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Ibec backs introduction of carbon tax, short-term carbon budgets

Ibec backs introduction of carbon tax, short-term carbon budgets The largest organisation representing businesses here is backing the introduction of a rising carbon tax, as well as short-term carbon budgets that would restrict greenhouse gas emissions in particular sectors. Ibec […]

Average weekly earnings up by 3.4% in Q1 – CSO

Average weekly earnings up by 3.4% in Q1 – CSO New figures from the Central Statistics Office show that average weekly earnings stood at €769.98 in the first quarter of the year. This marked an increase of 3.4% from the […]

Residential property values rise by €84m per day – report

The value of residential property in Ireland rose by more than €84 million every day over the past year, according to new data. In total, the value of homes here is now €510 billion, an increase of €31bn or 6% […]

Euro zone May business growth weaker than expected – PMI

Euro zone May business growth weaker than expected – PMI Euro zone business growth accelerated a touch this month but not as much as expected, bogged down by a deepening contraction in the bloc’s manufacturing industry which is increasingly affecting […]

Oil prices set for 2019’s biggest weekly loss

Oil prices set for 2019’s biggest weekly loss Oil rose towards $69 a barrel today after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and concerns about an economic […]

More than €8 of every €10 spent by shoppers on cards is still instore

More than €8 of every €10 spent by shoppers on cards is still instore An analysis of €9 billion of retail credit and debit card transactions by AIB Bank found that 86 per cent of the purchases were made instore […]

Personal injury costs threaten retail viability

Personal injury costs threaten retail viability Retailers have hit out at the slow pace of insurance reform. Rising personal injury awards are threatening the viability of the sector, according to Ibec’s Retail Ireland division. Large numbers of retailers will be […]

Consumers spent €1.7 billion online in March

Consumers spent €1.7 billion online in March New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation. In the first […]

Google complying with EU order in shopping case, says Vestager

Google complying with EU order in shopping case, says Vestager Google is complying with an EU order to boost competition in online shopping, Europe’s competition chief said today, brushing aside complaints from rivals demanding more regulatory action. Google was hit […]

Top 5 exporters account for over a quarter of all goods exports in 2017

Top 5 exporters account for over a quarter of all goods exports in 2017 New figures from the CSO show that the country’s five biggest exporters accounted for 26% of all exports in 2017 with the pharmaceutical sector the biggest […]

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