Author: splash

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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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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Age Friendly: Why companies should value older customers

Around 800,000 people over the age of 65 are currently living and shopping in Ireland, but do companies really value their business? This age group is the wealthiest in the country, with the customer base set to grow to a massive 1.6 million by 2051. We’ve been finding out what it means to be an […]

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McGrath to bring plan to Cabinet over corporation tax windfall surplus

Minister for Finance Michael McGrath has said he is planning to bring a proposal to Cabinet on how Ireland should deal with the large corporation tax windfall surpluses forecast to flow into the State. Speaking on RTÉ’s Prime Time last night, he said there was a surplus last year of around €8 billion, and the […]

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McGrath to bring plan to Cabinet over corporation tax windfall surplus

Minister for Finance Michael McGrath has said he is planning to bring a proposal to Cabinet on how Ireland should deal with the large corporation tax windfall surpluses forecast to flow into the State. Speaking on RTÉ’s Prime Time last night, he said there was a surplus last year of around €8 billion, and the […]

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Home prices rose faster than mortgage values in second half of last year

The increase in median mortgage values was slower between 2020 and 2022 than the rise recorded in property prices over the same period, new data shows. According to the figures compiled by the Banking and Payments Federation Ireland (BPFI), while the median value of properties purchased by first time buyers rose by €35,000 over the […]

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Finance union calls for regulations for surveillance of staff

The Financial Services Union (FSU) will today urge TDs and senators to consider new regulations and legislation to cover the technological surveillance of staff by their employers. In an address to the Oireachtas Committee on Enterprise, Trade and Employment, the FSU will highlight the findings of a recent survey of its members which showed that […]

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Wholesale electricity prices down over 40% in April

Prices paid for raw materials by manufacturers fell in April for the first time since November 2021, new Central Statistics Office figures show today. The Wholesale Price Index fell by 1% compared to March and by 0.7% compared to April 2022. Producer prices for exported goods fell by 1% in the month and are down […]

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