Business News
Construction activity growth quickens in April despite Brexit concerns Construction activity rose sharply last month with April marking the 68th consecutive month of stronger construction activity in Ireland. The Ulster Bank Construction Purchasing Managers’ Index – which tracks changes in total construction activity – rose to 56.6 in April up from 55.9 in March. Ulster […]
Read MoreRevenue collected 26% more corporation tax last year The amount of corporation tax collected by the state last year increased by 26% to €10.4 billion, according to the Revenue Commissioners’ annual report. The increase was driven by higher payments from manufacturing companies and increased payments from big multinational companies. The report also shows that the […]
Read MoreUK economy expands on Brexit stockpiling The UK economy grew by 0.5% in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed today. British gross domestic product expansion outpaced the 0.2% seen in the final three months of 2018, the Office for National Statistics said in a statement. The ONS added […]
Read MoreUK economy expands on Brexit stockpiling The UK economy grew by 0.5% in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed today. British gross domestic product expansion outpaced the 0.2% seen in the final three months of 2018, the Office for National Statistics said in a statement. The ONS added […]
Read MoreAnnual inflation hits seven-year high of 1.7% in April – CSO Inflation hit a seven-year high of 1.7% in the year to April, new figures from the Central Statistices Office figures show. Today’s CSO figures are a sign of significant consumer price growth in the country after four years as European Union’s best performing economy. […]
Read MoreIrish savers still earn the lowest return on their deposits across the Euro zone Saver with €10,000 earns average of just €3 in Ireland – compared with €122 in the Netherlands It’s not getting any better for Irish savers. In fact, it could be getting worse. New figures show that Irish savers continue to earn […]
Read MoreIrish savers still earn the lowest return on their deposits across the Euro zone Saver with €10,000 earns average of just €3 in Ireland – compared with €122 in the Netherlands It’s not getting any better for Irish savers. In fact, it could be getting worse. New figures show that Irish savers continue to earn […]
Read MoreEuropean shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US […]
Read MoreIrish and Spanish bond sales could underline move away from ‘periphery’ Irish and Spanish borrowing costs were close to record lows today ahead of planned bond sales that could well cement their move away from the “periphery”. This is a phrase used to describe the lower-rated and more volatile euro zone bond markets. Even though […]
Read MoreChina’s exports fall ahead of crucial trade talks China’s exports fell more than expected in April while imports rose, official data showed today ahead of high-stakes talks aimed at resolving a trade war with the US. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week following […]
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