Author: splash

Car sales push retail sales sharply higher again

The volume of annual retail sales rose sharply again last month due to another surge in car sales, jumping 7.5% on an annual basis, new figures from the Central Statistics Office show today. The volume of retail sales rose by 2.8% in the month The CSO said that when the increase in motor trades was […]

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Consumer confidence hit 14-month high this month

Consumer confidence here hit a 14-month high this month, as concerns eased about the economic outlook. Hopes for additional Government measures to offer some respite from price pressures may also have boosted sentiment, the Credit Union Consumer Sentiment Index suggests. Confidence continues to be fragile though, with a majority of consumers still feeling that the […]

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ICTU calls for €2 increase to minimum wage

The Irish Congress of Trade Unions (ICTU) has called for the national minimum wage to be increased in January 2024 by €2, making the hourly rate €13.30. In a submission to the Low Pay Commission, ICTU said such an increase would go a considerable distance to providing a decent standard of living for low paid […]

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Solar power due to overtake oil production investment for first time – IEA

Investment in clean energy will extend its lead over spending on fossil fuels in 2023, the International Energy Agency said today, with solar projects expected to outpace outlays on oil production for the first time. Annual investment in renewable energy is up by nearly a quarter since 2021 compared to a 15% rise for fossil […]

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ICTU calls for €2 increase to minimum wage

The Irish Congress of Trade Unions (ICTU) has called for the national minimum wage to be increased in January 2024 by €2, making the hourly rate €13.30. In a submission to the Low Pay Commission, ICTU said such an increase would go a considerable distance to providing a decent standard of living for low paid […]

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Finance, tech and media have highest gender pay gaps – Deloitte analysis

Financial Services, Technology and the Media and Telecommunications sectors command the highest gender pay gaps in Ireland, according to an analysis by Deloitte. The study was based on information supplied by 350 organisations across six sectors in their Gender Pay Gap reports. Firms of all sizes are being mandated to produce a report outlining the […]

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Finance, tech and media have highest gender pay gaps – Deloitte analysis

Financial Services, Technology and the Media and Telecommunications sectors command the highest gender pay gaps in Ireland, according to an analysis by Deloitte. The study was based on information supplied by 350 organisations across six sectors in their Gender Pay Gap reports. Firms of all sizes are being mandated to produce a report outlining the […]

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Pressure likely to mount on banks to hike deposit rates

Banks are likely to come under pressure in the months ahead to offer better rates to customers putting money on deposit, according to one treasury specialist. The ECB has hiked interest rates by 3.75 percentage points since July of last year. While the main banks have not passed on the full extent of the rate […]

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Pressure likely to mount on banks to hike deposit rates

Banks are likely to come under pressure in the months ahead to offer better rates to customers putting money on deposit, according to one treasury specialist. The ECB has hiked interest rates by 3.75 percentage points since July of last year. While the main banks have not passed on the full extent of the rate […]

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Optimism among businesses, with 55% on ‘stable footing’

Over half of businesses are on a “stable footing”, according to new research by InterTradeIreland. Its latest all-island business monitor suggests that 2023 is off to a smoother start for many companies. 36% of businesses said they have reported growth in the first three months of the year, while a third of businesses said they […]

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