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The country’s services sector expanded at its fastest pace this year in March, driven by a sharp increase in new business and employment, according to a survey released today. The AIB Ireland Services Business Activity Index rose to 55.3 in March from 53.2 in February, indicating strong growth, AIB reported. A reading above 50 signals […]
Read More… from Services sector posts robust growth in March, PMI shows
European Commission President Ursula von der Leyen has said that US President Trump’s universal tariffs are a major blow to the world economy, which she said will suffer massively. Mr Trump unveiled a 10% minimum tariff on most goods imported to the United States – with a higher 20% rate for the European Union – […]
Read More… from EU chief says new US tariffs are ‘major blow to world economy’
The number of personal injuries claims submitted to the Injuries Resolution Board last year rose by 1% to 20,318 when compared with 2023 – but still remain well below pre-pandemic levels. According to the board’s personal injuries and awards report for 2024, the volume of claims is down by 35% on what was seen in […]
Read More… from Small rise in claims submitted to injuries board in 2024
New figures from the Central Statistics Office show that the unemployment rate rose slightly to 4% in March from a record low of 3.9% a month earlier. The jobless rate in February had matched the previous record low recorded between October 2000 and April 2001 in the early days of the ‘Celtic Tiger’ boom. The […]
Read More… from Unemployment edges up from record low to 4% in March – CSO
European Commission President Ursula von der Leyen has warned “all options are on the table” in response to US President Donald Trump’s tariffs threats, saying while the EU does not want an economic conflict it has the “power to push back”. Speaking at the European Parliament’s plenary session in Strasbourg, France, in a debate where […]
Read More… from ‘All options are on the table’ in US tariffs response – EU chief
Most low-income households had to make high-risk changes to their finances to cope with the cost of living crisis, according to the latest ESRI research. Typical changes included entering arrears, taking on more debt, or eating into savings. The research, conducted by the ESRI’s Behavioural Research Unit, said such decision are linked to damaging long-term […]
Read More… from Low earners took on debt to cope with cost of living – ESRI
The price of gold has been rising on global markets to near record highs. This time last year, gold prices on international markets were trading at below $2,000 (€1,848) per troy ounce. Now they are above $3,000 and predicted to rise further. Gold is often seen as a safer investment when there are political and […]
Read More… from Price of gold rises to near record high as US tariffs loom
The net wealth of Irish households has reached €1.2 trillion, of which €812 billion is property wealth The new Goodbody Guide to Inheritance and Estate Planning, published today, aims to help people manage the efficient transfer of wealth to the next generation. The report highlights how wealth is unevenly distributed across households with 49% of […]
Read More… from Irish household’s net wealth reaches €1.2 trillion
The new legal requirement for motorists to provide their driver number when renewing or taking out motor insurance is in effect. It is now an offence for any insurance provider or broker to issue motor insurance to anyone if the driver numbers for all the named drivers on their policy are not provided. Drivers who […]
Read More… from Driver number needed for new car insurance from today
Minister for Housing James Browne is to allocate €436m for social housing needs this year. This includes capital funding allocations of €325m to be used by local authorities for the second-hand social housing acquisitions programme. €111m has also been allocated for 82 new social housing projects which will provide over 1,300 newly built homes, delivered […]
Read More… from Minister to allocate €436m for social housing needs
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