Business News
Jobless rate falls to 11 year low of 5.4% in March New figures from the Central Statistics Office show that the unemployment rate fell to an 11-year low of 5.4% in March from a rate of 5.6% in February. The CSO said the seasonally adjusted number of people who were unemployed stood at 131,300 in […]
Read MoreAIB to sell €1 billion non-performing loan portfolio AIB has agreed a deal to sell a €1 billion portfolio of non-performing loans to Everyday Finance, as part of a consortium with Everyday and affiliates of Cerberus Capital Management. The portfolio consists of about 2,200 non performing loans, with around 95% over two years in arrears […]
Read MoreAIB to sell €1 billion non-performing loan portfolio AIB has agreed a deal to sell a €1 billion portfolio of non-performing loans to Everyday Finance, as part of a consortium with Everyday and affiliates of Cerberus Capital Management. The portfolio consists of about 2,200 non performing loans, with around 95% over two years in arrears […]
Read MoreEuro zone inflation slows to 1.4% in March Inflation in the euro zone slowed in March, data showed today, amid worries that the European economy is cooling. The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the bloc’s second-biggest economy, France. The rise in consumer prices […]
Read MoreEuro zone inflation slows to 1.4% in March Inflation in the euro zone slowed in March, data showed today, amid worries that the European economy is cooling. The slowdown of inflation comes as signs are multiplying of slower economic growth, especially in powerhouse Germany and the bloc’s second-biggest economy, France. The rise in consumer prices […]
Read MoreNew car registrations slow down by 5.6% in March – SIMI New figures published today show that total new car registrations fell by 5.6% to 16,738 in March compared to the same time last year. The Society of the Irish Motor Industry (SIMI) figures show that new car registrations for the year to date are […]
Read MoreNew car registrations slow down by 5.6% in March – SIMI New figures published today show that total new car registrations fell by 5.6% to 16,738 in March compared to the same time last year. The Society of the Irish Motor Industry (SIMI) figures show that new car registrations for the year to date are […]
Read MoreNew Revenue system to hit SMEs for unpaid tax The Revenue Commissioners will chase more small companies for unpaid tax following the launch of a new high-tech debt management system. Revenue’s Debt Management Services (DMS), which was brought in last week, uses technology to deal with a wider range of taxpayers. This will include those […]
Read MoreEnergy bills going up for 1 million customers Over 1 million energy customers will feel the impact of larger bills from today. Electric Ireland and PrePayPower are increasing their gas and electricity prices by 4% and 3.9% respectively, having frozen them over the winter months. The increase will add around €38 a year to the […]
Read MoreManufacturing growth holds steady as Brexit boosts inventories – PMI Manufacturing activity grew at an almost identical rate in March compared to a month earlier, as further stockpiling ahead of Brexit mostly offset a dip in the level of output growth, a new survey shows. AIB’s manufacturing purchasing managers’ index stood at 53.9 in March, […]
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