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ECB still has ammunition left to fight recession – Lane

ECB still has ammunition left to fight recession – Lane The European Central Bank’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, the ECB’s incoming executive Board member Philip Lane has said. Investors fear the […]

April manufacturing growth slowest since aftermath of Brexit vote – PMI

The country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks […]

Irish banks have higher concentration of property loans than European peers – Central Bank

Irish banks have higher concentration of property loans than European peers – Central Bank Central Bank shows that Irish banks have a higher concentration of property lending than their European peers – with the concentration mainly in residential property. But […]

Euro zone Q1 economic growth stronger than expected, unemployment falls

Euro zone Q1 economic growth stronger than expected, unemployment falls The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, new data showed today. Meanwhile, unemployment in the […]

Unemployment rate remains at 5.4% in April – CSO

Unemployment rate remains at 5.4% in April – CSO New Central Statistics Office figures show that the country’s unemployment rate remained at an 11-year low of 5.4% in April. The CSO said the seasonally adjusted number of people who were […]

High housing costs key driver of wage demands, conference told

High housing costs key driver of wage demands, conference told HIGH rents and housing costs are driving wage demands that have become the biggest single challenge facing businesses, according to Kevin Sheridan, managing director of Sheridan Cheesemongers. “Rising wages puts […]

Insurance revamp calls intensify as play centres saved by UK deal

THE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform […]

Self-employed people to qualify for extra jobseeker’s payments under new initiative

Self-employed people to qualify for extra jobseeker’s payments under new initiative Self-employed people will become eligible to claim a jobseeker’s welfare payment from November, based on their social insurance contributions. Minister for Employment Affairs and Social Protection Regina Doherty has […]

US watchdog swoops on $55bn oil merger

US watchdog swoops on $55bn oil merger The US Securities and Exchange Commission (SEC) yesterday obtained an asset freeze in connection with suspected fraudulent trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron. […]

Self-employed to qualify for welfare pay of €203 a week

Self-employed to qualify for welfare pay of €203 a week Self-employed workers will be entitled to weekly jobseeker payments if they become unemployed from November. The new social insurance benefit scheme, announced today, aims to provide assurance to people setting […]

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