Category: Syndicated

Petrol and diesel prices continue to rise in January

The latest AA Ireland Fuel Survey shows that petrol prices have risen by two cents to an average of €1.76 a litre in January, while diesel prices have increased by three cents to €1.73 a litre. The rise in fuel prices follows an increase in crude oil prices, from $73 to $82 per barrel. But […]

Continue Reading

Half of Irish firms plan to increase investment in 2025

Almost half of Irish business plan to increase investment capital projects this year, new data shows. This is higher than UK firms, with just 37% planning to invest. The survey carried out by professional services firm Azets Ireland reveals that Irish companies have the highest level of intended investment in Northern Europe. Irish firms plan […]

Continue Reading

Irish employment market resilient despite US election caution

The forthcoming presidency of Donald Trump in the United States looms large over business in Ireland, and is reflected in the current employment market. The latest employment monitor from Morgan McKinley shows a 14.6% decline in professional job openings for the fourth quarter of last year, as multinationals exercise caution in their hiring strategies. “The […]

Continue Reading

Annual inflation rises to 1.4% in December – CSO

Inflation in Ireland is beginning to rise again, according to the latest figures from the Central Statistics Office. The increase in the cost of living was 1.4% in the 12 months to December 2024, as measured by the CSO’s consumer price index. This marks a doubling of inflation from the 0.7% level recorded in September […]

Continue Reading

Annual inflation rises to 1.4% in December – CSO

Inflation in Ireland is beginning to rise again, according to the latest figures from the Central Statistics Office. The increase in the cost of living was 1.4% in the 12 months to December 2024, as measured by the CSO’s consumer price index. This marks a doubling of inflation from the 0.7% level recorded in September […]

Continue Reading

Holyhead sailings resume following closure in December

Sailings into and out of Holyhead Port have resumed this morning, after a temporary closure due to damage caused by Storm Darragh in early December. Of the two ferry berths that were damaged, one has reopened. However, Holyhead Port has insisted that it will still be able operate at full volume by altering its schedule. […]

Continue Reading

Wind and solar farms saved Irish consumers €840m since 2000

Wind and solar farms have saved Irish consumers a total of €840 million since the year 2000, according to new research for Wind Energy Ireland. This is despite over €6 billion having to be invested in network costs and government subsidies to develop the renewables sector throughout that period. The analysis suggests a further €640 […]

Continue Reading

Land sales across Ireland topped €900m last year

Land sales worth just over €900m were completed across the country last year, new figures show. This is nearly three times the total spend recorded in 2023, but still slightly below the ten-year annual average. The figures from CBRE Ireland show that over €415 million of transactions were recorded between October and December 2024. This […]

Continue Reading

SEAI pays record €616m in grants for energy upgrades and projects in 2024

The Sustainable Energy Authority of Ireland (SEAI) has said it disbursed a record €616 million in grants and supports for energy upgrades and clean energy projects last year. This represented a 13% increase in activity by the national energy authority in 2024. Two thirds of the funding, or €420 million, was allocated to 54,000 home […]

Continue Reading

New govt plans to cut VAT rate to 9% for parts of hospitality sector

The incoming government intends to cut the VAT rate to 9% for food-based hospitality, entertainment and hairdressing in the next budget. It is also understood the new programme for government will contain a commitment to continue work on enacting the Occupied Territories Bill. The move follows commitments in the document, which will be published later […]

Continue Reading