News

Consumer sentiment improved in December to its best level for four months as cheaper fuel and an improved economic outlook brought some seasonal cheer to hard-pressed households, a survey showed today. The Credit Union Consumer Sentiment index increased to 48.7 in December from 45.3 in November, the second improvement in the past three months. The […]

New figures from the Central Statistics Office show that people who usually worked from home accounted for 22.5% of people in employment in the third quarter of 2022, up from 7.3% during the same time in 2019. The number of people usually working from home saw a sharp rise since pre-Covid pandemic levels, increasing from […]

New figures from the Central Statistics Office show that people who usually worked from home accounted for 22.5% of people in employment in the third quarter of 2022, up from 7.3% during the same time in 2019. The number of people usually working from home saw a sharp rise since pre-Covid pandemic levels, increasing from […]

The possible future introduction of a universal basic income (UBI) would have both positive impacts and drawbacks, according to a new study from the Economic and Social Research Institute (ESRI). A UBI is defined as a universal, unconditional payment that is made regularly, is sufficient to live on, is not means tested and carries no […]

The possible future introduction of a universal basic income (UBI) would have both positive impacts and drawbacks, according to a new study from the Economic and Social Research Institute (ESRI). A UBI is defined as a universal, unconditional payment that is made regularly, is sufficient to live on, is not means tested and carries no […]

New figures from the Commission for Regulation of Utilities (CRU) show that wholesale gas prices increased by 380% in 2021, while wholesale electricity prices jumped by 260% compared to the previous year. The knock-on effect on retail prices caused more customers to switch providers in an effort to reduce their bills. Today’s data from the […]

New figures from Gas Networks Ireland shows that colder temperatures in November compared to October saw a 13% increase in gas demand last month. But as November was still a relatively mild month overall, gas demand decreased by 7% compared to the same month last year. Today’s figures show monthly increases in gas demand from […]

The European Central Bank will hike interest rates further in the euro zone to combat high inflation, ECB’s Vice-President Luis de Guindos said today. “There will be more interest rate hikes, until when, I don’t know. I am absolutely honest, I don’t know,” De Guindos said. He added that the institution was committed to bring […]

European Union countries’ energy ministers meet in Brussels today to attempt to agree a cap on gas prices – their latest idea to tame Europe’s energy crisis but one that countries are still split over. Country leaders last week urged their ministers to approve the cap today, in a bid to finalise a measure that […]

The Government has announced plans for a single application procedure for employment permits and immigration permissions. Currently to work in Ireland, a person from outside the European Economic Area has to first make an application to the Department of Enterprise, Trade and Employment for a work permit. They then have to make a second application […]