News

April manufacturing growth slowest since aftermath of Brexit vote – PMI

3rd May 2019

The country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks of finished goods. The economy has weathered the uncertainty created by the June 2016 vote. […]

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Irish banks have higher concentration of property loans than European peers – Central Bank

2nd May 2019

Irish banks have higher concentration of property loans than European peers – Central Bank Central Bank shows that Irish banks have a higher concentration of property lending than their European peers – with the concentration mainly in residential property. But in a Financial Stability Note, the Central Bank said the banking system here has increased […]

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Euro zone Q1 economic growth stronger than expected, unemployment falls

2nd May 2019

Euro zone Q1 economic growth stronger than expected, unemployment falls The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, new data showed today. Meanwhile, unemployment in the euro zone fell to its lowest in more than a decade, the data also revealed. […]

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Unemployment rate remains at 5.4% in April – CSO

2nd May 2019

Unemployment rate remains at 5.4% in April – CSO New Central Statistics Office figures show that the country’s unemployment rate remained at an 11-year low of 5.4% in April. The CSO said the seasonally adjusted number of people who were without a job stood at 129,700 in April, a decrease of 10,200 when compared to […]

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High housing costs key driver of wage demands, conference told

2nd May 2019

High housing costs key driver of wage demands, conference told HIGH rents and housing costs are driving wage demands that have become the biggest single challenge facing businesses, according to Kevin Sheridan, managing director of Sheridan Cheesemongers. “Rising wages puts pressure on staff numbers and has a ripple effect through the business – I think […]

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Insurance revamp calls intensify as play centres saved by UK deal

1st May 2019

THE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform said there was still a need for major changes in the insurance and legal sectors. […]

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Insurance revamp calls intensify as play centres saved by UK deal

1st May 2019

THE Government has been urged not to ease up on insurance reform after 1,000 jobs were saved when play centres secured insurance cover. Some 61 play centres were threatened with closure over difficulties getting insurance. The Alliance for Insurance Reform said there was still a need for major changes in the insurance and legal sectors. […]

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Self-employed people to qualify for extra jobseeker’s payments under new initiative

1st May 2019

Self-employed people to qualify for extra jobseeker’s payments under new initiative Self-employed people will become eligible to claim a jobseeker’s welfare payment from November, based on their social insurance contributions. Minister for Employment Affairs and Social Protection Regina Doherty has said the initiative will provide an income safety net to thousands of small and medium […]

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Self-employed people to qualify for extra jobseeker’s payments under new initiative

1st May 2019

Self-employed people to qualify for extra jobseeker’s payments under new initiative Self-employed people will become eligible to claim a jobseeker’s welfare payment from November, based on their social insurance contributions. Minister for Employment Affairs and Social Protection Regina Doherty has said the initiative will provide an income safety net to thousands of small and medium […]

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US watchdog swoops on $55bn oil merger

1st May 2019

US watchdog swoops on $55bn oil merger The US Securities and Exchange Commission (SEC) yesterday obtained an asset freeze in connection with suspected fraudulent trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron. US District Judge Gregory Woods in Manhattan granted the freeze over accounts linked to suspicious […]

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