The Central Bank has downgraded Irish growth slightly for this year because of a slowdown internationally. GDP is expected to increase by 4.5pc this year, 0.4 percentage points slower than previously expected. The projection for 2017 remains...
Read MorePwC says companies now over initial Brexit shock
Auditing and corporate advisory firm PwC believes companies have overcome the initial shock of Britain’s vote to leave the European Union and are getting on with preparing for the changes that lie ahead, the firm said on Tuesday. “I...
Read MoreUnemployment rate falls to 172,000
Unemployment in Ireland fell to 7.9pc last month, down from 8.2pc figure for August. Overall, there was a 7,300 reduction in the amount of registered unemployed last month, with the national figure for those out of work now standing at 172,900...
Read MoreRevealed: How long it takes to get a deposit for a mortgage
SURGING rents and the Central Bank lending rules mean it now takes up to four years to save for a deposit to get a mortgage for a Dublin property. And Dublin buyers now need up to €40,000 more in a deposit than they did two years ago to...
Read MoreStudent loan firm to enter Irish market
US venture capital heavyweight Mark Stevens – who oversaw early-stage investments in firms such as Google and PayPal – has taken a stake in Ireland-based student loan provider Future Finance, underpinning the Dublin firm’s plans...
Read MoreAryzta boss Killian has €960k performance bonus ‘withheld’
Swiss Irish food group Aryzta has withheld the €958,000 performance related bonus of its chief executive Owen Killian. The bonus has been withheld until the “resumption of growth in underlying fully diluted earnings per share”...
Read MoreWiFi firm Casa to create 50 new jobs over next three years
Broadband access company Casa Systems has established operations in Limerick with the aim of creating over 50 new jobs in the next three years. The firm’s new Irish offices will act as a base for its non-US activity. Initial operations in...
Read MoreEuropean Investment Bank opens first Irish office
The European Investment Bank (EIB) is to open it first Irish office later this year. The plans were confirmed by EIB vice president Andrew McDowell, who was Enda Kenny’s economic advisor until he was appointed to the €270,000 a year...
Read MoreElectricity and gas prices: householders to benefit from string of price cuts
HOUSEHOLDERS are set to benefit from a string of price cuts, and new discounts being offered by one of the leading suppliers. But there are warnings that these could be the last of price reductions for a while, as oil prices have started to rise...
Read MoreMail newspaper group axing 400 jobs amid falling advertising sales
The owner of the Daily Mail and The Mail on Sunday is axing 400 jobs as it battles against plunging advertising sales. Daily Mail and General Trust (DMGT) said the staff cuts were being made group-wide as part of an overhaul under new chief...
Read MoreEconomic impact of Brexit on Ireland will be ‘negative and material’, central bank warns
The exact economic impact of Brexit on Ireland will be “negative and material,” both in the short-term and in the longer term, according to the deputy governor of the Central Bank. Speaking at an event in Dublin organised by the...
Read MoreTrump email series attacks Hillary Clinton over links to Denis O’Brien and Irish Government
The campaign of Republican Presidential nominee Donald Trump has dragged Denis O’Brien and the Irish Government into his attacks on Hillary Clinton. Mr O’Brien was the focus of a lengthy email which was issued to the media last night...
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