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Decrease in number of workers earning minimum wage or less

Decrease in number of workers earning minimum wage or less There was a 9% decrease in the number of workers earning the minimum wage or less in the last three months of 2018 compared to the previous year, according to […]

Govt launches plan to boost financial services sector

Govt launches plan to boost financial services sector The Government hopes to increase direct employment in the financial services sector to 50,000 by 2025, according to a new strategy launched this morning. The ‘Ireland for Finance’ plan is the latest […]

Mortgage approvals soar but would-be buyers wait on supply

Mortgage approvals soar but would-be buyers wait on supply NEW figures show the scale of pent-up demand among would-be home buyers with approvals running well ahead of mortgage drawdowns. Figures from the Banking and Payments Federation, which represents lenders, show […]

Govt wants Central Bank in financial sector forum

Govt wants Central Bank in financial sector forum New structures to encourage the development of international financial services will include bringing the Central Bank into a new stakeholder engagement group with industry and see overall responsibility for promoting the sector […]

Increase in value and volume of mortgages drawn down

Increase in value and volume of mortgages drawn down There was an 8.9% increase in the number of mortgages drawn down in Ireland in the first quarter of this year, according to the body representing the banking, payments and fintech […]

Rich nations must help workers adapt to automation, says OECD

Rich nations must help workers adapt to automation, says OECD Robots and computers threaten 14% of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the Organisation for Economic Cooperation and Development […]

Prize Bonds sales reach €574m in 2018 as fund grows to €3.4 billion

Prize Bonds sales reach €574m in 2018 as fund grows to €3.4 billion The Prize Bond Company has reported gross sales of €574m, the second highest year on record after sales of €567m in 2017 and €670m in 2016. The […]

90.3% of new SME lending from top three lenders – Central Bank report

90.3% of new SME lending from top three lenders – Central Bank report A new report on lending to small and medium sized businesses (SMEs) shows that credit demand remains low, while over 90% of new lending comes from the […]

Record number of women in workforce

Record number of women in workforce A record number of women were in the workforce last year, according to the latest figures from Eurostat, with 78,000 more women at work than in 2014. Overall, there was in excess of 804,700 […]

No State spending spree: expenditure here stands at lowest share of GDP in the eurozone

No State spending spree: expenditure here stands at lowest share of GDP in the eurozone Data released by Eurostat, the statistics arm of the EU, shows that Government spending here as a percentage of gross domestic product (GDP) is the […]

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