Business News

Pay-as-you-go energy provider PrepayPower has announced a price freeze for its electricity and gas customers for the winter months. The company said it will not increase prices until March 1 – at the earliest. PrepayPower has 240,000 customer accounts comprising 180,000 electricity and 60,000 gas accounts. Its CEO Cathal Fay said the company has taken…

The domestic economy will grow by 3.2% this year and 2.6% in 2026, according to a forecast by consultancy EY. It estimated that Gross Domestic Product, which includes impact from multinationals, will rise by 9% this year. The GDP figure has partly been driven by exceptionally strong exports as multinationals raced to beat the imposition…

Minister for Transport Darragh O’Brien is expected to seek Cabinet approval tomorrow to legislate for the removal of Dublin Airport’s 32 million a year passenger cap. It is understood that his memorandum to Government is critical of the DAA, which is charged with operating and developing the airport. The Programme for Government contains a commitment…

President Donald Trump said today he would impose a 100% tariff on all films produced overseas that are then sent into the US, repeating a threat made in May that would upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectionist trade policies into cultural industries, raising uncertainty for studios that depend…

Job turnover at Irish workplaces has surged to a record high, according to a new survey from Microsoft Ireland. The Work Trend Index shows that 38% of respondents said they have moved roles, up from 23% last year and 19% in 2023. The most prominent reasons cited for changing employers included work-life balance, well-being, issues…

The Minister for Finance has said that “no decisions” have been made on changes to the carers allowance in this year’s budget. Minister Paschal Donohoe said however that “it is a matter that is important to the Government and we are working collectively with regard to that”. He said how the Government supports carers “has…

Thousands of American tourists have come to Dublin this weekend to watch the Pittsburgh Steelers challenge the Minnesota Vikings in Croke Park. It is the first time ever that an official NFL (National Football League) regular season game will take place in Ireland. Ireland has hosted seven college American football games since 2012 but this…

Spending money wisely is perhaps one of the most important jobs for any government. In Ireland there are three big expenditure categories which absorb more than half of all taxes collected every year: Social Protection, which accounts for 22% of spending, Health (21%) and Education (10%). Housing, which the Government says is its top priority,…

US President Donald Trump has signed an executive order declaring that his plan to sell Chinese-owned TikTok’s US operations to US and global investors will address the national security requirements in a 2024 law. The new US company will be valued at around $14 billion, Vice President JD Vance said, putting a price tag on…

The number of mortgages approved last month was down 17% on the figures for July. The latest Banking and Payments Federation Ireland (BPFI) Mortgage Approvals Report also shows that there was 2.5% reduction in approvals in August compared to the same month last year. The report shows 4,536 mortgages were approved in August 2025. First-time…