Business News
Exchequer broadly on track in April as deficit falls Figures released by the government show that the exchequer recorded a deficit of just under €3.2 billion at the end of April, €238 million lower than at the same period last year. Revenue from taxes came in broadly at the level that it was expected to, […]
Read MoreECB still has ammunition left to fight recession – Lane The European Central Bank’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, the ECB’s incoming executive Board member Philip Lane has said. Investors fear the ECB’s window to potentially raise interest rates has closed, meaning it has little in its […]
Read MoreECB still has ammunition left to fight recession – Lane The European Central Bank’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, the ECB’s incoming executive Board member Philip Lane has said. Investors fear the ECB’s window to potentially raise interest rates has closed, meaning it has little in its […]
Read MoreThe country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks of finished goods. The economy has weathered the uncertainty created by the June 2016 vote. […]
Read MoreThe country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks of finished goods. The economy has weathered the uncertainty created by the June 2016 vote. […]
Read MoreIrish banks have higher concentration of property loans than European peers – Central Bank Central Bank shows that Irish banks have a higher concentration of property lending than their European peers – with the concentration mainly in residential property. But in a Financial Stability Note, the Central Bank said the banking system here has increased […]
Read MoreEuro zone Q1 economic growth stronger than expected, unemployment falls The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, new data showed today. Meanwhile, unemployment in the euro zone fell to its lowest in more than a decade, the data also revealed. […]
Read MoreUnemployment rate remains at 5.4% in April – CSO New Central Statistics Office figures show that the country’s unemployment rate remained at an 11-year low of 5.4% in April. The CSO said the seasonally adjusted number of people who were without a job stood at 129,700 in April, a decrease of 10,200 when compared to […]
Read MoreHigh housing costs key driver of wage demands, conference told HIGH rents and housing costs are driving wage demands that have become the biggest single challenge facing businesses, according to Kevin Sheridan, managing director of Sheridan Cheesemongers. “Rising wages puts pressure on staff numbers and has a ripple effect through the business – I think […]
Read MoreTHE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform said there was still a need for major changes in the insurance and legal sectors. […]
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