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Last year ‘was strongest for job creation since 2008’

December saw a 49% year-on-year rise in the number of professional jobs being made available, bringing to a close the strongest year of job creation since 2008. The latest Irish Employment Monitor, from recruitment giant Morgan McKinley, shows the life […]

Global markets dive on gloomy World Bank growth outlook

Financial and commodities markets slumped on Wednesday after the World Bank cut its growth forecasts for 2015 and 2016, fuelling fears that the benefits of cheaper oil may be offset by anaemic economies and the threat of deflation. Share prices, […]

Global markets dive on gloomy World Bank growth outlook

Financial and commodities markets slumped on Wednesday after the World Bank cut its growth forecasts for 2015 and 2016, fuelling fears that the benefits of cheaper oil may be offset by anaemic economies and the threat of deflation. Share prices, […]

World Bank cuts economic outlook despite oil price drop

The World Bank has lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The global development […]

More taxpayers get bumper pay packets as recovery grows

The number of people earning more than €200,000 in gross income is set to be almost a third higher this year, compared to four years ago. That’s according to figures compiled by the Revenue Commissioners and released by Finance Minister […]

European Court of Justice rules ECB bond-buying programme legal

The European Court of Justice (ECJ) has ruled that the European Central Bank’s bond-buying programme is legal, once certain conditions are met. The conditions identified by the court’s advocate general include an assurance that the ECB does not provide “direct” […]

Ireland is the fastest growing economy in Eurozone

Ireland is set to be the fastest-growing economy in the Eurozone for the second year in a row in 2015 as the recovery becomes sustainable, according to Goodbody Stockbrokers. The Dublin-based firm is forecasting growth of 4pc this year, highlighting […]

Euro languishes near nine-year low before US jobs data

The euro wallowed near a nine-year low as speculation grew that the European Central Bank will embark on quantitative easing soon and US jobs data will be good enough to cement the case for a rate hike by the Federal […]

Small firms to create 60,000 jobs in 2015

Small and medium-sized firms (SMEs) could create 60,000 jobs next year, lobby group ISME said yesterday. Almost a third of firms plan to take on staff. “It is possible that a net 60,000 jobs can be created in the SME […]

Record rise in demand for borrowing before Christmas

A pre-Christmas spending surge saw appetite for borrowing on credit cards and personal loans rise at the fastest pace since records began in 2007, figures show. As the economy continues to recover, the Bank of England’s survey of banks and […]

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