Author: splash

Grocery price inflation soars to new record of 16.3%

New figures from Kantar show that grocery price inflation hit 16.3% in the 12 weeks to 23 January – the highest level seen since the consultants started tracking grocery inflation. Irish households are now facing an extra €1,159 on their annual shopping bills if they do not change their behaviour to cut costs, Kantar warned. […]

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Cabinet to hear planned changes to State-backed mortgage scheme

The Cabinet will be briefed by Minister for Housing Darragh O’Brien today on plans to increase thresholds for a State-backed mortgage scheme for people who cannot get loans to buy homes from banks. The Local Authority Home Loan was launched in January of last year as party of the Government’s Housing for All strategy. The […]

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Increase in searches for part-time and casual work as wage growth slows

There has been an increase in job searches for part-time and weekend work, as well as jobs requiring no experience, according to job site Indeed. The company said the increase likely reflects the need for those normally on the outskirts of the job market, such as the long-term unemployed or younger people, to enter or […]

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New legislation to reduce cost of injury claims

A Government initiative to increase the number of personal injury claims settled through mediation will begin to come into force next week. Last year, the Government steered legislation through the Oireachtas with the stated aim of reducing the expense and time associated with personal injuries litigation. Part of the legislation comes into force on 13 […]

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Work-life balance, not pay, biggest factor for Irish job seekers

Work-life balance is now the number one influence for Irish professionals when they are seeking a new job, research has found. The study also revealed that nearly six in every ten applicants would refuse a job offer if they had a negative experience during the recruitment process. The Future of Recruitment survey, carried out by […]

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Growth in service sector picks up in January

Growth in the country’s service sector picked up in January, according to the latest AIB Services Purchasing Managers’ Index (PMI). The data shows that activity and new business throughout the month increased at faster rates. The business activity index rose for the second month running, climbing to 54.1 from 52.7 in December and 50.8 in […]

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Irish debt burden among highest per capita in the world at €44,250

The national debt stood at €226 billion at the end of last year, according to the Department of Finance’s Annual Report on Public Debt in Ireland. That is equal to €44,250 for every man, woman and child in the country and is one of the highest per-capita debt burdens in the world, according to the […]

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ECB expected to hike interest rates by further 0.5%

The Governing Council of the European Central Bank meets in Frankfurt today where it is widely expected to increase interest rates by a further half a percentage point. Interest rates have been increased four times by the European Central Bank since July last year in an effort to bring inflation down. It is widely expected […]

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ECB expected to hike interest rates by further 0.5%

The Governing Council of the European Central Bank meets in Frankfurt today where it is widely expected to increase interest rates by a further half a percentage point. Interest rates have been increased four times by the European Central Bank since July last year in an effort to bring inflation down. It is widely expected […]

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European Parliament President to address Oireachtas

European Parliament President Roberta Metsola will address a joint sitting of the Oireachtas later today. Ms Metsola arrives in Ireland this morning for the start of a two-day visit, during which she will meet President Michael D Higgins, Taoiseach Leo Varadkar and Tánaiste Micheál Martin. The visit has been organised to mark 50 years of […]

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