Business News

Half of adults happy with current State pension age of 66

9th May 2024

One in every four adults would choose to take the State pension six years earlier, even if it meant they received €60 less a week from it, new research has found. But less than one in five said they would stay at work until they were 70 in order to get an additional €60 a […]

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Half of adults happy with current State pension age of 66

9th May 2024

One in every four adults would choose to take the State pension six years earlier, even if it meant they received €60 less a week from it, new research has found. But less than one in five said they would stay at work until they were 70 in order to get an additional €60 a […]

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Irish mortgage rates see third monthly increase in a row

9th May 2024

The average interest rate on a new mortgage in Ireland rose for the third month in a row in March to reach the highest level since 2017, new figures from the Central Bank show. Ireland had an average interest rate of 4.31% in March – the sixth highest rate in the euro zone, up one […]

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Irish mortgage rates see third monthly increase in a row

9th May 2024

The average interest rate on a new mortgage in Ireland rose for the third month in a row in March to reach the highest level since 2017, new figures from the Central Bank show. Ireland had an average interest rate of 4.31% in March – the sixth highest rate in the euro zone, up one […]

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Inflation rate slows to 2.6% in April from 2.9% in March – CSO

9th May 2024

Inflation in Ireland rose by 2.6% in the 12 months to April, according to the latest figures from the Central Statistics Office, down from the rate of 2.9% the previous month. However when energy and unprocessed foods are excluded, the inflation rate stood at 3.5%. The difference reflects the fact that consumers have benefitted from […]

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Just 13% of prospective homebuyers think over the next year a good time to buy

8th May 2024

Almost 80% of prospective homebuyers are worried about the state of the property market, new data shows. The consumer sentiment research from property website MyHome.ie reveals that just 13% believe the next year would be a good time to buy. Meanwhile, nearly half said the cost of living crisis has meant they have had to […]

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Just 13% of prospective homebuyers think over the next year a good time to buy

8th May 2024

Almost 80% of prospective homebuyers are worried about the state of the property market, new data shows. The consumer sentiment research from property website MyHome.ie reveals that just 13% believe the next year would be a good time to buy. Meanwhile, nearly half said the cost of living crisis has meant they have had to […]

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PTSB reports 10% increase in Q1 net interest income

8th May 2024

PTSB said today it had recorded a strong financial performance in the first quarter of 2024, including an increase in net interest income and a doubling of business lending. In an interim management statement today, the bank said its mortgage market share during the three months from January to March declined slightly from the fourth […]

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Over 70% of businesses plan to increase staff salaries in 2024

8th May 2024

Over 70% of businesses expect to increase salaries this year, while 40% plan to hire more staff, new data shows. The latest KPMG Enterprise Barometer reveals overall optimism among Irish businesses, with 65% expecting turnover to increase in the next 12 months However, those surveyed highlighted a number of challenges facing businesses this year, with […]

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Scammers re-target investment fraud victims promising to recover money

7th May 2024

The banking industry is warning people who have previously fallen victim to investment fraud about new scams where the fraudsters are promising to recover their lost money. The scam is particularly being targeted at people over the age of 50. The Banking and Payments Federation Ireland’s FraudSMART campaign says it is seeing growing numbers of […]

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