Business News
Apartments on the rise as house-building slows The number of apartments built here increased 64pc in the first three months of the year, driven by investment from so-called ‘cuckoo funds’. At the same time there has been a slow-down in the pace of new house-building, which has clocked up the slowest increase since 2013. The […]
Read MoreEU debt levels up in 2018 but debt-to-GDP ratio down Government debt levels rose in the European Union last year, according to Eurostat, but economic expansion in the region pushed the overall debt-to-GDP ratio down. The countries that use the euro had a combined debt of €9.86 trillion in 2018, up €99 billion (1%) year-on-year. […]
Read MoreLess than half of all employees have a private pension – CSO Less than half of all employees in Ireland were saving towards a pension last year, according to the Central Statistics Office. Its survey of pension coverage in the third quarter of 2018 found that 47.1% of all people in employment were contributing towards […]
Read MoreHousing completions up by over a fifth in first three months Housing completions were up by over a fifth in the first three months of 2019, according to Goodbody’s Housebuilding Tracker. It uses Building Energy Regulation (BER) data to compile its figures. The official data tracks electricity connection figures. According to Goodbody’s figures, 4,255 residential […]
Read MoreGovernment’s €300m Brexit funding scheme for SMEs opens Small and medium sized businesses here, as well as farmers, can now apply for loans under the Government’s Future Loan Scheme. The initiative aims to support strategic long-term investment in the post-Brexit environment where financing options may be restricted. Money borrowed can be use for a variety […]
Read MoreIbec expects employment growth to slow down in 2019 The organisation representing employers here has warned the biggest challenge facing business is the ongoing capacity constraints in the labour market. Ibec says the shortages will cause growth in employment to slow this year as the economy approaches full employment and firms struggle to fill vacancies. […]
Read MoreIbec expects employment growth to slow down in 2019 The organisation representing employers here has warned the biggest challenge facing business is the ongoing capacity constraints in the labour market. Ibec says the shortages will cause growth in employment to slow this year as the economy approaches full employment and firms struggle to fill vacancies. […]
Read MoreCentral Bank seeks extra power to force banks to further increase their capital The Governor of the Central Bank has written to the Minister for Finance asking him to put in place measures that would enable the regulator to force banks to hold more capital if systemic risks increase. Philip Lane said the extra capital […]
Read MoreCentral Bank seeks extra power to force banks to further increase their capital The Governor of the Central Bank has written to the Minister for Finance asking him to put in place measures that would enable the regulator to force banks to hold more capital if systemic risks increase. Philip Lane said the extra capital […]
Read MoreBooming economy sees incomes soar to record levels Household income is at a record high and continuing to grow sharply, underpinned by jobs and investment, according to a new report. In contrast to the Celtic Tiger, when notional wealth was linked in many cases to debt-funded property assets, rising incomes are underpinned by what are […]
Read More