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Stock markets boosted by fresh trade hopes

Stock markets boosted by fresh trade hopes Renewed hopes for trade talks boosted stock markets today after China said it would not retaliate against the latest US tariffs, setting up a positive end to a volatile week. New trade optimism […]

Biggest growth in consumer lending in over 10 years; Central Bank

Biggest growth in consumer lending in over 10 years; Central Bank New lending for car purchase in the year to July reached its highest level since the Central Bank started measuring the indicator in 2012. According to the regulator’s figures, […]

Euro zone inflation remains low

Euro zone inflation remains low Euro zone inflation remained low at 1% in August, well below the European Central Bank’s target, bolstering market expectations that the bank will further ease monetary policy next month. The European Union’s statistics office said […]

Government urged to set up €1bn Brexit Response Fund

Government urged to set up €1bn Brexit Response Fund The British-Irish Chamber of Commerce has called on the Government to set up a €1bn Brexit Response Fund to help Irish businesses withstand a ‘Brexit shock’. It said such a fund […]

Average weekly pay increased at fastest pace in a decade in Q2

Average weekly pay increased at fastest pace in a decade in Q2 Wage pressures are continuing to take hold in the economy with average weekly earnings growing by 3.5% in the year to June, the highest rate of growth in […]

‘Reduce national debt with any corporate tax windfall’ – Central Bank

‘Reduce national debt with any corporate tax windfall’ – Central Bank The Acting Governor of the Central Bank has urged the Minister for Finance to use any unexpected windfall in corporate tax this year to reduce the national debt, which […]

Car sales slump drives Ireland’s retail activity 4.3pc lower in July

Car sales slump drives Ireland’s retail activity 4.3pc lower in July An unseasonal slump in new car purchases drove Ireland’s retail sales sharply lower last month, the Central Statistics Office reported on Wednesday. Sales declined by 4.3pc in both value […]

Sterling dives as fears of no-deal Brexit grow

Sterling dives as fears of no-deal Brexit grow Sterling dived as concerns rose that the United Kingdom may be headed for a disruptive no-deal Brexit after Prime Minister Boris Johnson moved to restrict parliamentary time before October 31. Mr Johnson […]

US firms make $83bn profits in Ireland

US firms make $83bn profits in Ireland American multinationals made more profits in Ireland in 2017 than in six of the world’s largest economies combined, according to new official data. The Bureau of Economic Analysis released its annual report into […]

Ireland is not a tax haven – Dept of Finance

Ireland is not a tax haven – Dept of Finance Ireland does not meet any internationally recognised standard of being a tax haven, according to a statement from the Department of Finance. The department is reacting to a report in […]

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