News

A Government initiative to increase the number of personal injury claims settled through mediation will begin to come into force next week. Last year, the Government steered legislation through the Oireachtas with the stated aim of reducing the expense and time associated with personal injuries litigation. Part of the legislation comes into force on 13 […]

Work-life balance is now the number one influence for Irish professionals when they are seeking a new job, research has found. The study also revealed that nearly six in every ten applicants would refuse a job offer if they had a negative experience during the recruitment process. The Future of Recruitment survey, carried out by […]

Growth in the country’s service sector picked up in January, according to the latest AIB Services Purchasing Managers’ Index (PMI). The data shows that activity and new business throughout the month increased at faster rates. The business activity index rose for the second month running, climbing to 54.1 from 52.7 in December and 50.8 in […]

The national debt stood at €226 billion at the end of last year, according to the Department of Finance’s Annual Report on Public Debt in Ireland. That is equal to €44,250 for every man, woman and child in the country and is one of the highest per-capita debt burdens in the world, according to the […]

The Governing Council of the European Central Bank meets in Frankfurt today where it is widely expected to increase interest rates by a further half a percentage point. Interest rates have been increased four times by the European Central Bank since July last year in an effort to bring inflation down. It is widely expected […]

The Governing Council of the European Central Bank meets in Frankfurt today where it is widely expected to increase interest rates by a further half a percentage point. Interest rates have been increased four times by the European Central Bank since July last year in an effort to bring inflation down. It is widely expected […]

European Parliament President Roberta Metsola will address a joint sitting of the Oireachtas later today. Ms Metsola arrives in Ireland this morning for the start of a two-day visit, during which she will meet President Michael D Higgins, Taoiseach Leo Varadkar and Tánaiste Micheál Martin. The visit has been organised to mark 50 years of […]

Inflation in the euro area fell to an annual rate of 8.5% in January from 9.2% in December, according to an initial estimate from Eurostat. Energy inflation fell to an annual rate of 17.2% from 25.5% in December. But food inflation increased from 13.8% to 14.1%. Core inflation, which strips out the effect of food […]

The Irish Hairdressers Federation has called for the retention of the 9% VAT rate for the sector ahead of its planned rise in the coming weeks. The rate is due to increase to 13.5% on 1 March. The federation said hair salons have seen their costs rise dramatically in the past year and the VAT […]

The EU’s statistical agency, Eurostat, has estimated that the euro area economy, measured by GDP, grew by 0.1% in the last three months of last year compared to the previous three months. Across 2022, Eurostat estimates that the euro area economy grew by 3.5% of GDP. Ireland’s economy, boosted by the performance of multinationals, grew […]