Business News
The UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing. Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]
Read MoreThe annual cost of owning and maintaining a family home has risen by over €1,000 a year, with the average homeowner now spending over €17,000 on their home. This is according to the latest “Cost of Running a Home” analysis from AA Home Insurance. Research from the insurance intermediary has found that the cost of […]
Read MoreExchequer figures for the month of October show that Government tax revenues for the first ten months of the year running slightly ahead of target. Total tax revenues stood at €44.973 billion at the end of October, which was €706m or 1.6% ahead of target. Government spending stood at €43.224 billion. Compared to the […]
Read MoreMorale among investors in the euro zone jumped in November to its highest level since June on signs of an economic upswing in Asia and resilience in the US economy, a new survey showed today. The Sentix research group said its investor sentiment index for the euro zone rose to -4.5 from -16.8 in October, […]
Read MoreConsumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today. While the economy here has remained the fastest growing in the EU throughout three years of Brexit talks, consumer confidence took a hit in recent months as […]
Read MoreMore than a third of firms across the island of Ireland say Brexit is already having an adverse impact. This is according to the latest all-Island business monitor from InterTrade Ireland. With continued uncertainty around what the UK’s exit from the European Union will look like, 28pc of cross-Border traders have implemented steps to lessen […]
Read MoreCampaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. But they say further moves and greater transparency are needed to reassure consumers and bring down premiums. The Alliance for Insurance […]
Read MoreAn agreement on how to resolve disputes between lenders and distressed mortgage holders has been reached between two leading agencies. MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it will help consumers who are struggling with mortgage debt. The agreement extends to so-called vulture […]
Read MoreManufacturers reported an improvement in business conditions during October, following four months of steady decline. The latest AIB Manufacturing Purchasing Managers’ Index has recorded growth in new orders and output, with employment also improving in the month. It marks the first improvement since May, with the headline PMI rising three points on September’s reading to […]
Read MoreNew rules to improve transparency on motor insurance pricing are coming into force. From today, the Central Bank rules will force insurance companies to provide more detail to customers when they are being sent motor insurance renewals. When a consumer receives their motor insurance renewal, their insurance company is obliged to inform them what the […]
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