Category: Syndicated

Could rising interest rates cause property prices to fall?

Property markets worldwide are showing signs of slowing in response to higher interest rates with some going into reverse already. Here, the annual rate of growth in property prices nationally had slowed to just below 8% by the end of last year, the latest measure form the Central Statistics Office this week showed. In December […]

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Coalition leaders set to finalise cost-of-living plans

Senior coalition figures will meet this evening to finalise plans on cost-of-living measures, with the final package due to be signed off by the full Cabinet tomorrow. It is expected that some temporary supports that were in place will have to be unwound. The three coalition party leaders will be joined by the Ministers for […]

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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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