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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 and the end of September this year, there was a 5.7% increase in landlord numbers. However, during the third quarter of the year, landlords issued almost 4,000 […]
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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 consumption grew by 2.4% and wages to employees rose by 3% in the first nine months of the year, compared to same period a year earlier. Today’s […]
Read More… from Domestic economy grows 3.1% in first nine months of 2024 – CSO
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 gifts from colleagues and managers. 37% of workers surveyed said they believe that bonuses and gifts are tied directly to their performance at work. “The festive season […]
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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 Finance noted that larger SMEs, which employ between 10 and 250 workers, are the most upbeat, reporting a positivity rate of more than 72% on the index […]
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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 advises on the public finances. The figure is far higher than a previous estimate of about €8 billion from the Climate Change Advisory Council. In its latest […]
Read More… from State faces €20bn fine if it fails to reduce emissions, Fiscal Council says
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 regulator has also cautioned that with the economy performing at or above capacity, expansionary fiscal policy risks aggravating domestic pressures. The warnings are contained in its Financial […]
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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 pace since April 2023. The index rose sharply to 58.3 in November, from 53.8 in October. Readings above 50 indicate overall growth in activity. The data shows […]
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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 Robert Holzmann said in a newspaper interview published today. Investors expect the ECB to cut interest rates at every one of its upcoming meetings at least until […]
Read More… from ECB rate cut of 25 bps possible, not more, ECB’s Holzmann tells paper
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 last month was the busiest ever November for both Cork and Dublin Airports as the two airports saw almost 2.5 million passengers pass through their terminals in […]
Read More… from Dublin Airport set to breach passenger cap limit this year
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 the same month last year. The latest Banking and Payments Federation Ireland (BPFI) data shows almost two thirds of the total were for first time buyers. “In […]
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