Category: Syndicated

Significant increase in the number of new mortgages approved in Febraury

Significant increase in the number of new mortgages approved in Febraury New figures show there was a significant increase in the number of new mortgages approved by banks in Ireland last month. According to the data from the Banking and Payments Federation of Ireland, the number of mortgages given the green light during the month […]

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Euro zone business lending rebounds in February

Euro zone business lending rebounds in February Corporate lending growth in the euro zone rebounded last month, European Central Bank data showed today, easing fears that banks are stopping the flow of credit to corporations amid a growth slowdown. Corporate lending expanded by 3.7% in February, picking up from 3.4% in January. But the reading […]

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Number of Irish companies reporting carbon emissions to CDP falls

Number of Irish companies reporting carbon emissions to CDP falls The number of Irish companies reporting on their carbon emissions fell to 28 last year, from 30 in 2017. This is according to the CDP Ireland ‘Climate Change Report 2018’. However, there was an improvement in the quality of emissions reduction, with a 56pc increase […]

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Lenders say law ‘will push up mortgage lending rates’

Lenders say law ‘will push up mortgage lending rates’ LEGISLATION to regulate the sale of mortgages to vulture funds will push up interest rates on home loans, the Banking and Payments Federation said. And the No Consent, No Sale bill will also make it harder for banks to raise finance to fund mortgage lending. This […]

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Irish property market ‘leads way in Europe’

Irish property market ‘leads way in Europe’ Growth in Ireland’s property market remains “significantly ahead” of the rest of Europe, according to the European arm of US investment giant Starwood Capital. The European division said Dublin features low vacancy rates in prime offices, hotels that have the top occupancy rates of all cities in Europe, […]

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The big impact of Brexit on Ireland’s small businesses

The big impact of Brexit on Ireland’s small businesses Opinion: there is no doubt that Brexit will impact small businesses, but the impact is and will be different for different sectors The economic and political uncertainty surrounding Brexit is a constant in our news cycle since the referendum in the UK in 2016 and there […]

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Oil consumption here continues to increase with diesel volumes up 42% last year

Oil consumption here continues to increase with diesel volumes up 42% last year The organisation representing the petroleum industry here has pledged to play its part in Ireland’s transition to a low carbon and environmentally sustainable economy. But the Irish Petroleum Industry Association (IPIA) says moving to such an economy requires a clear understanding of […]

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Mortgage rules and Brexit cause Dublin house prices to fall

Mortgage rules and Brexit cause Dublin house prices to fall Brexit is continuing to cause uncertainty at the upper ends of the property market here. That’s according to agent REA, which says the market has segmented into two groups – those who need to buy and those who are able to choose when they can […]

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Government pledges to generate 70% of electricity from renewable sources by 2030

Government pledges to generate 70% of electricity from renewable sources by 2030 The Government has pledged to generate 70% of the country’s electricity supply from renewable sources by 2030. The figure is up from the current target for the period, which stands at 55%. The commitment will form part of the new climate action plan […]

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Ireland jumps to fifth in the world for competitiveness

Ireland jumps to fifth in the world for competitiveness Ireland has become the fifth most attractive country in the world to do business in, according to a new study. Ireland has risen by two places in the latest BDO International Compass, which measures the competitiveness of a country across the three areas of economic, politico- […]

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