People count more than numbers

Mortgage switching activity picks up again as rates fall

Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie. The volume mortgage customers switching lender spiked in 2022, just as the European Central Bank was poised to start raising interest rates. However, as ECB rates rose – and good fixed rate […]

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New registry to clamp down on scam text messages

The Commission for Communications Regulation (ComReg) is setting up an SMS Sender ID Registry to identify legitimate organisations in order to help cut down on text message scams. The SMS Sender ID Registry is designed to help protect the Short Message Service (SMS) as a reliable and trustworthy communications channel. Business names and brands that […]

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Significant rise in car and home improvement loans – BPFI

There has been a significant jump in the number of people borrowing money to buy cars and make home improvements, according to latest figures from the Banking & Payments Federation Ireland (BPFI). It said that during the third quarter of last year more than 17,000 car loans were drawn down – nearly 14% higher than […]

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Highest earnings for workers in non-EU multinationals – CSO

Workers in non-EU multinational companies accounted for the highest average earnings in 2023, according to a new report from the Central Statistics Office. The research shows that median weekly earnings were highest among jobs in businesses owned by non-EU multinationals. The figure stood at €906.74 a week. This was followed by enterprises owned by EU […]

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Ireland will need to build 93,000 homes a year up to 2031 – Davy

Ireland will need to build 93,000 homes a year meet demand between now and 2031, according to a report by stockbroker Davy. The estimate is significantly higher than housebuilding targets included in the Coalition’s Programme for Government, which envisages 300,000 new homes being built between 2025 and 2030. Last year there were only 30,000 homes […]

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Positive outlook for tourism in 2025 – Fáilte Ireland

Fáilte Ireland drove over 1.2 million referrals from its website and social media channels to the booking engines and websites of Irish tourism businesses last year. The tourism body hopes to grow that number this year, as it unveils plans to drive sustainable tourism development across the country. The chief executive of Fáilte Ireland, Paul […]

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Services growth slows abruptly in January, PMI shows

The country’s services sector grew at its slowest pace in nine months in January as new export business contracted for the first time in six months and employment fell marginally, a survey showed today. The AIB Global S&P Purchasing Managers’ Index (PMI) fell to 53.4 in January from 57.1 in December, slipping below the long-run […]

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Over 500,000 people missing out on tax refunds – Revenue

More than half a million people are missing out on tax refunds, according to estimates from the Revenue Commissioners. It said that around €389m in tax may have been overpaid in 2024 and it is appealing to taxpayers to claim back what they are due. So far this year, more than 440,000 people discovered that […]

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An Post to raise price of domestic stamp by 25c to €1.65

An Post has announced that the price of a stamp will increase by 25 cent to €1.65 later this month. It said the rise takes account of wage increases for postal staff, increased operating costs, and a continuing fall in the volume of letters being posted. Letter volumes have fallen by 8% in the last […]

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