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 polled by Reuters who now see a quicker decline in euro zone inflation. Only 12% of economists polled last month had predicted an October cut. But most […]
Read More… from Poll suggests ECB to cut rates by 25bps in Oct and Dec
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 list, approved by the EU’s member states, now counts 11 jurisdictions deemed non-cooperative for tax purposes, particularly where it comes to sharing tax information. It now has […]
Read More… from EU drops Antigua and Barbuda from tax haven blacklist
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 include having an undesirable office location, which was cited by almost a third of respondents. A lack of the right skillsets in applicants was also referenced by […]
Read More… from Hiring and retention big challenge for all firms – survey
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
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