Author: splash

Irish mortgage rates at lowest level since April 2023 – Central Bank

New figures from the Central Bank show that the average interest rate on new Irish mortgages in December fell to 3.8% – the lowest rate since April 2023 – and down from 3.97% in November. The Central Bank said the equivalent euro area average decreased by eight basis points to 3.35% in December. It noted […]

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Flexible work remains essential for attracting talent – study

Recruitment firm Cpl has released its salary guide for 2025 detailing the expected pay levels for a wide range of roles across 20 different sectors. The guide is also emphasising that financial incentives alone no longer suffice and that flexible working remains an essential offering when it comes to attracting top talent. According to Cpl, […]

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Tánaiste to attend EU trade meeting on US tariffs

Tánaiste and Minister for Foreign Affairs Simon Harris will join an emergency meeting of EU trade ministers via video conference later to respond to US President Donald Trump’s imposition of tariffs on European steel and aluminium imports. European Commission President Ursula von der Leyen has condemned the tariffs and promised “firm and proportionate” countermeasures, although […]

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Irish CEOs optimistic about economy’s growth this year

Three quarters of Irish CEOs expect economic growth to pick up in the coming year, according to the latest CEO Survey from PwC. That compares to 50% of Irish CEOs last year, and is a significant improvement on the 2020 low of 16%. Almost two thirds of business leaders here also expect the global economy […]

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Govt examines introduction of ‘reference rents’ system

The Government is examining a recommendation in the Housing Commission’s report which backed the introduction of a system called “reference rents”. This would mean limits regarding how much a landlord could charge would be related to factors such as location and size of property. It is understood these reference rents could be one of a […]

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US tariffs will have some ‘secondary effects’ on Irish economy – Taoiseach

Taoiseach Micheál Martin has said there would be some “secondary effects” on the Irish economy as a result of US president Donald Trump’s announcement of 25% tariffs on all steel and aluminium products entering the US. Mr Trump announced the tariffs last night and warned of further reciprocal tariffs that would be announced early this […]

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Potential replacement of GMT for Ireland to be discussed at forum

The potential replacement of Greenwich Mean Time (GMT) with a domestic Irish equivalent will be among the topics discussed at a forum in Dublin. The National Standards Authority of Ireland (NSAI), in conjunction with Data Edge, Timing Solutions and HEAnet, is hosting Ireland’s inaugural Time & Sync Forum. Following on from the successful launch of […]

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Mortgage switching activity picks up again as rates fall

Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie. The volume mortgage customers switching lender spiked in 2022, just as the European Central Bank was poised to start raising interest rates. However, as ECB rates rose – and good fixed rate […]

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Oil prices climb as investors weigh new US tariffs

Oil prices moved higher today even as investors weighed US President Donald Trump’s latest tariff threat, this time on all steel and aluminium imports, which could dampen global economic growth and energy demand. Brent crude futures climbed 51 cents, or 0.7%, to $75.17 a barrel in early trade, while US West Texas Intermediate crude was […]

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New registry to clamp down on scam text messages

The Commission for Communications Regulation (ComReg) is setting up an SMS Sender ID Registry to identify legitimate organisations in order to help cut down on text message scams. The SMS Sender ID Registry is designed to help protect the Short Message Service (SMS) as a reliable and trustworthy communications channel. Business names and brands that […]

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