Category: Business News

Dublin Airport looks set to breach its cap of 32 million passengers this year, its operator daa has warned. In a statement this morning. the company said that despite efforts to dampen airline demand, it now forecasts that passenger numbers in 2024 will be closer to 33 million. Daa said 3.46 million passengers went through […]

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The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the last budget ahead of the general election. The Irish Fiscal Advisory Council (IFAC) has warned that ministers are “needlessly” adding pressure to the economy by repeatedly breaking […]

Read More… from Government warned by IFAC over management of public finances

A new Government commissioned report has called for the establishment of a forum of senior representatives from departments and bodies to focus on further reducing mortgage arrears. The forum should meet twice a year to oversee the implementation of the Mortgage Arrears Review Group’s recommendations and to recommend any necessary measures needed to tackle the […]

Read More… from Report recommends forum of state bodies to tackle mortgage arrears issue

Complacency about future business growth is a key risk facing the country ahead of the next general election. That’s the view of employers’ representative organisation, Ibec, which launched its election manifesto ahead of the next national vote, the date of which has yet to be decided or disclosed. Ibec says the current strength of Ireland’s […]

Read More… from Ibec warns against complacency ahead of general election

Climate pollution from Ireland’s electricity sector is now at its lowest level for decades, according to new figures from the Sustainable Energy Authority of Ireland. The data shows greenhouse gas emissions from electricity generation fell by 17.2% in the first six months of this year, on top of a separate 8% reduction last year. The […]

Read More… from Electricity sector climate pollution at lowest in decades, says SEAI

The Central Statistics Office said today that its Census Pilot Survey will take place in 44 locations across the country during September. Census 2027 will be the first census in Irish history where the public will have the option to complete their census form online. The CSO is conducting the Census Pilot Survey to test […]

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Just over 15,000 new electric vehicles have been sold so far this year, down over 25% on the same period last year. The latest figures from the Society of the Irish Motor Industry (SIMI) reveal that 1,259 new EVs were registered last month, down over 29% on August last year. The Volkswagen ID.4 has been […]

Read More… from New electric vehicle sales down over 25% so far this year

Chartered Accountants Ireland and CPA Ireland have started to operate as one institute under the Chartered Accountants Ireland brand. Members of the two Irish-based accountancy bodies first voted on an amalgamation proposal in February. A majority of members voted in favour of uniting the two organisations to create a single institute to better represent the […]

Read More… from Chartered Accountants Ireland and CPA Ireland finalise amalgamation

Inflation in Ireland is continuing to ease, according to the latest figures from the Central Statistics Office. The EU Harmonised Index of Consumer Prices (HIPC) is estimated to have increased by 1.1% in the 12 months to August and is up 0.1% since July. This compared to 1.5% in the 12 months to July when […]

Read More… from Annual inflation falls to 3-year low of 1.1% – flash data

The wholesale cost of electricity rose 3% in the month to July, new data from the Central Statistics Office shows. It meant that prices were 15.3% higher than they were in July of last year. However, prices are still 58.5% lower than they were in July of 2022, when they were still being severely influenced […]

Read More… from Annual wholesale electricity prices up over 15% in July – CSO