The price of an average three-bed semi detached house has risen above €200,000 for the first time since the financial crash, new research has shown. Countrywide the average three bed semi costs €200,093, an increase of €4,732 since...
Read MoreLocal authority votes against reducing Local Property Tax rates for 2017
ONE of Ireland’s largest local authorities has opted not to reduce its Local Property Tax (LPT) rate for 2017 amid concerns over the funding shortfall it would create. Cork Co Council rejected proposals by both Fianna Fáil and Sinn...
Read MoreJobs boost as Wayne Metals and WP Engine create 140 new roles
Two companies are to create 140 new jobs over the next five years in the areas of technology and medicine. Software firm WP Engine has opened a new technical support and innovation centre in Limerick, which will lead to the create of 100 new jobs...
Read MoreIreland to avoid EU €280m ‘leprechaun economics’ penalty
Ireland will escape being hit with an extra €280m in EU budget contributions due to the 26pc spike in the country’s wealth which was dubbed “leprechaun economics”. The huge surge in Gross Domestic Product (GDP) caused by...
Read MoreIs Google set to buy Twitter in multi-billion euro deal?
TWITTER shares soared over 18% on reports that tech giants including Google are circling the social media site. Twitter is said to be in talks with several companies and could receive a bid soon, business broadcaster CNBC reported, citing...
Read MoreIreland cuts 2016 GDP forecast ahead of ‘Brexit-proof’ budget
Ireland has shaved 0.5pc off its growth forecast for 2016 as well as 2017 ahead of a budget due next month that will aim to “Brexit-proof” the economy from further damage, the minister for public expenditure said on Thursday. Ireland...
Read MoreRevealed: Where the cheapest and most expensive houses are being sold
CASH buyers of properties pay less, a new official survey shows. Prices rose by 6.7pc in the year to July, the Central Statistics Office said. The CSO had revamped its property price index to include cash purchases for the first time. It...
Read MoreIconic Portobello House has been sold for €10m
The iconic Portobello House at the top off Lower Rathmines Road Dublin 8 has been sold along with an adjoining sire for €10m, it is understood. According to a report in The Irish Times, the Georgian House, which sits on the edge of the Grand...
Read MoreExport boom fades as ESRI says growth fuelled by Irish spending
Domestic spending has overtaken exports as the key driver of growth in the Irish economy, according to the latest research from the ESRI. It’s a shift compared to the earlier phase of the Irish recovery which was driven largely by a surge...
Read MoreTheresa May meets with Goldman, Amazon, IBM to discuss post-Brexit investment
British Prime Minister Theresa May met business chiefs from firms including Goldman Sachs, IBM and Amazon.com on Monday in an attempt to reassure investors after her country’s shock vote to leave the European Union. The June 23 vote took...
Read MoreMichael O’Leary tells UK: ‘The world will want to screw you’
Ryanair boss Michael O’Leary has rubbished British Government claims it will secure favourable trade deals post-Brexit, insisting the UK will be “screwed” in negotiations. The outspoken Remain campaigner said most of the Cabinet...
Read MoreJobs boost as healthcare firm Fazzi to create 300 new roles in next five years
US healthcare company Fazzi has opened a new coding and health services firm in Limerick and aims to create 300 new jobs over the next five years. Medical coding is a regulated process that changes the likes of diagnoses, treatments and...
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