to geopolitical challenges, a new survey shows. The research carried out by business ...

Inflation in the euro zone is expected to fall further but the European Central Bank needs more data before starting to cut interest rates, ECB Vice-President Luis de ...

New preliminary estimates from the Central Statistics Office show that average weekly earnings stood at €921.81 in the fourth quarter of 2023, up 2.1% compared with €902.56 in ...

The Digital Services Commissioner at media regulator Coimisiún na Meán will tell an Oireachtas committee that it is not their job to act as an online censor. John ...

The organisation representing the banking sector has warned that certain provisions contained in draft legislation aimed at ensuring continued availability of cash services pose a very real risk ...

A new estimate suggests that the domestic economy here grew reasonably strongly in December, despite challenging conditions. The “Nowcast”, produced by the Economic and Social Research Institute, predicts ...

The commercial property vacancy rate nationally has increased to its highest level since GeoDirectory started tracking the data a decade ago. According to its latest Commercial Buildings Report, ...

68% of workers aged between 20 and 69 have some form of pension cover outside of the State pension, new figures from the Central Statistics Office show. The ...

Consumer sentiment fell again in February, undoing some of the gains it made a month earlier. The Credit Union Consumer Sentiment Index dropped to 70.2 in the month, ...

The World Trade Organization today opened a high-level ministerial meeting in Abu Dhabi with calls for consensus as geopolitical tensions and the looming US election undermine chances of ...

While tracker and variable mortgage customers have borne the brunt of the European Central Bank’s interest rate raising programme, those who managed to fix at the right time ...

The vast majority of Irish tech start-up and scaling companies are deploying or preparing to deploy artificial intelligence (AI) according to a new survey. The research from Scale ...

Ireland’s national debt continued to fall last year but remains one of the highest in the world at €42,000 per capita, the Department of Finance’s report on public ...

The competition to select a city to host the new EU Anti-Money Laundering Agency (AMLA) will get underway in Brussels today, with Dublin in contention along with eight ...

There has been a 71% global spike in cyber-attacks involving stolen identities according to IBM. Its latest X-Force Threat Intelligence Index found there was a growing trend in ...

Lower income households are disproportionately hit by the effects of indirect taxes like VAT and carbon taxes when compared to those with higher incomes, a new analysis has ...

Mortgage lending at credit unions was up 15% in the last three months of the year, with the mortgage book now over €500m for the first time. The ...

The cost to consumers in Ireland to deal with faulty goods and services last year was close to €1 billion, according to the Competition and Consumer Protection Commission ...

The European Union’s new online safety rules come into full force today in Ireland and across the EU. The Digital Services Act requires online platforms to do more ...

A new report shows the level of small and medium-sized businesses who are interested in grants to help them invest in sustainable measures increased by over 40% in ...

Ireland’s media regulator Coimisiún na Meán has said it is ready to assume new EU online safety powers from tomorrow. It has been tasked with enforcing the Digital ...

The annual rate of inflation fell to 4.1% in the 12 months to January from 4.6% in December, new figures from the Central Statistics Office show today. This ...

The European Commission has today revised down its expectations for the performance of the Irish economy in its Winter 2024 Economic Forecast, which was published today. The Commission ...

Euro zone economic growth was flat in the last three months of the 2023 against the previous quarter and up 0.1% against the same time in 2022, Eurostat ...

Euro zone economic data indicates that inflation is heading back towards target as earlier predicted but the European Central Bank still needs more information before it can be ...

Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place, official data showed today, although India is projected to leapfrog both ...

People have been urged to beware of romance scams and criminals who are seeking to take advantage of the increased popularity of dating apps this St Valentine’s Day. ...

The Government has given formal approval to the public sector pay deal agreed last month. Following negotiations at the Workplace Relations Commission (WRC), unions, staff associations and government ...

US consumer prices increased more than expected in January amid rises in the costs of housing and healthcare, but the pick-up in inflation likely does not change expectations ...

Chartered Accountants Ireland has outlined a plan aimed at improving childcare policy for the benefit of both providers and parents. The institute has proposed a series of steps ...

Construction activity contracted for the seventh consecutive month in January, but by the smallest amount since October. Housing activity, while reducing further, slowed by the least extent since ...

Labour and raw material costs continue to drive pricing higher in the construction sector, new research has found. The Construction Industry Federation Construction Outlook Survey for the first ...

The Irish Congress of Trade Unions (ICTU) is recommending that unions in the private sector should seek to secure pay increases in the range of 4% to 6% ...

Advertising spend is predicted to grow by 4.1% this year, according to marketing advisory firm Core. That marks a slightly slower pace of growth than the 4.6% seen ...

Oil prices slipped today as investors indulged in some profit-taking after both benchmarks ended last week about 6% higher on Middle East tensions and as refining outages squeezed ...

The volume and value of personal loan draw downs reached a new high between July and September last year, new data shows. The figures from Banking and Payments ...

A report today shows that more than one third of electricity used in Ireland last month was generated by wind power. The latest figures, published by Wind Energy ...

The over supply of office space in Dublin could continue until the end of 2026 or start of 2027, new research suggests. The study by BNP Paribas Real ...

Minister of State Jack Chambers has said he believes the personal criticism of Minister for Transport Eamon Ryan by Ryanair CEO Michael O’Leary was “very unfair”. “I think ...

Rents in new tenancies went up faster than in existing tenancies, according to new figures from the Residential Tenancies Board (RTB) for July to September last year. National ...

Employers in the tech sector are facing challenges when it comes to wage pressures and the availability of talent. According to the 2024 Stelfox Salary Guide Survey, 70% ...

The amount of tax collected by the State increased by almost 5% in January when compared to the same time last year, driven by strong VAT and income ...

There was a marked slowdown in the rate of expansion in activity in the services sector in January, according to AIB in its latest Purchasing Managers’ Index. The ...

Minister for Finance Michael McGrath has announced that the interest rate on tax debt frozen since the pandemic has been cut to 0%. The Revenue Commissioners have also ...

The global economy is on course to hold up better this year than expected only a few months ago as an improved outlook in the United States offsets ...

Consumers are being warned to be on the alert for elaborate investment scams involving online and mobile banking transfers. Figures from FraudSMART, the fraud awareness initiative led by ...

Construction costs are continuing to rise, but the rate of increase eased significantly in the second half of last year, the latest Tender Price Index from the Society ...

The latest figures from the Central Statistics Office show an easing in the estimated annual rate of inflation in January. The latest “flash” inflation estimate from the CSO ...

The euro zone’s economy stagnated last year, weighed down by an industrial malaise in Germany, its former powerhouse, data showed today. The 20 countries that share the euro ...

New controls on imports entering Britain from the Republic of Ireland have come into effect. The changes, which are a result of Brexit, require firms to pre-lodge customs ...

From today, PAYE taxpayers can submit claims for mortgage interest relief for last year. The relief aims to help homeowners who have borne the brunt of interest rate ...

Job vacancies fell 28% in the final three months of last year, compared to the same period in 2022. According to IrishJobs the number of open positions advertised ...

Turnover in the Irish investment property market dropped almost 70% last year to €1.85bn when compared to 2022 – the lowest since 2012. A new report by BNP ...

The development of offshore wind in Ireland could be worth at least €38 billion to the economy, a new study has estimated. However, the report produced for Green ...

New preliminary figures from the Central Statistics Office show that the country’s GDP is estimated to have fallen by 0.7% in the fourth quarter of 2023 when compared ...

Around 1.3 million social welfare recipients will receive a double payment this week. Up to €342m will be paid out to pensioners, carers, people with disabilities, lone parents ...

Falling energy prices and announcements of grocery price cuts have boosted consumer sentiment at the beginning of 2024, according to the latest Credit Union Consumer Sentiment Index. The ...

A total of 32,695 new homes were completed last year, up 10% on a year earlier, new data from the Central Statistics Office shows. It follows the completion ...

Overall mortgage drawdown volumes declined in 2023, new figures from Banking and Payments Federation Ireland show, but the reduction was driven largely by a falloff in switching and ...

Global growth is set to stay resilient this year and only pick up pace a bit in 2025, according to a Reuters poll of economists, a stable outlook ...

Up to 29,000 housing units are being held up in the planning process or in judicial reviews, a new report from construction consultancy Mitchell McDermott has found. That ...

The ECB’s Governing Council will meet in Frankfurt today to consider whether to make any changes to interest rates. No adjustments are expected though, despite some progress being ...

Property price growth picked up on an annual basis for the third successive month in November, increasing by 2.9% after prices rose by 0.8% on a monthly basis, ...

The Oireachtas Committee on Enterprise, Trade and Employment will discuss the regulatory and legislative changes required for the transposition of an EU directive on minimum wages. The Directive ...

The Chief Executive of Irish Rural Link has welcomed proposed legislation that will keep cash circulating in society as more people turn to digital payments. Under plans being ...

The professional jobs market is showing signs of stabilising with a 30% decline in the number of job seekers and an 18% drop in the number of vacancies ...

New movies starring Cillian Murphy and Jamie Dornan were some of the big winners in the Section 481 film corporation tax credit scheme for the Irish movie and ...

The number of new homes under construction has jumped, while the residential vacancy rate has dipped, a new report shows. The data from GeoDirectory, a database of commercial ...

The Workplace Relations Commission (WRC) is expected to complete a new code of practice on the right to request remote working by the end of this month. The ...

Employers group Ibec has written to the Taoiseach to highlight concerns about the rising cost of doing business, and specifically the pace and scale of Government-imposed labour costs. ...

New data shows that instrumentation engineers, ad reviewers, and mechanical and electrical project managers are the most difficult jobs to fill. The ‘Hardest to Fill Jobs’ analysis of ...

Almost three-quarters of Irish people believe that social media algorithms, that select the content users see, should be regulated more strictly. The findings are contained in new research ...

Oil prices rose today as the International Energy Agency (IEA) joined producer group OPEC in forecasting strong growth in global oil demand and as cold winter weather disrupted ...

Building work began on 32,801 new homes last year, the highest number on record, new data shows. The figure for commencement notices lodged in 2023 compares to 26,957 ...

Minister for Housing Darragh O’Brien has said that the 10% stamp duty rate, which is applicable to international investors who buy more than ten residential properties, will be ...

Taoiseach Leo Varadkar is in Davos for the World Economic Forum, which has so far been dominated by the conflicts in the Middle East and Ukraine. Mr Varadkar ...

Ireland has once again topped a league table of European countries for issuing data fines. The 2024 edition of global law firm DLA Piper’s annual GDPR and Data ...

Wage growth in Ireland slowed at the end of 2023 and has dropped to 3.7% year-on-year, according to a new report from jobs site Indeed and the Central ...

The Government has launched a plan to boost growth in the digital creative industries. The roadmap will focus on commercial design, digital games and content creation including advertising ...

The annual rate of inflation rose in December, driven by increases in prices in areas such as restaurants and hotels, mortgage interest repayments and rents and package holidays. ...