UK economy shrinking at fastest rate since financial crisis post Brexit vote, services PMI shows

Britain’s economy appears to be shrinking at the fastest rate since the financial crisis in the wake of last month’s Brexit vote, according to a business activity index that posted the biggest drop in its 20-year history.

Central Bank for sale with €60m price tag

The Central Bank is to put its headquarters on Dame Street and two other premises on Dublin’s College Green on the market in the coming months, with sources estimating they could fetch upwards of €60m.

Irish debt investors looking beyond GDP after distorted figures – NTMA

Ireland’s distorted gross domestic product (GDP) figures has made them less useful to potential investors into Irish debt, the National Treasury Management Agency (NTMA) has said.

Ireland needs domestic investment in wake of Brexit

The National Competitiveness Council (NCC) has called for policies to be introduced that will ensure long-term fiscal sustainability in its annual report published on Thursday.

Housing crisis: Minister is accused of ‘playing with figures’ in action plan

Sinn Féin has accused Housing Minister Simon Coveney of “playing around with figures” in his Action Plan for Housing and Homelessness.

Bank of Ireland to close eight Northern Ireland branches

Bank of Ireland is to cut 20pc of its branch network in Northern Ireland reducing its number of outlets in the North to 28 from 36.

GDP surge means we will have to pay more to the EU but is it €380m or €280m?

Our contribution to the EU budget will mean a big increase as a result of the controversial higher Gross Domestic Product figures that emerged recently, Minister for Finance Michael Noonan has confirmed.

Ireland faces ‘marked slowdown’ in Brexit fallout – Deutsche Bank

The UK’s vote to pull out of the European Union will result in a “marked slowdown” in Irish economic growth, Deutsche Bank has warned.

Irish R&D far below European targets, dominated by multinationals

Irish research and development is significantly below European targets and is being dominated by multinationals, according to a new report from the European Commission.

National broadcaster RTE made overall loss last year of €2.8m

National broadcaster RTE made an overall loss last year of €2.8m, reversing a small surplus in 2014.

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