The German economy had a decent start to the second quarter but its growth pace is likely to slow during the course of the April-June period, the economy ministry said on Friday. Europe’s largest economy was on a solid growth path, the...
Read MoreInterest in Irish loans is waning says Nama dealmaker
IT is getting much more difficult to sell Irish loan portfolios to international investors as interest in the country wanes, according to one of the most important figures in the property industry. Cushman & Wakefield head of European loan...
Read MoreBank of Ireland to resist variable interest rate cut as AIB reduces rate to 3pc
BANK of Ireland is to hold firm and resist attempts to cut its variable rate. But AIB will reduce its variable rates to 3pc for all customers, while Permanent TSB will cut its rate to the same level for new customers. There will be a reduction in...
Read MoreInflation up as car, health and home insurance costs increase
THE cost of insuring cars and commercial vehicles has gone up again. Motor insurance premium rates were 35.2pc higher in May compared with the same month last year. The figures, which have been just released from the Central Statistics Office...
Read MoreOil hits eight-month highs on U.S. inventory draw
Oil prices rose for a third day to hit their highest in about eight months on Wednesday, boosted by industry data showing a larger-than-expected drawdown in US crude inventories, worries about attacks on Nigeria’s oil industry and strong...
Read MoreState tipped to offload AIB and Bank of Ireland shares
The Government will potentially sell shares in both AIB and Bank of Ireland next year, specialist bank Investec has said. Finance Minister Michael Noonan has said the sale of no more than 25pc of AIB will take place next year, but there are no...
Read MoreFiscal Council says State needs extra €6bn over next five years
The Government will need an extra €6bn over the next five years just to maintain current spending needs, the State’s budgetary watchdog has said. That’s over half the projected amount of money the Government has estimated is...
Read More1,700 homes promised a year ago – not one has been built
Local authorities have failed to build any of the 1,700 ‘shovel-ready’ social houses promised more than a year ago. Architects and design teams are only now being appointed for some developments – 13 months after the previous...
Read MoreRyanair ranked ninth biggest airline in world on Forbes list
RYANAIR has been ranked the ninth biggest airline in the world in the Forbes list. Ranked at number 742, the biggest airline on the list was Delta followed by United Continental Holdings. Aer Lingus and BA owner was third and Lufthansa was fourth...
Read MoreDomino’s Pizza tapping in Euro 2016 takeaway market with creation of 600 jobs here
DOMINO’S Pizza is tapping into the Euro 2016 and Olympics markets with the creation of 600 jobs in Ireland and 10,000 roles in run-up to games. It is also creating 400 jobs in Northern Ireland with the majority of the roles being created...
Read MoreRising rents and political uncertainty limits savings
Level of people who felt it was a good time to save fell in May to lowest point since 2015 The level of people who felt it was a good time to save fell in May to its lowest point since December 2015, according to the Nationwide UK (Ireland)...
Read MoreRising rents and political uncertainty limits savings
The credit union at the centre of a fraud allegation had fake loans and two sets of deposit books. Rush Credit Union is now under investigation by the gardaí and forensic accountants appointed by the board of Rush Credit Union, on the...
Read More