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News

Brexit preparation – is business ready for the unknown?

The Kayfoam factory in Bluebell in Dublin is a labyrinthine complex of large warehouse units packed with noisy high-tech machines pumping out, shaping and sizing huge blocks of foam under the watchful eye of a team of busy staff.

Jobless rate remains unchanged at 5.3% in December

The rate of unemployment remained at a 10-year low of 5.3% in December, new figures from the Central Statistics office show today.

Monthly retail sales edge 0.1% lower in November

New figures from the Central Statistics Office show that the volume of retail sales edged 0.1% lower in November on a monthly basis.

NTMA to open 2019 fund raising with 10-year bond deal

The National Treasury Management Agency has hired a syndicate of banks and brokers to sell a new 10-year bond that a market source said was likely to raise around €3 billion.

Employers’ body says economic growth will be lower this year

Employers’ group Ibec says economic growth will be lower this year as a result of Brexit but also because the economy is at a mature phase of the business cycle.

Credit unions set for higher interest rates on loans

The Minister for Finance has asked officials to begin preparing legislative changes needed to allow credit unions charge higher interest rates on loans and financial products.

Revenue sees Local Property Tax compliance rate of 97%

A total of €482m has been paid by households in Local Property Tax to Revenue for 2018.

May faces battle to save Brexit deal as Commons vote looms

British Prime Minister Theresa May will continue efforts to win over Conservative critics of her Brexit deal as MPs return to Westminster, but both wings of the party warned that the plan is unlikely to receive support.

Revenue collected €54.5 billion in taxes and duties in 2018

The Revenue Commissioners collected €54.5 billion in taxes and duties for the Exchequer in 2018, according to preliminary results published today.

Mortgage lending growth highest in 9 years – Central Bank

Mortgage lending recorded its highest growth rate since 2009 during the month of November, according to figures published by the Central Bank, continuing a trend of positive lending seen in recent months.

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