Business News

Construction activity declines at fastest pace since 2013

12th November 2019

Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. The index, which tracks changes in total construction activity, fell to […]

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Reduced oil demand pulled energy costs down in October

11th November 2019

Energy costs here fell by 4% in October, driven by weaker oil prices the latest Bord Gáis Energy Index has found. Oil fell by 3% over the period because of lower demand caused by the weakening global economy and despite the attack on Saudi oil infrastructure in the middle of September. Because oil makes up […]

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130,000 PAYE taxpayers due refunds from Revenue

11th November 2019

Revenue is writing to 130,000 PAYE taxpayers who have paid tax but have not claimed any additional tax credits or reliefs in the last five years, to remind them that there is a four-year time limit for claiming a refund of tax. Revenue has issued letters over the last few years to assist taxpayers in […]

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Business failures fall further in third quarter

11th November 2019

Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. That’s according to new data from Deloitte, which says the steady trend of […]

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Banking union will make lenders safer – ECB’s Enria

7th November 2019

The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on completing the banking union, particularly a European wide deposit protection scheme.  The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on […]

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Banking union will make lenders safer – ECB’s Enria

7th November 2019

The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on completing the banking union, particularly a European wide deposit protection scheme.  The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on […]

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Euro zone retail sales pick up in September

7th November 2019

Euro zone retail sales accelerated more than expected year-on-year in September, data from the European Union’s statistics office showed today, pointing to sustained domestic demand in Europe.  Eurostst said retail sales in the 19 countries sharing the euro rose 0.1% month-on-month for a 3.1% year-on-year gain, up from 2.7% in August.  Economists polled by Reuters […]

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Euro zone retail sales pick up in September

7th November 2019

Euro zone retail sales accelerated more than expected year-on-year in September, data from the European Union’s statistics office showed today, pointing to sustained domestic demand in Europe.  Eurostst said retail sales in the 19 countries sharing the euro rose 0.1% month-on-month for a 3.1% year-on-year gain, up from 2.7% in August.  Economists polled by Reuters […]

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Brexit impacting trade flows but not tariffs

7th November 2019

The UK’s importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank. As part of its Navigator survey, the bank spoke to 9,000 companies in 35 countries.  Just under half of Irish businesses considered the UK an important trading partner, down from 75% last year. Alan Duffy, CEO of […]

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Brexit impacting trade flows but not tariffs

7th November 2019

The UK’s importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank. As part of its Navigator survey, the bank spoke to 9,000 companies in 35 countries.  Just under half of Irish businesses considered the UK an important trading partner, down from 75% last year. Alan Duffy, CEO of […]

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