Our ‘Phoenix’ economy will be more myth than miracle if wages don’t rise with rents

You may not have noticed it but you are living through an economic miracle – apparently. The chief economist of the Central Bank, Gabriel Fagan, introduced the country to a new economic term last week called a “Phoenix Miracle” which […]

Unemployment rate ‘to fall below 6pc’ by the end of the year

The unemployment rate is due to fall below 6pc by the end of this year, according to updated Government forecasts.

New rules may make switching mortgages easier

The Central Bank said it was considering imposing new rules on banks to make it easier for mortgage-holders to switch to another lender to reduce the cost of their repayments.

Providence reports €20.5m loss as exploration firm looks to new oil prospects

Providence Resources has announced losses of €20.5m for 2016 while operating losses for the period were €18.8m, an increase of €5.7m from 2015.

Record level of data privacy complaints made to Data Protection Commissioner

There has been a record number of data privacy complaints in Ireland over the last year, new figures from the Office of the Data Protection Commissioner show.

€500,000 pay cap could be waived for new BoI boss

FINANCE Minister Michael Noonan has indicated that he won’t block Bank of Ireland offering more than the €500,000-a-year pay cap to attract a replacement for outgoing CEO Richie Boucher.

No EU country has claimed on €13bn Apple tax – Noonan

No European country has made a claim on the back taxes that Apple allegedly owes to Ireland, Finance Minister Michael Noonan has said.

Economy a ‘miracle’ despite Trump and Brexit threat, says Central Bank

The Central Bank has revised up its growth forecasts on the back of strong domestic demand despite citing the twin threats of Brexit and the potential economic policies of US President Donald Trump.

Publican Gleeson wins court fight to block his dismissal

High-profile publican Frank Gleeson has secured a temporary High Court injunction preventing the company he is CEO of from taking steps to dismiss him.

IDA chief: ‘Housing crisis isn’t hurting our Brexit bid’

The impact of the housing crisis on the drive to attract foreign direct investment into Ireland and into Dublin, particularly in the wake of Brexit, is the subject of increasing concern among developers involved in the delivery of new office […]

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