Category: Business News

EU leaders are meeting for a second day in Budapest to discuss the European economy and its competitiveness, as the continent continues to take stock of Donald Trump’s victory in the US presidential elections. Leaders at the European Political Community summit will hear from Mario Draghi, the former ECB president, whose recent report on competitiveness […]

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Vulnerable adults are being urged to keep control of their own money as much as possible, including those with decision-making and capacity challenges. Almost a third of adults in Ireland (30%) have experienced financial abuse according to figures released by Safeguarding Ireland. In a RED C survey, the majority of those who experienced this type […]

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The rate of inflation rose by 0.7% in the 12 months to October 2024, according to the latest Central Statistics Office figures. There was a significant fall in energy prices over the past year. Electricity prices were down 16%, gas fell 18%, petrol dropped 8% and diesel was down 12%. However, prices in restaurants and […]

Read More… from Inflation rate steady at 0.7% again in October – CSO

The Electricity Association of Ireland has published a report outlining a policy and investment pathway for the decarbonisation of the sector, which it says will play a critical role if Ireland is to achieve its climate goals. It projects investment of close to €2bn annually in electricity grid reinforcement, renewal and resilience is needed to […]

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The dollar soared today and was set for its biggest one-day rise since March 2020 after Republican Donald Trump won the US presidential election, while the euro, Chinese yuan and Mexican peso were among the biggest losers on potential new tariffs in the regions. Trump beat Democrat Vice President Kamala Harris to retake the White […]

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The unemployment rate rose slightly to 4.2% in October from a near-record low of 4.1% a month earlier, new figures from the Central Statistics Office showed today. The unemployment rate for September was revised down from a provisional reading of 4.3%, the CSO said. Today’s CSO figures show that the jobless rate for men in […]

Read More… from Unemployment rate rises slightly to 4.2% in October – CSO

The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The figures are contained in the National Cyber Security Annual Update 2023 which was published today. According to the report, the vast majority of incidents were categorised as […]

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Strong demand for car loans propelled the value of personal loan drawdowns to the highest level recorded during the second quarter of the year. In total 60,674 loans worth a total of €641m were provided during the April to June period. That was up 7.6% in volume and 18.9% in value, when compared to the […]

Read More… from Personal loan drawdowns hit highest level ever in second quarter