Business News
Ibec backs introduction of carbon tax, short-term carbon budgets The largest organisation representing businesses here is backing the introduction of a rising carbon tax, as well as short-term carbon budgets that would restrict greenhouse gas emissions in particular sectors. Ibec has also called for changes to the planning system to facilitate a transition to a […]
Read MoreAverage weekly earnings up by 3.4% in Q1 – CSO New figures from the Central Statistics Office show that average weekly earnings stood at €769.98 in the first quarter of the year. This marked an increase of 3.4% from the figure of €744.76 the same time last year, preliminary estimates from the CSO’s Earnings and […]
Read MoreAverage weekly earnings up by 3.4% in Q1 – CSO New figures from the Central Statistics Office show that average weekly earnings stood at €769.98 in the first quarter of the year. This marked an increase of 3.4% from the figure of €744.76 the same time last year, preliminary estimates from the CSO’s Earnings and […]
Read MoreThe value of residential property in Ireland rose by more than €84 million every day over the past year, according to new data. In total, the value of homes here is now €510 billion, an increase of €31bn or 6% on a year earlier, the report said. “While the bulk of that comes from changes […]
Read MoreEuro zone May business growth weaker than expected – PMI Euro zone business growth accelerated a touch this month but not as much as expected, bogged down by a deepening contraction in the bloc’s manufacturing industry which is increasingly affecting service firms. Last month, European Central Bank President Mario Draghi raised the prospect of more […]
Read MoreOil prices set for 2019’s biggest weekly loss Oil rose towards $69 a barrel today after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and concerns about an economic slowdown. US crude inventories rose to hit the highest since July 2017, suggesting ample supplies […]
Read MoreConsumers spent €1.7 billion online in March New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation. In the first three months of the year, Irish people spent just over €1.7 billion using those cards […]
Read MoreMore than €8 of every €10 spent by shoppers on cards is still instore An analysis of €9 billion of retail credit and debit card transactions by AIB Bank found that 86 per cent of the purchases were made instore last year. The remaining 14 per cent occurred online, just a single percentage point increase […]
Read MorePersonal injury costs threaten retail viability Retailers have hit out at the slow pace of insurance reform. Rising personal injury awards are threatening the viability of the sector, according to Ibec’s Retail Ireland division. Large numbers of retailers will be unable to meet the rising cost of insurance premiums unless urgent reform to the compensation […]
Read MoreConsumers spent €1.7 billion online in March New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation. In the first three months of the year, Irish people spent just over €1.7 billion using those cards […]
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