Here are the 10 things we now know about Brexit… that we didn’t know a month ago. 1 Bookies and money markets also get things horribly wrong Opinion polls were discredited in Britain during the 2015 general election. They predicted a...
Read MoreCentral Bank cuts growth forecasts after Brexit vote
The Central Bank has revised down its growth projections for the Irish economy this year and next year on the back of Brexit. Irish GDP growth will be 0.2 percentage points lower this year than initially thought, and 0.6 percentage points lower...
Read MoreCentral Bank to beef up security at south Dublin currency centre
The Central Bank is planning an €8.5 million revamp of its south Dublin currency centre to modernise the complex and boost security. The Sandyford-based facility was constructed in the late 1970s and was designed to house the printing...
Read MoreCash buyers are king – as 60pc of purchasers don’t need a mortgage
Cash buyers are dominating the housing market, with new figures showing that the proportion of such buyers has shot up – they now account for six out of 10 house and apartment purchases. Experts said that this indicated a highly...
Read MoreHibernia ‘optimistic’ on Dublin market following Brexit vote
Property firm Hibernia REIT has said it is too early to predict the impact Britain’s departure from the European Union will have on Dublin’s real estate market. This morning Hibernia announced it had leased the remaining 30,000 sq ft...
Read MoreDundrum owner Hammerson says UK property market facing uncertainty after Brexit vote
Shopping centre landlord Hammerson said the impact of Britain’s decision to leave the European Union on property valuations was still unknown, but the lettings and investment markets were facing a period of uncertainty. The company, which...
Read MorePublic wants referendum on TTIP – poll
The vast majority of Irish people want a referendum on the proposed US-EU free trade deal if it looks like it could become law, a survey suggests. They also want a similar poll on Europe’s planned trade agreement with Canada, according to...
Read MoreBanks taking centre stage after Brexit
Central banks from Washington to Tokyo take centre stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the European Union. As they wait for political...
Read MoreIrish business confidence slumped in run-up to UK vote
Business confidence across the island dropped “dramatically” in the first half of the year, as firms awaited the outcome of the UK referendum, a survey shows. The latest Global Economic Conditions Survey for the second quarter, from...
Read MoreEnterprise Ireland on post-Brexit trade blitz
Enterprise Ireland has beefed up the number of international trade missions for the remainder of its year in the wake of Brexit, with 26 ministerial-led trips set to take place. The full programme of events – 68 in total – includes...
Read MoreUK economy shrinking at fastest rate since financial crisis post Brexit vote, services PMI shows
Britain’s economy appears to be shrinking at the fastest rate since the financial crisis in the wake of last month’s Brexit vote, according to a business activity index that posted the biggest drop in its 20-year history. An early...
Read MoreCentral Bank for sale with €60m price tag
The Central Bank is to put its headquarters on Dame Street and two other premises on Dublin’s College Green on the market in the coming months, with sources estimating they could fetch upwards of €60m. The bank expects to be able to...
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