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ECB President hopeful supports bank’s current stance

ECB President hopeful supports bank’s current stance The nominee to be the next President of the European Central Bank, Christine Lagarde, has said she supports the current stance of the ECB. The ECB maintains that “a highly accommodative policy stance […]

Number of bankruptcies increase here – ISI

Number of bankruptcies increase here – ISI New figures published today show that so far this year, a total of 183 people were adjudicated bankrupt in Ireland. The figures from the Insolvency Service of Ireland show that 2,323 people were […]

‘Bankers are well paid’ – minister says salary cap will stay in place

‘Bankers are well paid’ – minister says salary cap will stay in place Restrictions on banker pay imposed in response to the financial crisis will not be changed, Junior Finance Minister Michael D’Arcy has said. “I’m of the view the […]

UK manufacturing output hits seven year low amid Brexit uncertainty

UK manufacturing output hits seven year low amid Brexit uncertainty UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. The IHS Markit/CIPS UK manufacturing purchasing managers’ […]

Unemployment rate dips to 5.2% in August – CSO

Unemployment rate dips to 5.2% in August – CSO The unemployment rate fell marginally in August, according to the latest figures from the Central Statistics Office. The latest monthly unemployment figures show unemployment at 5.2%, down from 5.3% in July. […]

Oil falls as US, China add more tariffs in trade war

Oil falls as US, China add more tariffs in trade war Oil prices weakened this morning after new tariffs imposed by the US and China came into force, raising concerns about a further hit to global growth and demand for […]

Third week of gains for the pound after volatile few days

Third week of gains for the pound after volatile few days After a volatile week, the British pound was on course for its biggest monthly gain since February. It was partly accounted for by a drop in the euro which […]

Stock markets boosted by fresh trade hopes

Stock markets boosted by fresh trade hopes Renewed hopes for trade talks boosted stock markets today after China said it would not retaliate against the latest US tariffs, setting up a positive end to a volatile week. New trade optimism […]

Biggest growth in consumer lending in over 10 years; Central Bank

Biggest growth in consumer lending in over 10 years; Central Bank New lending for car purchase in the year to July reached its highest level since the Central Bank started measuring the indicator in 2012. According to the regulator’s figures, […]

Euro zone inflation remains low

Euro zone inflation remains low Euro zone inflation remained low at 1% in August, well below the European Central Bank’s target, bolstering market expectations that the bank will further ease monetary policy next month. The European Union’s statistics office said […]

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