Author: admin@fmb

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% target, French Central Bank Chief Francois Villeroy de Galhau told an Italian newspaper. The ECB cut rates from record highs twice already this year and markets now […]

Read More… from ECB will probably cut rates in October on risk of too low inflation – Villeroy

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, the latest house price report shows. It means the median price sought for a home nationally in the third quarter stood at €365,000. That represents an increase […]

Read More… from Asking prices for homes nationally up 7.5% over the year

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 wider Middle East conflict disrupting exports in the key oil-producing region. Brent crude futures fell 28 cents, or 0.36%, to $77.77 per barrel early this morning, while […]

Read More… from Oil prices dip after strongest weekly rise in over a year

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 dinner tonight. Siobhan O’Shea, who is director of scaled business success at recruitment company Indeed, will also emphasise the urgent need to tackle infrastructural challenges that are […]

Read More… from Half of new homes should be built in Dublin, Chamber President to say

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. The latest Exchequer Returns show that €68.2 billion in tax was collected in the first nine months of the year. €17.8 billion came from corporation tax, up […]

Read More… from Tax take to end of September up 11% on same period last year

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 income. The report found that average disposable income in the region is over €3,000 below the national average. New house completions in the western region fell from […]

Read More… from Western Region ‘continues to lag other regions’, says development commission

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 year. The CSO also said today that the unemployment rate for August was revised to 4.4% from 4.3%. Today’s figures show that the monthly unemployment rate in […]

Read More… from Unemployment rate of 4.3% for September – CSO

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 Managers’ Index (PMI) shows that growth of both new business and employment moderated. But outstanding work increased, and the 12 month outlook rebounded since August. The index […]

Read More… from Service sector activity rises at strongest rate in 6 months

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 of Budget 2025. The Group A threshold for CAT, which includes gifts or inheritance from parents to their children, will rise from €335,000 to €400,000. The Group […]

Read More… from Inheritance tax free thresholds to increase

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 came into force at midnight. Taoiseach Simon Harris said Budget 2025 was the last of this Government’s mandate and he was looking forward to going to the […]

Read More… from Dáil votes through some elements of Budget 2025