Author: splash

1 in 12 vehicles on Irish roads not insured – Motor Insurer’s Bureau of Ireland

The number of uninsured private vehicles on Irish roads grew for the third year in a row, according to new research carried out by the Motor Insurers’ Bureau of Ireland. Last year the total number of private vehicles driving without insurance reached 187,803, an increase of 13,626 on 2021. The figures show that uninsured vehicles […]

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Annual rate of inflation slows to 7.8% in January – CSO

New figures from the Central Statistics Office show that the annual rate of inflation slowed to 7.8% in January from 8.2% in December. The CSO said that prices fell overall in the month by 0.8%. Core inflation, which strips out energy and food prices, stood at 5%. The traditional January sales saw the price of […]

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1 in 5 Irish firms experienced cyber attack last year – survey

Almost one in five Irish firms experienced a cyber attack or data breach in 2022, according to a new survey. The study from professional services firm Aon shows that large companies with more than 250 employees are more at risk. According to the research, 35% of firms have provided cyber security training to employees which […]

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Ministers finalising proposals on cost of living measures

Work is set to continue across Government over the next few days on drawing up another round of measures to assist households to cope with the rising cost of living. Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe are finalising proposals that will go to Government party leaders before a final […]

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House price growth slows to 7.8%, down from 8.5% – CSO

The rate of increase in residential property prices nationally continued to slow during the final month of last year, according to the latest data from the Central Statistics Office. In the year to the end of December, prices across the country rose by 7.8%, down from 8.5% in the twelve months to the end of […]

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Govt examining new round of cost-of-living supports Draft

The Coalition leaders and senior ministers will consider a new round of cost-of-living financial supports later today, ahead of a decisive Cabinet meeting on Tuesday. Taoiseach Leo Varadkar said last night that expectations need to be tempered against the financial limits set by last September’s Budget. Mr Varadkar re-iterated that this new package would be […]

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Irish exports and imports hit record highs in 2022

The value of Irish exports and imports hit a new record high last year, according to the Central Statistics Office, despite the challenging economic backdrop. Total exports reached €208 billion, up over €42 billion or 26% compared with the previous year. While total imports were worth €140 billion, an increase of €36 billion or 35%. […]

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‘Golden visa’ programme to be scrapped

Applications will no longer be accepted under the Immigrant Investor Programme (IIP) from the close of business on Wednesday, the Minister for Justice has confirmed. Simon Harris said the scheme had been under review for “quite a period of time” and that “strong advice” was presented to him recently that led him to make this […]

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For richer, for poorer: The wedding business is booming

After a pandemic imposed shutdown, the wedding sector is booming once again. But that surge in demand, coupled with inflation means those looking to say ‘I do’ can expect to pay higher prices for their big day. Those working in the industry say the price of hosting a wedding is up around 20% compared to […]

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Decision on VAT rate for hospitality expected next week

Taoiseach Leo Varadkar said there will be further meetings this week in relation to the hospitality VAT rate, involving the key ministers of finance, public expenditure, social protection and the party leaders. The 9% VAT rate for the industry is due to expire at the end of the month, when it will revert to 13.5%. […]

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