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Electric Ireland to increase gas and electricity prices again

Electric Ireland has announced further increases to its residential electricity and gas bills from 1 October after increasing them in August. The company said its electricity bills will increase by 26.7% and residential gas bills by 37.5% from next month. Electric Ireland said the price hikes were due to the unprecedented increases in international energy […]

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Online and mobile banking payments hit record high

Online and mobile banking hit record highs in the second quarter of the year growing to 36 million payments, the highest level since the current data series began in 2016. The figures are contained in the latest Payments Monitor from Banking and Payments Federation Ireland (BPFI). It is the first time that digital banking payments […]

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Online and mobile banking payments hit record high

Online and mobile banking hit record highs in the second quarter of the year growing to 36 million payments, the highest level since the current data series began in 2016. The figures are contained in the latest Payments Monitor from Banking and Payments Federation Ireland (BPFI). It is the first time that digital banking payments […]

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PrepayPower gas and electricity prices to increase in October

Energy provider PrepayPower has said that it will increase it gas and electricity prices from 1 October. Electricity prices are to rise by 19%, while gas prices will increase by 29%. The increases will add an additional €339 to the average electricity bill and €428 to the average gas bill. The company, which has 170,000 […]

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PrepayPower gas and electricity prices to increase in October

Energy provider PrepayPower has said that it will increase it gas and electricity prices from 1 October. Electricity prices are to rise by 19%, while gas prices will increase by 29%. The increases will add an additional €339 to the average electricity bill and €428 to the average gas bill. The company, which has 170,000 […]

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Ireland’s CAP plan approved by European Commission

The European Commission has approved Ireland’s plan for the implementation of the new Common Agriculture Policy that comes into affect in 2023. The plan had to be resubmitted to the Commission earlier this month after thef irst version was rejected last March. Among the reasons cited by the Commission at the time was the need […]

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Easing cost pressures give manufacturers a little breathing room – PMI

The pace of increase in input and output costs for manufacturers here eased to the lowest level in months in August, offering some slight relief to firms who could only eke out modest growth overall. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) fell to 51.1 in August from 51.8 in July, the lowest […]

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Unemployment rate back up to 4.3% in August – CSO

New figures from the Central Statistics Office show that the unemployment rate rose slightly in August, rising to 4.3% from the 21-year low of 4.2% a month earlier. The jobless rate has bounced up and down on a monthly basis this year but the falls have been greater in a tightening labour market and reduced […]

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Unemployment rate back up to 4.3% in August – CSO

New figures from the Central Statistics Office show that the unemployment rate rose slightly in August, rising to 4.3% from the 21-year low of 4.2% a month earlier. The jobless rate has bounced up and down on a monthly basis this year but the falls have been greater in a tightening labour market and reduced […]

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Competition watchdog concerned by impending concentration levels in banking market

The competition watchdog has said it is concerned by the impending increase in the concentration levels of the retail banking sector in Ireland as a result of the exits of KBC Bank Ireland and Ulster Bank. The Competition and Consumer Protection Commission (CCPC) said that while non-bank lenders have brought some new products to the […]

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