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Interest rates are expected to be cut by 0.25% by the European Central Bank today. If a reduction is announced it would immediately benefit tracker mortgage customers. The cut will reduce rates from 3.25% to 3% in the eurozone. It would be the bank’s fourth decrease so far this year. The move is in response […]
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Demand for green talent in Ireland grew by over 22.1% last year, well above the global average of 11.6%, according to research. The latest Labour Market Pulse published by IDA Ireland in collaboration with Microsoft and LinkedIn shows that demand for green skills in Ireland grew at twice the rate of the rest of the […]
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Irish property prices are overvalued by 8% to 10%, according to the Economic and Social Research Institute (ESRI) in its latest Quarterly Economic Commentary. The organisation analysed the value of houses and apartments taking into account prices, disposable incomes, interest rates, the supply of housing and the ratio of population in the key house purchasing […]
Read More… from House prices overvalued by 8-10%, ESRI warns in latest economic update
Energy-related greenhouse gas emissions from transport, electricity, and heat fell 8.3% last year, according the latest report from the SEAI. They are now at their lowest level for 30 years. Energy emissions have also fallen in seven of the last ten years. The Sustainable Energy Authority of Ireland is calling for energy use in carbon-intensive […]
Read More… from Energy-related greenhouse gas emissions down 8.3% in 2023
New figures from the Central Statistics Office show a 25% decrease in the number of electric cars licensed for the first time during the first 11 months of this year compared to the same time in 2023 – continuing the trend of the last few months. The CSO said that 15% of all new cars […]
Read More… from 25% fall in new electric car sales so far this year – CSO
Bank of Ireland said it was seeing an increase in spending on its customers’ debit and credit cards as the countdown to Christmas is in full swing. The bank’s latest debit and credit card spending shows there has been a 30% increase in spending in early December compared to the same time last year. It […]
Read More… from Bank of Ireland sees 30% rise in Christmas debit and credit card spending
Power generated from wind farms met 32% of the country’s electricity demand over the first 11 months of 2024, new figures from Wind Energy Ireland shows. Wind Energy Ireland’s latest monthly wind energy report shows that despite a drop in wind power generation compared to previous Novembers, strong winds during the second half of last […]
Read More… from Wind farms generated 32% of electricity so far in 2024
Almost three quarters of Irish employers plan to recruit for permanent roles in 2025, according to new research, an 11% decline compared to 2024. The report, which was commissioned by recruitment firm Hays Ireland, found that 57% of Irish employees said that they are planning to find employment in a company that offers remote working […]
Read More… from Three quarters of Irish employers planning to recruit in 2025 – report
Confidence in the manufacturing sector remains steady, with 70% of firms expressing a positive outlook at both national and enterprise level. That’s according to this year’s Manufacturing in Ireland report by Ibec, entitled,”Facing Forward: Manufacturing Confidence Amidst Evolving Challenges”. Challenges persist, however, particularly rising operational costs related to wages, raw materials, and energy. Despite these […]
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New research from hiring platform IrishJobs shows that workers in the construction industry were among the most in-demand professions in 2024. It comes as the sector continues to face a growing skills shortage. Site managers were the most sought-after profession by employers in 2024, with demand growing 39% year-on-year. According to the research, the five […]
Read More… from Construction jobs most in-demand roles this year
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