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Last month was best July for startups since the recession

The number of startup companies in Ireland reached its highest level in July since before the recession in 2007, new figures have shown. According to a survey carried out by business and credit risk company Vision-net, 1,764 new limited companies […]

New car sales fuel jobs boost across the motor industry

More than 27,500 new cars were bought by Irish motorists in July, almost as many as the traditional bumper month, January. Figures show the nation’s buying trends are changing dramatically with the new twice-a-year change of registration plates. New-car registrations […]

Irish firms’ factory output rebounds in July

Irish manufacturing sector growth bounced back from a 16-month low in July as the weak euro boosted exports, a new survey has shown. The Investec Manufacturing Purchasing Managers’ Index rose to 56.7 in July from 54.6 in June. But it […]

Bank of Ireland tipped to repay debt early despite housing slowdown

Bank of Ireland may redeem €1.3bn of preferred shares earlier than expected clearing the way for a resumption of higher dividends, according to analysts at Cantor Fitzgerald. In a note to clients, Cantor Fitzgerald said it had raised its target […]

With schools and tradesmen looking to exit, it’s the end of the cheque era

It’s around this time of year that the back-to-school costs surveys start to pile up, drawing attention once again to the ever-rising costs of putting a child through a primary or secondary school system that is supposed to be ‘free’. […]

Weak euro helps manufacturing sector bounces back from 16 month low

Irish manufacturing sector growth rebounded from a 16-month low in July as the weak euro boosted exports, a new survey has shown. The Investec Manufacturing Purchasing Managers’ Index rose to 56.7 in July from 54.6 in June. But it remained […]

UK government starts privatisation of Ulster Bank parent company RBS

Britain has sold a £2.1bn (€3bn) stake in Royal Bank of Scotland to kick off the disposal of its holding seven years after bailing out the bank. Finance Minister George Osborne hailed the sale this morning as “an important first […]

GDP returns to its pre-crash level but slowing of house prices expected to continue

House-price growth of 9pc in Ireland this year is set to be the fastest in Europe, but will slow sharply in 2016 and 2017, including because from the effect of strict new lending rules, according to Standard & Poors. The […]

SMEs get €45m from Strategic Bank

The Strategic Banking Corporation of Ireland (SBCI) has revealed that €44.7m worth of loans has  een drawn down by small and medium businesses since mid-March. The SBCI, which was set up last year to provide low-cost loans to small businesses, […]

Bank of Ireland profits more than double to €743m

Underlying profits at Bank of Ireland more than doubled in the six months to the end of June to €743m according to new results from the bank. This was an improvement of €416m compared to the €327m underlying profit recorded […]

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