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13.5% VAT rate in hospitality sector ‘will close restaurants’

The hospitality sector has called for a review of the increase in the VAT rate which comes into effect on New Year’s day.

Changes to Consumer Protection Code come into effect

Changes to the Central Bank’s Consumer Protection Code, which aim to increase the levels of mortgage switching in Ireland and to provide greater levels of transparency for consumers, come into effect today.

Car sales fall for second consecutive year

New car sales were 4.4% lower last year when compared to 2017, according to figures from representative body SIMI, marking the second consecutive year of decline for the industry.

EU triggers plans for no-deal Brexit as Varadkar insists fall-out will not affect budget

EU triggers plan to protect EU citizens in the event of a no-deal Brexit Plans cover 14 areas most likely to be affected, ranging from financial services to aviation, customs and carbon emissions trading Irish Government prepares to publish its […]

Number of family home repossessions fall

The number of family homes being repossessed has fallen, with the improving economy helping to cut the number of mortgages in arrears.

Retailers blame ‘alarmist’ Met Éireann weather warnings for drop in footfall

Retailers have blamed “alarmist” Met Eireann weather warnings for deterring people from hitting the high streets to do their Christmas shopping.

Former Anglo Irish Bank bondholders to be paid €267m by liquidators

A group of Anglo Irish Bank bondholders are set to be paid all of the €267m they are seeking from liquidators of the bust bank, despite the State only getting a fraction of the €30bn it invested as a rescue […]

Incomes are up, but 100,000 in jobs still at risk of poverty

Household incomes have gone up, but large numbers of people are still in poverty.

SME sector set for €75m boost from State lender

The SME sector is set for a €75m cash injection via a State lender, the Strategic Banking Corporation of Ireland (SBCI).

Households to spend €1bn on groceries in December

Irish households are set to spend €1bn on groceries this December for the first time.

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