News

ESRI predicts economy will grow by 14% this year

Growth in the economy this year will be “robust” and “unprecedented”, according to the Economic and Social Research Institute. In its latest quarterly economic commentary, the ESRI predicts the economy will grow by almost 14% this year and 7% next year. Inflation, however, is expected to be higher peaking at 6% early next year. The […]

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Annual property prices jump by 13.5% in October – CSO

Property prices in October rose by 13.5% on an annual basis to mark the fastest annual pace of growth in over six years, according to the latest figures from the Central Statistics Office. This is an increase on the 12.5% rate recorded in September. Today’s figures show that prices in Dublin rose by 12.3% while […]

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Is it time to rethink employment services for the long-term unemployed?

Opinion: the experience of those using public employment services such as JobPath shows they’re not fit for purpose At the last count, just over 225,000 people were on the Live Register or receiving the Pandemic Unemployment Payment. This figure will no doubt increase in the coming weeks, as the latest wave of restrictions take hold. […]

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Govt announces supports for firms hit by flooding

The Government has opened the Humanitarian Support Scheme to small businesses, sports clubs and voluntary organisations that have been affected by flooding as a result of Storm Barra, and are unable to secure flood insurance. The scheme will also provide funding to a small number of business impacted by flooding in Fermoy in County Cork […]

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Risks remain for credit unions despite improvements – Central Bank

A new report on the credit union sector by the Central Bank reveals another challenging year as credit unions continued to navigate through the impacts of Covid-19 as well as other business challenges. The Central Bank’s eighth Financial Conditions of Credit Unions Report said credit unions participated in the recovery in credit demand as Covid […]

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56% of workers will only apply for flexible or remote working jobs – Indeed

A new survey shows that 56% of Irish working-age adults say they will in future only consider jobs that offer flexible working, or allow them to quit the office forever. The latest monthly Job Search Survey from Indeed also shows that 18% of respondents said in future they would only apply for jobs allowing remote […]

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Cabinet expected to sign-off on €100 electricity credit plan

Ministers are expected today to sign-off on a plan to assist households struggling with the rising cost of electricity bills. It is believed that a once-off €100 credit will be recommended by the Green Party leader and Minister for the Environment Eamon Ryan at a Cabinet meeting this morning. It is anticipated the measure will […]

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Private sector staff should seek pay rises up to 4.5%, ICTU and Nevin Economic Research Institute recommends

Private sector employees should seek pay increases of between 2.5% and 4.5% during 2022, guidance issued by the Private Sector Committee of ICTU and the Nevin Economic and Research Institute has recommended. The bodies say such claims are justified on the basis of the strong and rapid economic growth expected next year, with personal consumption […]

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30% milestone of women on ISEQ 20 boards passed in 2021

A new report shows the percentage of women on the boards of ISEQ 20 companies this year rose to 31% from 18%. This means that the top publicly listed companies in Ireland are well on track to achieve the 33% goal by the end of 2023. The fourth report of the Balance for Better Business […]

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Construction sector continues to see strong growth despite challenges

Construction firms continued to experience strong growth in November, the latest Ulster Bank Construction Purchasing Managers Index survey shows. The Ulster Bank Construction PMI posted a reading of 56.3 in November, down marginally from 56.9 in October but still showing a sharp monthly increase in total activity. November also marked the seventh month of growth […]

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