Business News

European Union to finalise huge farm policy overhaul

27th May 2021

European Union agriculture ministers said negotiators are close to a deal that aims to reform the bloc’s huge farming subsidy programme, protect small farms and bring agriculture in line with environmental goals. The EU’s Common Agricultural Policy (CAP) will spend €387 billion – around a third of the EU’s 2021-2027 budget – on payments to […]

Read More

54% of consumers plan summer holiday this year – KBC Bank Ireland

27th May 2021

Irish consumers do not plan to go wild on their holiday spending in 2021, a new survey from KBC Bank Ireland suggests. One in four plan to spend the same as in 2020 and while slightly more plan to spend more than to cut back (19% compared to 12%), the average outlay overall is likely […]

Read More

Govt to look at phasing out pandemic supports from October – Varadkar

27th May 2021

The Government will begin to look at phasing out financial pandemic supports in the final three months of the year, the Tánaiste has told colleagues. Speaking at a meeting of the Fine Gael parliamentary party meeting tonight, Leo Varadkar indicated supports would remain in place throughout July, August and September. These months will be used […]

Read More

Planning applications for residential units drop

26th May 2021

The number of residential units submitted for planning permission fell by nearly a third in the first quarter of the year, according to a new report by Deloitte. The level of residential planning applications remained relatively stable at 77, but the level of applications granted dropped 26% year on year. The number of commencement notices […]

Read More

Planning applications for residential units drop

26th May 2021

The number of residential units submitted for planning permission fell by nearly a third in the first quarter of the year, according to a new report by Deloitte. The level of residential planning applications remained relatively stable at 77, but the level of applications granted dropped 26% year on year. The number of commencement notices […]

Read More

Survey suggests measures needed for affordable housing

26th May 2021

A new survey has found that four out of every five adults think the Government should introduce new measures to improve the supply of affordable housing here. The research, carried out by Behaviour and Attitudes on behalf of employers’ group Ibec, also found that a third of respondents would like to be able to buy […]

Read More

Survey suggests measures needed for affordable housing

26th May 2021

A new survey has found that four out of every five adults think the Government should introduce new measures to improve the supply of affordable housing here. The research, carried out by Behaviour and Attitudes on behalf of employers’ group Ibec, also found that a third of respondents would like to be able to buy […]

Read More

Number of people receiving PUP falls more than 29,000

26th May 2021

The numbers of people in receipt of the Pandemic Unemployment (PUP) this week has fallen by a further 29,174 to 333,993. In total €102m will be paid out to recipients of the PUP. This is on top of the further 177,969 who were on the Live Register at the end of April, the Department of […]

Read More

Central Bank to conduct major review of mortgage rules

25th May 2021

The Central Bank of Ireland will begin a major review of its mortgage lending rules next month, the first since the measures were introduced in 2015. The review will consider the effectiveness of rules, whether they have achieved their aims and the evolution of the housing and mortgage markets since their inception. It comes amid […]

Read More

Central Bank to conduct major review of mortgage rules

25th May 2021

The Central Bank of Ireland will begin a major review of its mortgage lending rules next month, the first since the measures were introduced in 2015. The review will consider the effectiveness of rules, whether they have achieved their aims and the evolution of the housing and mortgage markets since their inception. It comes amid […]

Read More