Construction industry looks to State Housing Bank to solve crisis

Business leaders within the construction industry see the establishment of a new State Housing Bank as the preferred solution to the housing crisis, a new survey has shown.

290,000 homes get warning letters over failure to pay property tax bills

Tax officials have written to thousands of homeowners who failed to pay their property tax this year.

New fast-track planning for houses to bypass local councils

Local councils will be sidelined in a new move to speed up house-building nationwide and tackle the country’s housing crisis.

German economy had decent start to second quarter, but growth to slow, ministry says

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.

Interest 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.

Bank 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.

Inflation up as car, health and home insurance costs increase

THE cost of insuring cars and commercial vehicles has gone up again.

Oil 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 Chinese demand […]

State 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.

Fiscal 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.

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