Category: Syndicated

86% of Irish believe energy crisis is harming EU economy, poll suggests

More than three quarters of Irish people believe the energy crisis is harming the EU economy while nearly 60% of people say member states should be allowed to delay meeting their EU climate change targets in order to tackle the energy crisis. The findings are part of today’s Red C/European Movement Ireland opinion poll, which […]

Continue Reading

CCPC survey shows gaps remain in pension planning

New research shows that significant gaps remain in Irish pension planning, with 38% of people surveyed having no pension in place. The research was carried out by the Competition and Consumer Protection Commission (CCPC) and comes during Pensions Awareness Week. When asked by the CCPC the reasons for not having a pension in place, 32% […]

Continue Reading

Level of mortgage arrears continue downward trend in Q2 – Central Bank

New Central Bank figures show the downward trend in the level of mortgage arrears seen over the past number of years continued during the second quarter of 2022. The Central Bank said the number of home mortgage accounts in arrears fell by 2,071 in the second quarter of the year after a decline of 292 […]

Continue Reading

Cabinet to hear State pension age should not go beyond 66

Minister for Social Protection Heather Humphreys is bringing proposals to Cabinet to ensure the State pension age remains at 66 – rather than 68 as recommended by the Pension Commission. It is understood Ms Humphreys is also recommending a flexible pension age, in which people who choose to work beyond 66 years of age receive […]

Continue Reading

Making a small income from solar power in the home

Most of us have been peering at our gas and electricity bills through our fingers in recent months. And the fear that accompanies the arrival of what increasingly resembles a mortgage repayment is about to intensify even further. Some have already reported receiving utility bills that are two to three times what they were paying […]

Continue Reading

Budget about ‘putting more money in people’s pockets’ – Varadkar

Tánaiste Leo Varadkar has said the main objective of this year’s Budget is “putting more money in people’s pockets” and also reducing the bills people have to pay. Speaking on RTÉ’s The Week in Politics, he said there are three elements to a household budget, “what you get paid, how much you get to keep […]

Continue Reading

People pushing out retirement plans due to cost of living – survey

A new survey shows that more than two in five people in Ireland without a pension have either delayed starting one or delayed their planned retirement date due to the cost-of-living crisis. The survey was commissioned by Pensions Awareness Week. It also reveals that 4% of pension holders have actually cashed in their pensions in […]

Continue Reading

Oil ticks up, but on track for weekly loss on recession fears

Oil prices edged higher today but were on track for a weekly decline amid fears of sharp interest rate hikes that would slam global growth and hit fuel demand. Brent crude futures were up 56 cents, or 0.6%, to $91.40 a barrel in early trade, but were down 1.5% for the week so far. US […]

Continue Reading

European car sales rise in August, ending 13 month run of falls

European new car registrations grew in August, bringing an end to 13 months of consecutive decline, data from the region’s carmaker association showed today. The number of new vehicles registered in the European Union, Britain and the European Free Trade Association (EFTA) grew by 3.4% on the year to 748,961 units, the European Automobile Manufacturers […]

Continue Reading

Cost-of-living crisis adding to competitiveness challenge – NCPC

The global cost-of-living crisis has added to the urgency for the Government to address Ireland’s competitiveness and productivity position. This is according to the National Competitiveness and Productivity Council, as it launches its 2022 Competitiveness Challenge report. The publication of this year’s study coincides with an economic environment in which businesses and consumers are grappling […]

Continue Reading