Category: Syndicated

The Chairman of the Irish Fiscal Advisory Council has expressed concern at the Government plans to run a deficit of almost 3%, which would result in a modest fall in the ratio of debt to national income from 110% to 106% by 2025. Sebastian Barnes, who works at the OECD Economics Department, said Ireland has […]

Consumers now feel safer going to restaurants, hotels and attending in-person events, according to a new survey from Deloitte. Their monthly ‘Consumer Tracker’ survey tracks Irish consumers’ attitudes towards personal wellbeing, financial concerns, travel and hospitality, transport and retail. The most recent data was gathered between 24 and 30 June. It shows that consumers’ financial […]

There are indications in Bank of Ireland’s latest Savings and Investment Index that appetite for saving money is declining as the economy continues to gradually reopen. In May of last year, 55% of people surveyed by the bank said they saw it as a good time to save money, but this had dropped to 47% […]

Minister for Finance Paschal Donohoe has said he is “so committed” to retaining Ireland’s low corporate tax rate that he is not willing to sign up to a new international tax agreement in its current form. 130 countries and jurisdictions have signed up to a plan that will bring sweeping new reforms to global corporation […]

Almost two thirds of parents surveyed by the Irish League of Credit Unions for its annual back to school survey say that covering the cost of sending a child to school amounts to a financial burden. Around a quarter of respondents say they get into debt in order to cover the costs every year. The […]

Retail banks here have collectively spent over €3 billion in the past five years on delivering new digital services for customers, according to the Banking & Payments Federation of Ireland. The services provided include end-to-end online mortgages, new and secure payment apps, personal loan applications, instant account opening, data analytics, money management tools and SME […]

The Central Bank has published data on employers’ liability, public liability and commercial property insurance for the first time. The information will form part of the National Claims Information Database. The report highlights a stark difference in legal costs between claims that go through the Personal Injuries Assessment Board and those that are pursued through […]

Half of tenants surveyed by the Residential Tenancies Board say they are spending more than 30% of their net income on rent, with 20% of tenants in Dublin spending more than 50% of their total income. The RTB survey was conducted between September 2019 and March 2020. Carried out by Amarach Research, it surveyed 1,038 […]

The Central Bank has said more action is needed from mortgage lenders to deal with long term mortgage arrears. Deputy Governor Ed Sibley said there are wider issues associated with the legacy of mortgage arrears including the cost of credit for all borrowers and the attractiveness of the Irish mortgage market for new entrants. Mr […]

The Taoiseach has said compliance with new rules around indoor dining is something that public will have to “buy into”. His comments come ahead of a meeting between representatives of the hospitality sector and senior Government officials this afternoon regarding the planned resumption of indoor hospitality, following a Cabinet decision last night. Speaking this morning, […]