Economy News
Car Loan Market Soars to Almost €300 Million in First Quarter Surge
Irish consumers borrowed nearly €300m for new cars in early 2023, a 14.1% rise, with…
Irish Services Sector Sees Rapid Growth with Surge in New Businesses and Employment
Irish services sector growth accelerated in July, driven by rising new business and employment amid…
Ireland Sees a 61% Surge in Venture Capital Investment
Venture capital in Ireland surged by 61% in Q2, driven by large deals like Fonoa…
How the New Budget Offers a Simplified Path for Irish Business Successions Through Management Buy-Outs
Over the coming months, measures to boost Ireland's business growth and investment will be debated.…
Irish Workers Confident Against AI Job Threats, Call for Greater Transparency
Survey: Nearly two-thirds of Irish workers feel job-safe despite AI, with many trusting organizations for…
Eurozone Economy Surges as Inflation Eases to 3.1%
Ireland's inflation dropped to 3.1% in July. Eurozone growth exceeded expectations, driven by AI investment…
Irish Travelers Set Sail for Exciting New Cruise Destinations
Rising travel costs influence decisions for 68% of travelers. Click&Go's survey highlights strategic booking, popular…
GDP Experiences Modest Growth in Second Quarter Boost
Q2 GDP rebounded by 3.9% after Q1's 7% contraction, driven by the tech sector. Despite…
Chambers Ireland Warns New US Tariffs Escalate Uncertainty for Exporters
Irish and International Chambers voice concern over new US tariffs on EU imports, urging stable…
Household Wealth Surges 9% in First Quarter: Here’s What It Means for You
Irish household wealth rose over 9% to €484.9bn in Q1, driven by insurance and pensions.…
Many Workers Delay Retirement Planning Until the Last Six Months: Are You Prepared?
A survey reveals 1 in 7 Irish workers delay retirement planning until 6 months out.…
Wholesale Electricity Prices Surge 42% Year-Over-Year — What This Means for Your Business
Wholesale electricity prices rose 42% year-on-year in June amid Middle East conflicts but fell month-on-month…
Multinational Sector Slump Forecasts First GDP Contraction in Years
Bank of Ireland forecasts a 3% GDP contraction due to multinational declines, with domestic growth…
Trump Sparks Trade Tensions with Bold 50% Tariff Plan on Canadian Goods
The Trump administration plans a 50% tariff on select Canadian goods, escalating trade tensions. This…
Cork Sees Skills Surge: 11,600 Workers Boost Careers with State’s Upskilling Programs
In 2025, over 11,600 workers in Cork joined State-backed upskilling via Skillnet Ireland, with €74m…
Government Debt Surges by €5.5 Billion in First Quarter: What It Means for Businesses
Ireland's government debt rose by €5.5bn to €215.4bn, or 37% of GDP, in Q1. Future…
Majority of Public Sees Hosting Events Like Ryder Cup, Euro 2028 as Valuable Investments
Two-thirds of Irish people support government investments in major sporting events, seeing them as valuable.…
Inheritance Tax Reform Campaign Advocates Make Strong Case to Taoiseach in Key Meeting
Campaigners for inheritance tax reform in Ireland met with Taoiseach Micheál Martin, pushing for a…
Irish Employment Rate for People with Disabilities Lags Behind UK and EU Standards
The Mind the Gap Summit revealed that disability employment rates in Ireland lag behind the…
Central Bank Faces Controversy: Gabriel Maklouf on Ignoring Genocide Risk in Israeli Bond Approvals
The Central Bank can't consider genocide risk when approving Israeli bond prospectuses due to EU…
Irish Exports Plummet by 30% Amid New ‘Liberation Day’ Tariffs
Irish exports plunged nearly 30% in May, influenced by last year’s unusual US surge and…
Dublin vs. Rest of Ireland: House Prices Surge 6.2% in May Amid Market Divide
House prices rose 6.2% annually in May, with Dublin up 4.7% and regions outside the…
Fed Chair Kevin Warsh Ready to Defend Role Amid Potential Trump Challenge
Federal Reserve Chairman Kevin Warsh vows to maintain independence amidst potential pressure from Trump, focusing…
Cork’s New Cohousing Project: A Game-Changer for the Housing Crisis
Cohousing Communities Ireland advocates for government support to develop cohousing projects in Cork, Dublin, and…
Irish Trade Unions Advocate for €1 Minimum Wage Boost
The Irish Congress of Trade Unions urges a €1 minimum wage increase in their Budget…
June Sees Dip in Construction Activity and New Orders, Reports PMI
Construction activity and new orders fell in June due to rising costs and market slowdown,…
FIFA Profits Soar at Controversial World Cup, Boosting Gianni Infantino’s Success
With the World Cup facing controversies, FIFA's Gianni Infantino stays strong, focusing on revenue as…
Ireland Boasts Europe’s Smartest Workforce, But Faces a Shortage of Suitable Jobs
Ireland's well-educated workforce draws multinationals, but a skills mismatch looms. Future demands shift to essential…
Why Employers Are Key to Making Paternal Leave the New Workplace Standard
Paternity leave should be normalized in workplace culture, offering benefits to both employers and employees.…
Food Prices Stabilize, Driving Inflation Downward
Inflation rose by 3.4% in June 2026, slowing slightly from May. Major increases were seen…
Irish Mortgage Rates Match Euro Area Average After Three-Year High
Irish mortgage rates have reached the euro area average for the first time in over…
Harris Advocates for Strategic Borrowing to Boost Wealth Funds
Finance Minister Simon Harris defends borrowing for Ireland’s wealth funds, citing investment in future competitiveness.…