Author: splash

Around a fifth of loans to small and medium enterprises, to which pandemic payment breaks were applied, need further support or are entering arrears. This is according to the Central Bank in its latest SME Market Report. Just under half of loans to which payment breaks were applied have returned to full payment on extended terms […]

Over 70% of people don’t talk about their finances at all or will only do so if they have to, according to research by Bank of Ireland. The survey of 1,000 people asked people to rank their level of comfort or discomfort when discussing a series of issues. It found that finance is on a […]

From the United States to Israel, from Australia to Ireland – most agree that a rapid rollout of the Covid-19 vaccination is the key to reopening the economy. But already, employers, unions and lawyers are grappling with thorny issues around vaccination – including what happens when an employee does not want to get vaccinated. Publican […]

The National Youth Council of Ireland has described as “eye-watering” the high level of unemployment among young people and warned of a social and economic crisis if they are not able to get a foot on the jobs ladder. Speaking on RTÉ’s This Week programme, James Doorley, Deputy director of the National Youth Council, said six […]

The total cost of direct Covid-19 related spending to the state across 2020 and 2021 is estimated to reach €28 billion by the end of this year, the Minister for Public Expenditure and Reform has said.  Addressing the Institute of International and European Affairs this morning, Michael McGrath also said the deficit for this year is […]

Irish consumers lost over €12 million through debit and credit card scams in the first half of last year, according to new figures published by the Banking & Payments Federation Ireland (BPFI). The data shows that online card fraud was up 21% in the first six months of 2020, reflecting the boost in online shopping […]

The Central Bank has revised upwards its forecast for economic growth in the economy this year in its latest quarterly bulletin.  It says longer pandemic restrictions have slowed the domestic economy but this will be offset by greater demand for exports.  It predicts that when measured by gross domestic product, the economy will grow by […]

Today’s Government announcement will provide relief for some sectors. The Irish Hairdressers Federation has welcomed the news that the industry could be allowed to reopen in May. However, it has called for further clarity on the dates involved in order to move forward. Danielle Kennedy, the Federation’s President, said while they do welcome the indication of a May […]

Listed house prices have increased by 7.6% on average over the past year, while the number of homes available to buy are down 34%, according to the latest report from property website Daft.ie. The average listed price in the first quarter of last year was €256,000. That has since increased to €276,000 this quarter. According to […]