Author: splash

Consumer confidence hit a 23-month high this month, according to KBC Bank Ireland’s latest consumer sentiment index. The index rose to 85.8 in May from 77.9 in April, as the Covid-19 virus incidence declined and the vaccination rollout picked up pace. It now stands at its strongest level since June 2019, when it was at […]

The Economic and Social Research Institute has said “sizeable tax increases in the years ahead” will be needed to fund public services. In a paper published today, the think-tank said an over-reliance on corporate tax receipts and changes to motor tax means alternative sources of revenue will have to be found. Even before the pandemic, […]

The chief economist of the European Central Bank Philip Lane has said he does not believe economies are “entering some new inflationary environment”. He said there is “zero connection between spikes in prices in the reopening of the world economy and inflation trends.” Professor Philip Lane was speaking at an online event hosted by the […]

New research has found that a person with a disability is four and-a-half times more likely to be unemployed than those in the general population. The study also shows that a black person is six times more likely to be without a job. This rises to 13 times amongst Travellers. The research, which aims to […]

New research has found that a person with a disability is four and-a-half times more likely to be unemployed than those in the general population. The study also shows that a black person is six times more likely to be without a job. This rises to 13 times amongst Travellers. The research, which aims to […]

Demand is high and supply remains low. That’s the stark reality of the country’s housing market. The Government hopes its proposal to introduce a stamp duty charge of 10% on the purchase of ten or more houses will free up some of that limited supply. But the big question is will it work? Joanne Hogan […]

New personal injury guidelines for the insurance industry will “positively” impact premiums, according to the CEO of Zurich Ireland. Anthony Brennan said in the coming weeks, the company will implement changes to customers premiums to reflect the impact of the reforms. Mr Brennan was addressing the Committee on Finance, Public Expenditure and Reform, which today […]

A new survey shows that 43% of organisations overall reported that absenteeism fell during 2020. This figure was even higher in the public sector at 59%, according to the CIPD Ireland annual HR Practices in Ireland survey, carried out with the Kemmy Business School at University of Limerick. The survey also revealed that while 89% […]

The European Commission has proposed new corporation tax rules in Europe that could allow companies to file one tax return for all its operations in the EU. The EU’s “Business in Europe: Framework for Income Taxation” (BEFIT) will be a single rulebook for companies trading in Europe. It will replace an earlier Commission proposal called […]