The latest retail data shows that 50% of households in Ireland bought baking supplies in recent weeks, with flour sales up 52% and sugar sales rising by 43%. The data from Kantar also shows that home grocery sales grew by 17.2% in the 12 weeks to 19 April. But Kantar said that sales of non-grocery […]
Category: Syndicated
There are now 598,000 people dependent on the Covid-19 Pandemic Unemployment Payment, which is up 7,000 in the last week, according to the latest figures from the Department of Employment Affairs and Social Protection. This week’s Pandemic Unemployment Payments will cost €209.3m, with 11,000 recipients receiving the payment for the first time this week. Workers […]
New figures from Banking and Payments Federation Ireland show that a total of 8,728 new mortgages worth €1.996 billion were drawn down by borrowers during the first quarter of 2020. BPFI said this represents an increase 1.8% in volume and 6% in value on the corresponding first quarter of 2019. Today’s figures show a […]
New figures from the Central Statistics Office show that 23.3% of businesses have ceased trading temporarily since the outbreak of Covid-19, while 0.6% have ceased trading permanently and 76% continue to trade. The CSO today published the first results of its Business Impact of Covid-19 Survey, the first of a temporary fortnightly snapshot of how […]
European stock markets and oil prices fell this morning as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global markets. European shares opened down 2.5% with U.S. stockfutures trading close to 1% in the red. Earlier, MSCI’s broadest index […]
The residential property market is now at its lowest level for a first quarter since 2017, while sales in six counties in Leinster down by at least 6% compared with the same time last year, a new study shows. The study, based on an analysis of residential property sales recorded in the Property Price Register, […]
More than 427,000 workers are now having their wages subsidised by the Government under the Temporary Wage Subsidy Scheme, according to the latest figures published by the Revenue Commissioners. More than 50,900 employers have registered for the TWSS with the Revenue Commissioners, who administer the scheme. Of those, 43,000 have already received subsidy payments. In total, […]
Manufacturing in Ireland is going through record falls in output and employment, according to a new survey. The AIB Manufacturing Purchasing Managers Index shows that in April output, new orders, exports and purchasing all fell at the fastest rates ever recorded. The survey also found that it is taking longer for suppliers to deliver raw materials […]
Households face increases in their energy bills from today as the hike in the carbon tax kicks in. The tax was raised by €6 to €26 per tonne of carbon dioxide in last year’s budget. However, the increase was postponed until today on home heating fuels such as coal, peat, natural gas and home heating […]
Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Union’s executive said today. The European Commission set out a fresh package of temporary “quick fixes” offering capital relief that would support extra lending potentially worth up to €450 billion to companies struggling as […]
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Main Street,
Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
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Web: www.michaelfdolan.ie
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