‘Workers at major companies must get wage increases as Government defends corporate tax’ – minister

The Labour Party minister said the State was paying out €500m a year in “corporate welfare” through family income support and it was now time for big business to make more of a contribution. “Many of those people are working […]

Mortgage wars: banks battle for mortgage customers as property upturn takes hold

Lenders are cutting rates, offering sweeteners to brokers to funnel business to them, and giving borrowers incentives such as paying for home valuations in a bid to win a bigger slice of the lucrative mortgage market. The stepping up of […]

UK rating fears if Scots banks defect to London

The warning that England and Wales could be negatively affected if banks carry out a threat to move south if Scots vote for independence is in contrast to most analysts who have focused on the implications for Scotland. If lenders, […]

Nama to supply 4,500 new homes in Dublin over next 18 months

Nama will supply 4,500 housing units in Dublin over the next 18 months, said the agency’s chief executive, Brendan McDonagh. Nama will fund and oversee the construction of houses and apartments in areas throughout the city in an effort to […]

Professional yes, but property Reits are no ‘get rich quick’ scheme

The establishment of Real Estate Investment Trusts (Reits) is seen as a way of achieving two important things – allowing ordinary Irish investors to get a slice of the action through regulated, professional property companies and also reducing the sector’s […]

Howlin ‘hopes’ Ireland’s boom and bust cycle is over

The comments come days after Finance Minister Michael Noonan said Ireland needs a different economic model as the recovery begins to broaden, focused more on steady growth akin to the Nordic and Northern European models. Ahead of a Cabinet meeting […]

Brendan Keenan: Asking if there is a property bubble is the wrong question

To paraphrase Zhou Enlai, it may be too early to say. But the Irish economic question is exhibiting the same symptoms. Just as we seemed to successfully negotiate the Crash, the question changed. Or rather, an old question re-appeared. Is […]

Thousands in line for Standard Life payout

The payment is worth close to €1,000 each for an estimated 60,000 Irish shareholders. These people ended up with shares in the Edinburgh-headquartered company when it de-mutualised, and floated on the London Stock Market in 2006. Now the insurer has […]

Kenny praises ‘patriotism’ as Guaranteed Irish hits 30

Speaking at a celebratory lunch in Dublin yesterday, Mr Kenny said: “I’m sure there are many here who will remember as clearly as I do when this concept started out some years ago. “It made us sit up and take […]

Pressure on employers as job vacancies rise in August

Compared to July, 4pc more jobs were available in August. In some sectors firms are struggling to fill jobs because of the gap between salaries on offer and the pay expectations of some in-demand specialists – that gap is especially […]

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