Category: Syndicated

Revenue collected 26% more corporation tax last year

May 13, 2019By Practicenetrevenue, Syndicated

Revenue collected 26% more corporation tax last year The amount of corporation tax collected by the state last year increased by 26% to €10.4 billion, according to the Revenue Commissioners’ annual report. The increase was driven by higher payments from manufacturing companies and increased payments from big multinational companies. The report also shows that the […]

UK economy expands on Brexit stockpiling

May 13, 2019By Practiceneteconomy, Syndicated

UK economy expands on Brexit stockpiling The UK economy grew by 0.5% in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed today. British gross domestic product expansion outpaced the 0.2% seen in the final three months of 2018, the Office for National Statistics said in a statement. The ONS added […]

Annual inflation hits seven-year high of 1.7% in April – CSO

May 13, 2019By Practicenetinflation, Syndicated

Annual inflation hits seven-year high of 1.7% in April – CSO Inflation hit a seven-year high of 1.7% in the year to April, new figures from the Central Statistices Office figures show. Today’s CSO figures are a sign of significant consumer price growth in the country after four years as European Union’s best performing economy. […]

Irish savers still earn the lowest return on their deposits across the Euro zone

May 10, 2019By Practicenetsaving, Syndicated

Irish savers still earn the lowest return on their deposits across the Euro zone Saver with €10,000 earns average of just €3 in Ireland – compared with €122 in the Netherlands It’s not getting any better for Irish savers. In fact, it could be getting worse. New figures show that Irish savers continue to earn […]

European shares tumble amid trade tensions

May 10, 2019By Practicenetshares, Syndicated

European shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US […]

Irish and Spanish bond sales could underline move away from ‘periphery’

May 10, 2019By Practicenetbonds, Syndicated

Irish and Spanish bond sales could underline move away from ‘periphery’ Irish and Spanish borrowing costs were close to record lows today ahead of planned bond sales that could well cement their move away from the “periphery”. This is a phrase used to describe the lower-rated and more volatile euro zone bond markets. Even though […]

China’s exports fall ahead of crucial trade talks

May 9, 2019By Practicenetchina, Syndicated

China’s exports fall ahead of crucial trade talks China’s exports fell more than expected in April while imports rose, official data showed today ahead of high-stakes talks aimed at resolving a trade war with the US. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week following […]

NTMA plans to launch new 2050 syndicated bond

May 9, 2019By PracticenetNTMA, Syndicated

NTMA plans to launch new 2050 syndicated bond The National Treasury Management Agency said today it plans to issue a new 2050 bond via a syndicated sale in the near future Market sources say the auction – which is subject to market conditions – is expected to raise about €3 billion. The NTMA has already […]

Irish economic growth set to moderate – Commission

May 9, 2019By Practiceneteconomic growth, Syndicated

Irish economic growth set to moderate – Commission The European Commission said today that GDP growth in Ireland is forecast to moderate as support from the external environment weakens and risks, including Brexit, grow. But in its latest quarterly economic forecast, the Commission said that underlying economic activity is expected to remain “robust” on the […]

Easter inflation bounce won’t end slowdown fears

May 8, 2019By Practicenetinflation, Syndicated

Easter inflation bounce won’t end slowdown fears A rise in headline inflation in April should have given comfort to the European Central Bank, but the pick-up was due to a rise in package holiday and airline fare prices at Easter and is set to fall back as the year progresses. Data from the European Statistics […]

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