People count more than numbers

Small bounce in consumer sentiment after Budget – Credit Union Consumer Sentiment Index

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 is according to the latest Credit Union Consumer Sentiment Index. The survey, conducted in partnership with Core Research, shows an index reading of 74.1 for October, marking […]

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Growth expected to continue at moderate pace as economy nears full capacity – AIB report

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 (MDD) to grow by 2.8% next year and 2.7% in 2026. The report finds that, following a fall in GDP in 2023 due to a downturn in […]

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635 million bottles and cans returned to Deposit Return Scheme

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 Department of Environment, Climate, and Communications. This equates to €110 million in deposits returned to customers. The collection rate for August was equivalent to 73% of all […]

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Study finds low levels of compliance with on-site and hybrid attendance policies

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 study also found that almost half of respondents reported a compliance level of at least 50%. The HR Update report, published by Ibec to coincide with its […]

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ECB starting to debate if rates have to go below neutral, sources say

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 week with half a dozen sources indicate. The ECB has been cutting rates quickly this year but policymakers have so far said the goal is a neutral […]

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Consumers warned of new ‘direct debit’ scam on the rise

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 led by Banking & Payments Federation Ireland (BPFI), said the scammers are persuading people to move their money to a so-called ‘safe account’ in order to protect […]

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€4 billion to be transferred from Exchequer to Future Ireland Fund

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 being moved from the Exchequer to the Future Ireland Fund. The fund is one of two vehicles set up to save some of the proceeds from corporation […]

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Gas emissions dropped by 2.2% in the first three months of the year

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 three-month-period in 2023, according to a new quarterly emissions report from the Environmental Protection Agency. The first ever quarterly emissions data from the EPA shows electricity imports […]

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Staffing, energy costs biggest worries for Irish SMEs – SBCI

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 the biggest risks identified by Irish SMEs. The Strategic Banking Corporation of Ireland is the State’s promotional financial institution and it has channelled over €4 billion in […]

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