Business News
The number of new homes which have commenced construction in September was 28% higher than in the same period last year. Figures published by the Department of Housing show that 26,106 Commencement Notices were recorded in September. The figure for the three Dublin local authorities was 8,714 (up 23%), while the Mid-East Region comprising counties Meath, […]
Read MoreThe rate of rental inflation dropped to its lowest level in six years in the third quarter of this year, the latest report from property website Daft.ie shows. Daft said that the average rent across the country rose by 5.2% – the smallest increase since the second quarter of 2013. However the average monthly […]
Read MoreThe UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing. Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]
Read MoreThe annual cost of owning and maintaining a family home has risen by over €1,000 a year, with the average homeowner now spending over €17,000 on their home. This is according to the latest “Cost of Running a Home” analysis from AA Home Insurance. Research from the insurance intermediary has found that the cost of […]
Read MoreEuro zone business activity stagnated in October as demand withered, according to a downbeat survey published today just hours before European Central Bank President Mario Draghi makes his swansong appearance. The ECB last month cut its deposit rate deeper into negative territory and said it would revive its bond-buying programme indefinitely to cut borrowing costs […]
Read MoreThe DAA said it was “hugely disappointed” after the Commission for Aviation Regulation (CAR) issued a final determination that sees a cut to maximum passenger charges at Dublin Airport over the next five years. But the CAR has insisted that reduced passenger charges at the gateway will still enable it to secure sufficient revenue to […]
Read More77% of companies here plan to increase pay in 2020, a new survey from employers’ group Ibec shows. The survey of over 400 firms was carried out in advance of Ibec’s HR Leadership summit today. The average increase is expected to be of the order of 2.5%, similar to last year’s survey. 22% of companies […]
Read MoreNew figures from the Central Bank reveal that while household debt continues to decline here, it remains the fifth highest in the EU. The Central Bank’s Household Credit Market Report for 2019 said that household debt stood at €136.9 billion, or €28,186 per person, in the first quarter of 2019. This compares with a level of […]
Read MoreThe tax deadline for self-assessed taxpayers is at the end of the month. It is that time of the year for self-employed and other self-assessed taxpayers to get their affairs in order before the October 31 filing deadline. Unlike Brexit, it is a firm deadline, unless you are filing online in which case the deadline […]
Read MoreUK officials will prioritise the flow of goods into the UK over customs payments and paperwork in the event of a no-deal Brexit. That is according to a UK government official, who said it would be possible for hauliers and others moving goods into Britain to complete customs declarations and pay duties afterwards rather than at […]
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