Economy News
Housing Completions Lag: Central Bank Reports Construction Times Doubling Over Past Decade
Completion times for new homes in Ireland have doubled in a decade, with one-off and…
Nightlife Venues Face Decline Amid Rising Costs Pressures
Ireland's late-night openings decline sharply, with 950 fewer nights in 2025. High costs for licenses…
LVMH Drops from Europe’s Top 10 Market Leaders!
LVMH, once France's top firm, drops from Europe's top 10 due to luxury market decline.…
Irish Group Highlights Urgent Pre-Budget Measures to Tackle Child Poverty
Social Justice Ireland urges benchmarking social welfare rates and increasing child benefits in Budget 2027…
Trump Vows to Lift Tariffs on Irish Whiskey in Major Irish Open Announcement
US President Trump announced the removal of US tariffs on Irish whiskey during his Ireland…
ECB’s Chief Economist Describes Rate Hike as a ‘Strategic Adjustment’
The ECB raised rates by 0.25% to address 3.3% inflation, urging targeted government aid. Ireland's…
Irish Residents Boost Domestic Travel in Q2: A Surge in Local Tourism
Irish residents spent 9.2 million nights on domestic trips in Q2 2023, up 5% year-on-year,…
Skills Training on the Rise: How Workers Are Boosting Their Career Paths
Workers are actively retraining to enhance career opportunities. A Skillnet Ireland report highlights 90% see…
Limerick Surpasses Cork in Key Business Metrics: A Closer Look by Alan Healy
Limerick's wealth is surging beyond the hurling rivalry with Cork, driven by multinationals and economic…
Mobile Wallets Dominate: Capturing Nearly Two-Thirds of Contactless Payments
Irish card payments reached over €50bn in H1 2026, with mobile wallets leading contactless trends.…
ECB Raises Interest Rates by 0.25% to Tackle Inflation Surge
The European Central Bank raised interest rates to 2.50% to combat inflation driven by the…
Port of Cork CEO Alerts: Urgent Need for Funding Amid Rapid Energy Infrastructure Expansion
Ireland's ports risk missing infrastructure funding crucial for offshore wind energy, warns Port of Cork…
Consumer Loan Interest Rates Plummet: What This Means for You
New consumer loan interest rates in Ireland dropped to 6.72% in July. Fixed-rate loans rose,…
New President of Cork Business Association Prioritizes City’s Transport Revamp
Luas and BusConnects projects are vital for Cork's growth, says the new CBA president, Clara…
Oil Prices Soar to $100 Amid Ongoing US-Iran Conflict
Central bankers face new inflationary pressures, potentially sparking fresh economic challenges worldwide.
EU Music Revenue Surges Nearly €300m Thanks to Streaming Boom
EU recorded music revenue rose by 5.1% to €6bn in 2025, driven by streaming growth.…
Explore the Fascinating Transformations of Ireland’s Churches: Cork’s Latest Hits the Market for €375k
Church closures in Ireland are rising, highlighting a dilemma: how to repurpose these historic buildings.…
Contactless Payment Fraud Surges 27% to €179 Million – Alarming Rise in 54,000 Cases
Irish payment fraud costs soared 27% to €179m in 2025. Most fraud targeted accounts abroad.…
Crafting Wealth: How Tradespeople Can Thrive as Millionaires in the AI-Driven Economy
Many students worry about college entry, but trades like plumbing and electrical work are becoming…
Exchequer Faces €1.8bn Deficit as Apple Tax Windfall Diminishes
Exchequer deficit hits €1.8bn by August due to fading Apple tax boost. Despite a strong…
Central Bank: Customers Shifting to Smaller, More Frequent Card Purchases
Irish card transactions are more frequent but lower in value, with July spending at €9.98bn,…
Ireland’s Competitive Edge at Risk: Energy Leaders Sound Alarm Over Delayed Deliveries
Slow execution in Ireland's energy infrastructure risks losing international investment. Key conference to address challenges…
Electric Cars Dominate as the Nation’s Top Vehicle Choice
Electric cars lead in Ireland with 26.3% of new registrations in August, a 7% rise.…
Irish Pub Closures Surge: Nearly 25% Shut Since 2005, 1,000 More at Risk
A new report reveals a steep decline in Irish pubs, with one in four closing…
EU Faces Energy Crunch: Gas Reserves Hit 13-Year Low Amid Winter Concerns
Europe faces a gas storage crisis, with levels at a 13-year low, causing "winter panic"…
Exploring the Future of Irish Grocery: How Private Labels and AI are Shaping New Brand Identities
Irish grocers face debates on profit margins amid the cost-of-living crisis. Challenges include global conflicts…
Ireland Lags Behind EU in Public Electric Car Charger Availability
Ireland's electric car charging network lags behind Europe, with one charger for every 30 cars…
Employers Urged to Offer Flexibility Beyond Just Working Parents
Employers should formalize flexible working policies to support parents balancing work and school duties, ensuring…
Irish Household Wealth Soars to Record €1.4 Trillion—What It Means for You
Irish household net wealth hit €1.4 trillion, with significant gains from homes, pensions, and investments.…
Ireland Sees 9% Boost in July Tourism Spending as Visitor Numbers Surge
Tourist spending in Ireland rose 9% in July as foreign visitor numbers increased post-2025 decline.…
Irish Exports to Arab Region Surge by Almost 8% – Discover the Growth Drivers!
Irish exports to the Arab region rose 8% in the first half of the year,…
Company Faces €313,400 Tax Bill to Refund COVID Support
A company faces a €313,400 tax bill after failing to prove compliance with the Employment…