Category: Syndicated

Tech sector calls for Minister for Digital Delivery

Technology Ireland, the Ibec group representing the tech sector, has called for the appointment of a Minister of State for Digital Delivery. Based in the Department of an Taoiseach, the new role would have interdepartmental responsibility and would be tasked with overseeing digital policies and programmes. It is contained in Technology Ireland’s Policy Priorities Roadmap […]

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Widespread adoption of artificial intelligence in Irish businesses low – survey

Widespread adoption of artificial intelligence (AI) in Irish business remains low at just 6%, according to new research. PwC’s GenerativeAI (GenAI) Irish Business Leaders’ survey shows that 67% of respondents confirmed that they are either at the testing or partial implementation stages of AI adoption, up from 47% in June 2024. 86% of Irish business […]

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Number of homes built decreased 6.7% last year – CSO

A total of 30,330 homes were built in 2024, a decrease of 6.7% on 2023, according to figures from the Central Statistics Office. The latest figures from the CSO show the number of apartments completed in 2024 was 8,763 – a drop of 24% on the previous year. The number of single dwellings built was […]

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Irish investment market to top €3bn in 2025, CBRE predicts

The Irish property investment market is set to record over €3bn of transactions in 2025, according to commercial property specialists CBRE. Its latest report ‘Outlook 2025’ makes a number of predictions for each sector of the Irish property market in the year ahead. Last year, the market recorded over €2.4 billion of transactions, and CBRE […]

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UK Business Secretary leaves door open to joining European trade area

The UK Business Secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner in Davos. Jonathan Reynolds’ meeting with Maros Sefcovic came after the trade commissioner suggested Britain could join the Pan-Euro-Mediterranean Convention (PEM), which allows for tariff-free trade of goods across Europe, […]

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Wholesale electricity prices up almost 54% in year to December – CSO

New figures from the Central Statistics Office show that wholesale electricity prices fell by 6.2% in the month to December but were 53.9% higher compared to December 2023. The CSO said that wholesale electricity prices remain 64.7% lower than the peak that occurred in August 2022. The annual average price of wholesale electricity in 2024 […]

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Annual house price growth slows slightly to 9.4% in November – CSO

Property prices rose by 9.4% in the 12-month period to last November, according to the latest figures from the Central Statistics Office. The figures indicate a slight moderation in the pace of acceleration, but prices are still increasing and are 16% above their peak during reached during property boom in 2007. The rate of increase […]

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Economy to expand in 2025, employment to grow 2.4% – Ibec forecasts

Employers group Ibec has forecast that the economy will continue to expand in 2025 with employment growing by 2.4%. It said domestic demand would grow by 3% this year and by 2% in 2026. The organisation projected that consumer spending will grow by 3.1% while investment will expand by 4.2% this year. Ibec’s forecast comes […]

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Number of BER audits in 2024 up 7% on 2023’s total

New figures from the Central Statistics Office show that the number of domestic Building Energy Rating (BER) audits in 2024 came to 153,558, an increase of 7% over the total for 2023. The CSO noted that this was the highest number of BERs issued for any year since 2009. Today’s figures show that the number […]

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Number of BER audits in 2024 up 7% on 2023’s total

New figures from the Central Statistics Office show that the number of domestic Building Energy Rating (BER) audits in 2024 came to 153,558, an increase of 7% over the total for 2023. The CSO noted that this was the highest number of BERs issued for any year since 2009. Today’s figures show that the number […]

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