Author: splash

Global IPO activity ‘cautiously optimistic’ in Q1

The global IPO market began the year on a cautiously optimistic note, according to analysis by EY, with activity declining in volume in the first quarter of the year, but increasing in value. 287 initial public offerings (IPOs) to the value of $23.7 billion were launched in the first three months of 2024, the report […]

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ECB expected to hold rates steady when it meets today

The Governing Council of the European Central Bank (ECB) will consider whether to make any changes to interest rates at a meeting in Frankfurt later today. But markets are not anticipating any alterations at this point, despite steady falls in eurozone inflation. Analysts do expect though that the ECB will begin trimming rates back from […]

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Irish mortgage rates edge higher in February – Central Bank

New figures from the Central Bank show that average mortgage rates in Ireland rose to 4.29% in February from 4.27% in January. The euro zone average mortgage fell for the third month in a row to 3.91%. Today’s Central Bank figures show that Irish mortgage rates are currently the seventh highest in the euro zone, […]

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WTO eyes global trade rebound but warns of risks

The World Trade Organization said today that global trade should rebound this year from an unexpected slump in 2023, but warned that regional conflicts, geopolitical tensions and economic policy uncertainty risked darkening the picture. In its annual trade forecast, the WTO disclosed that world trade volumes unexpectedly declined by 1.2% in 2023. That downgrade was […]

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Supreme Court rules personal injuries awards guidelines legally binding

The Supreme Court has ruled that guidelines on personal injuries awards voted into force by Ireland’s judges three years ago are legally binding and remain in force. In what was a complex but historic decision in relation to personal injuries awards, a seven-judge court dismissed the bulk of issues raised in an appeal brought by […]

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Euro zone banks lower bar on mortgages but demand keeps falling – ECB

Euro zone banks lowered the bar on mortgage approvals last quarter for the first time in over two years but demand for credit kept falling amid high borrowing costs and a stagnant economy, a European Central Bank survey showed today. The ECB has pushed interest rates to record highs to rein in inflation, bringing bank […]

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60% would turn down a job that does not offer hybrid work

60% of people would turn down a job if it did not offer hybrid working, new data shows. The latest Cpl Salary Guide reveals that 66% of those surveyed currently avail of hybrid working. Almost 40% said that flexible and remote working provides a better work-life balance and increased job satisfaction. “We see from this […]

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Higher level of affinity for family business in Ireland

Nearly three quarters of third level students who come from a family business background believe that the next CEO of the firm will be a family member, according to a study on succession carried out by Dublin City University in association with AIB. The study points to an unusually high level of affinity for involvement […]

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NAMA sought resolution unit as part of wind down

The State’s bad bank asked the Government to set up a ‘NAMA resolution unit’ because there was no way they could finalise all legal cases, insolvency, and property disposals before their official wind-up at the end of 2025. NAMA is due to be shut down at the end of next year but informed the Department […]

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Live Register figures ease by 0.2% in March – CSO

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for March decreased by 400 to 174,500 people – a fall of 0.2%. The CSO said the unadjusted Live Register total stood at 173,396 people for March and of these 54.6% were men. Today’s figures show that the 35-44 age […]

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