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News

Pay freezes predicted despite country’s economic growth

Labour costs in Ireland are rising at one of the slowest rates in the EU despite the country’s strong economic performance.

‘Strong evidence’ Ireland aiding EU banks’ tax-avoidance schemes

Ireland is one of the countries “leading the race to the bottom” in the facilitation of global tax avoidance, according to a new report from charity group Oxfam.

Irish firms in top five UK foreign business owners

Irish-based companies are among the biggest foreign owners of UK firms, ahead of Japan and well ahead of rising powerhouse China.

Price of Dublin semi-D surging again at same rate as in boom years

The price of an average semi-detached house in parts of Dublin is inflating as fast as in the boom years and the period immediately before the Central Bank introduced its lending restrictions two-and-a-half years ago.

Public sector pay ‘outstrips private workers by 40pc’

Public sector workers get paid 40pc more on average than their private sector counterparts, a report claims.

The UK triggering Article 50 will soon be forgotten – then the hard negotiations start

On Wednesday, the UK prime minister is scheduled to ­’trigger’ Article 50 of the Treaty on European Union to announce to the 27 other EU member states that the UK intends to leave the union.

Ireland joins China-led Asian bank in bid to boost links

Ireland’s application for membership of the China-led Asian Infrastructure Investment Bank (AIIB) has been formally approved.

Banks grab €233bn in free ECB loans as Draghi warns on profits

Euro-area lenders took €233.5bn in free long-term loans from the European Central Bank as they prepare for the potential end of extraordinary stimulus.

Sterling boost as UK retail sales surge beats predictions

The pound jumped yesterday after retail sales in the United Kingdom beat expectations, despite rising inflation.

C&AG will no longer be Nama’s sole auditor as outside firm to be hired

The State’s Comptroller and Auditor General (C&AG) will no longer be sole auditor of Nama’s group entities, with the bad bank now drafting in a firm to undertake statutory audit work for the next three years, when the agency expects […]

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