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 research has found. But less than one in five said they would stay at work until they were 70 in order to get an additional €60 a […]
Read More… from Half of adults happy with current State pension age of 66
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% the previous month. However when energy and unprocessed foods are excluded, the inflation rate stood at 3.5%. The difference reflects the fact that consumers have benefitted from […]
Read More… from Inflation rate slows to 2.6% in April from 2.9% in March – CSO
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 13% believe the next year would be a good time to buy. Meanwhile, nearly half said the cost of living crisis has meant they have had to […]
Read More… from Just 13% of prospective homebuyers think over the next year a good time to buy
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 among Irish businesses, with 65% expecting turnover to increase in the next 12 months However, those surveyed highlighted a number of challenges facing businesses this year, with […]
Read More… from Over 70% of businesses plan to increase staff salaries in 2024
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 lending. In an interim management statement today, the bank said its mortgage market share during the three months from January to March declined slightly from the fourth […]
Read More… from PTSB reports 10% increase in Q1 net interest income
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 insurance market. It comes at a time of sharp medical cost inflation and an apparent stalling in the proportion of the population holding private health insurance. However, […]
Read More… from Private healthcare – a boom area for investment?
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 scam is particularly being targeted at people over the age of 50. The Banking and Payments Federation Ireland’s FraudSMART campaign says it is seeing growing numbers of […]
Read More… from Scammers re-target investment fraud victims promising to recover money
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 that trends in the public-private pay differential show that public sector employees on higher incomes are worse off in terms of gross pay in comparison with private […]
Read More… from Public-private pay differential ranged from 0.9% to – 6.6% in 2022
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 company’s AGM in Dublin today, Glenveagh said it was well positioned to deliver over 2,700 new homes across its three business segments in 2024. It noted that […]
Read More… from Glenveagh Properties set to build over 2,700 homes this year
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 called “a very strong first quarter performance”. In an interim management statement ahead of its AGM today, AIB said its Net Interest Income was 27% higher in […]
Read More… from AIB’s first quarter income up by 18% due to higher interest rates
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