Business News

Household debt is now at its lowest level since 2005, and is over 30pc lower than its 2008 peak, according to the latest accounts from the Central Bank of Ireland (CBI). During the three months to 30 June, household debt fell by €0.9bn to €141.7bn, which equates to 141.6pc of disposable income. Meanwhile household investment […]

One of the country’s biggest employers of new graduates has been forced to introduce interest-free loans to help new recruits secure rental accommodation in Dublin. The country managing partner at accounting and advisory giant EY, Mike McKerr, has told the Irish Independent that his firm is providing the interest-free loans on flexible terms to graduate […]

Q – I run a butcher shop and while I have ample parking at my shop, lots of people in the area still don’t know I am here, how can I increase awareness? A – We can talk about the practical marketing tools you can use in a moment, but I want to reflect on […]

There is a “huge opportunity” for Ireland to be at the leading edge of the emerging cyber-security industry, Tánaiste and Enterprise Minister Frances Fitzgerald told delegates at a leading industry conference in Dublin yesterday. The cyber-security industry employs around 6,000 people here, and the top five worldwide security software companies have operations in Ireland, Minister […]

Sterling has jumped to a four- and-a-half month high against the euro amid stronger manufacturing data out of the UK. It comes ahead of a much anticipated Bank of England meeting today in which governor Mark Carney is expected to announce the bank’s first interest rate rise in a decade. The pound hovered above the […]

Working from an island, as exporters do in Ireland, forces us to be more competitive than companies in markets we sell to. Products and services that businesses develop here must offer customers more value than those of competitors. Irish exporters can’t just be good, they must be better. Last month, a milestone in achieving that […]

If your loan is sold to a vulture fund or another bank all of the original contracts remain the same – though that includes the obligation to make repayments. AIB isn’t selling residential home loans, which carry special protections. While the legal situation doesn’t change, the lender’s approach can. In some cases vulture funds are […]

If your loan is sold to a vulture fund or another bank all of the original contracts remain the same – though that includes the obligation to make repayments. AIB isn’t selling residential home loans, which carry special protections. While the legal situation doesn’t change, the lender’s approach can. In some cases vulture funds are […]

If only there was a simple formula for predicting market crashes, we’d all get rich. (Well, those who knew it would). But there isn’t. Except that, just maybe, there might be when it comes to housing. A tall claim – and one I don’t intend betting money on. Even if I were legally entitled to […]

If only there was a simple formula for predicting market crashes, we’d all get rich. (Well, those who knew it would). But there isn’t. Except that, just maybe, there might be when it comes to housing. A tall claim – and one I don’t intend betting money on. Even if I were legally entitled to […]