News

Consumer prices down 0.2% in January – CSO

19th February 2021

New figures from the Central Statistics Office figures show that consumer prices posted an annual fall of 0.2% in January compared to a drop of 1% a month earlier. This marked the slowest rate of year-on-year decline in nine months.  On a monthly basis, the CSO said that consumer prices rose by 0.1% in January […]

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Varadkar promises more targeted Covid-19 supports

19th February 2021

The economy will “bounce back” sooner than many people think, the Tánaiste has told the Dáil, but he added that the pandemic will leave “many scars” including lost jobs and livelihoods as well as lost lives.  The Minister for Enterprise, Trade and Employment said new financial supports will be put in place in the second […]

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Ulster Bank confirms exit from Irish market

19th February 2021

Ulster Bank has announced a phased withdrawal from the Republic of Ireland over the coming years that will be managed in an “orderly and considered manner”.  The bank, which is owned by UK lender NatWest, has 1.1 million customers here, along with 2,800 staff in 88 branches around the country.  Its Northern Ireland unit, which also […]

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Central Bank expects ‘speedy’ resolution of business interruption claims

18th February 2021

The Central Bank has contacted a number of insurers on resolving relevant business interruption claims in a ‘proactive and speedy’ manner. It comes as the bank continues its supervisory examination of business interruption insurance issues and in the wake of the recent judgement from the High Court against FBD. The court ruled in favour of […]

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Central Bank expects ‘speedy’ resolution of business interruption claims

18th February 2021

The Central Bank has contacted a number of insurers on resolving relevant business interruption claims in a ‘proactive and speedy’ manner. It comes as the bank continues its supervisory examination of business interruption insurance issues and in the wake of the recent judgement from the High Court against FBD. The court ruled in favour of […]

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Bank of Ireland to refund 35,000 mortgage customers

18th February 2021

Bank of Ireland is to refund tens of thousands of its mortgage customers after it discovered that it had overcharged them. Around 35,000 accounts were impacted by the error that arose when repayments were miscalculated by the lender. “This meant that they were paying on average 80c extra each month and the average total reimbursement […]

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Bank of Ireland to refund 35,000 mortgage customers

18th February 2021

Bank of Ireland is to refund tens of thousands of its mortgage customers after it discovered that it had overcharged them. Around 35,000 accounts were impacted by the error that arose when repayments were miscalculated by the lender. “This meant that they were paying on average 80c extra each month and the average total reimbursement […]

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Irish online retail sales soar by 159% in 2020 – Wolfgang Digital

18th February 2021

Irish online retail sales grew by 159% in 2020, according to new figures from digital agency Wolfgang Digital, up from average annual growth of 32% between 2017 and 2019. Wolfgang said the trend was revealed after analysis of over €0.5 billion of online spend, an estimated 7% of the total Irish e-commerce market size. Today’s […]

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Irish online retail sales soar by 159% in 2020 – Wolfgang Digital

18th February 2021

Irish online retail sales grew by 159% in 2020, according to new figures from digital agency Wolfgang Digital, up from average annual growth of 32% between 2017 and 2019. Wolfgang said the trend was revealed after analysis of over €0.5 billion of online spend, an estimated 7% of the total Irish e-commerce market size. Today’s […]

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European new car sales drop by 25.7% in January

17th February 2021

European car registrations dropped in January, industry data showed today, as measures to restrict a second coronavirus wave hit sales in the region’s largest markets.  New car registrations dropped by 25.7% year-on-year to 842,835 vehicles in the European Union, Britain and the countries of the European Free Trade Association (EFTA). This is according to figures from […]

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