Builders see first full year’s growth since recession

Following another sharp expansion in August, activity in the construction sector has now increased in each month throughout the past year. Growth last month was boosted by a steep rise in new orders, Ulster Bank’s August Purchasing Managers Index (PMI) […]

FTSE 100 volatility index jumps on Scottish fears

In early trade, the FTSE 100 Volatility Index, which measures the price of options on UK blue-chip stocks, rose to 16 percent, having closed at around 13 percent on Friday. In early trade, sterling weakened to its lowest in nearly […]

Euro slides after ECB shocks markets with interest rate cu

In early trade, the FTSEurofirst 300 index of top European shares was down 0.1pc at 1,399.68 points, retreating from a 6-1/2 year high hit in the previous session. The euro nursed hefty losses, having suffered its biggest one-day fall in […]

ECB resists Irish plan to repay IMF bailout loans early

reland’s plan to repay its IMF loans early is facing resistance from the European Central Bank amid continuing concerns that last year’s promissory note deal was bordering on monetary financing. In a setback to the Government’s bid to secure political […]

Tax Institute calls for new measures to attract investment

The Irish Tax Institute has urged the Government to do more in next month’s Budget to attract senior decicion makers and investment to Ireland. Speaking at the organisation’s annual general meeting in Dublin on Thursday, the organisation’s new president Andrew […]

ECB’s €40bn stimulus gamble to boost European economy

The move will directly benefit Ireland, which has begun to show signs of recovery but is being hampered by insipid economic growth across the other 17 countries that use the euro. The hope is that money pumped into the eurozone […]

Ireland must learn from Scandinavian recovery – Noonan

The minister said the country’s recovery was not “an act of God” but the result of government decisions which he claimed eurozone giants France and Italy didn’t take, and are now paying for. And he gave one of the strongest […]

Lack of digital skills could derail economic recovery – report

The report, from the Digital Marketing Institute, also said that a geographical divide is growing with Dublin-based firms faring better than their country cousins. And while online spending by Irish consumers is up 54pc year-on-year, over 60pc of this or […]

Irish and European stocks continue to ‘tread water’

The benchmark ISEQ Overall Index closed up just 4.84 points, or 0.1pc, at 4,827.36 as gains in bookmaker Paddy Power and insurer FBD offset declines in C&C and Ryanair. The Stoxx Europe 600 Index slipped less than 0.1pc to 342.75 […]

Euro zone business grows in August at weakest pace this year – PMI

Signs of slower growth, coupled with firms cutting prices at an even faster rate, will add to pressure on the European Central Bank ahead of its monetary policy meeting on Thursday. Markit’s Composite Purchasing Managers’ Index, which is based on […]

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