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Euro zone lending continues to grow but money supply slows

Euro zone lending continues to grow but money supply slows Euro zone lending continued to grow at a steady pace in June while a money supply indicator, which often foreshadows future activity, lost pace, data from the European Central Bank […]

NAMA wind-down date extended from 2021 to 2025

NAMA wind-down date extended from 2021 to 2025 The Minister for Finance had recommended that NAMA should continue to manage its loan book beyond the agency’s expected 2021 wind-down date so as to deliver the best financial return for the […]

Planning permission granted for Wicklow data centre

Planning permission granted for Wicklow data centre An Bord Pleanála has granted planning permission to Echelon Data Centres as the company moves forward with plans to build a 100MW, 484,000 sq ft facility at the Avoca River Business Park in […]

NAMA’s profit dropped 30.5% in first quarter as amount of cash generated fell

NAMA’s profit dropped 30.5% in first quarter as amount of cash generated fell The National Asset Management Agency made a profit of €41m in the three months to the end of March, according to its first quarter results. That is […]

Tough Brexit talk fuels sharp drop in sterling

Tough Brexit talk fuels sharp drop in sterling Sterling fell sharply yesterday as both candidates to become UK prime minister talked up their willingness to execute a hard Brexit during Conservative Party leadership debates. On the eve of the Brexit […]

Consumer spending falls in June – even online – as rain and Brexit dampen mood

Consumer spending falls in June – even online – as rain and Brexit dampen mood Consumer spending has slowed at a pace not previously recorded in the past five years, according to a new analysis of spending in stores and […]

Hotels’ costs rising faster than revenues, says report

Hotels’ costs rising faster than revenues, says report HOTEL insurance rates are rising by 10pc per annum, prompting some operators to rethink how their leisure facilities in particular are used, according to Aiden Murphy, a partner with accountancy and advisory […]

Car running costs dip but insurance still an issue

Car running costs dip but insurance still an issue The average cost of running a family car for a year stands at €10,590, according to the AA’s annual survey of motoring costs – a decrease of €98.11 on last year. […]

EU goods trade gaps with US and China widen

EU goods trade gaps with US and China widen The European Union’s trade surplus in goods with the US and its deficit with China both increased in the first five months of 2019, figures that could add extra strain to […]

Revenue intensifies Brexit engagement with businesses

Revenue intensifies Brexit engagement with businesses Officials from Revenue will be contacting 92,000 businesses around the country as preparations for Brexit continue. Businesses will receive letters and phonecalls from officials outlining the steps necessary to prepare for Britain leaving the […]

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