News

A requirement for motor insurers to list a customer’s previous five years’ premiums on their renewal notice, which was introduced in an effort to push premiums lower, may be having an unwanted effect. That’s according to online broker, Insuremycars.ie, which claims the change introduced three years ago is leading customers to think they are getting […]

Oil eased today from its highest in more than seven years as Ukraine hinted at possible concessions to Russia that could alleviate tensions between the two countries that Western governments say are on the brink of war. Brent crude rose 5 cents to $94.49 a barrel by 1555 GMT, after touching its highest since October […]

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar will today begin a trade mission to France. France is now Ireland’s closest neighbour in the European Union and is an important trading partner. Over €28 billion of goods and services are traded between the two countries every year. The Tánaiste will begin his trip […]

Growth in the Irish construction sector accelerated at the start of the year as the impact of the Omicron wave of Covid-19 subsided and demand rose. This is according to the first BNP Paribas Real Estate Ireland Construction Total Activity Index. More work and greater optimism saw construction firms increase purchasing in January – as […]

Ireland has once again risen to the top of the league table in Europe when it comes to the interest rates that we pay on our mortgages. The average first-time buyer here pays about €200 more per month than their eurozone counterparts on a similar sized mortgage. However, believe it or not, we’ve led a […]

Minister for Public Expenditure and Reform Michael McGrath has said the Government recognises the latest measures to address the rising cost of living “won’t meet every need” or solve everyone’s financial problems. However, he said the Government believes it will make a “positive difference” for a very large number of people. A €200 energy rebate […]

Over three-quarters of Irish B&B owners have expressed their confidence in how the industry will perform during 2022 as Covid travel restrictions are dropped. But while the majority are optimistic about the year ahead, some remain concerned that international visitor numbers will not return to normal levels until at least 2023. B&B Ireland, the national […]

When Micheál Martin announced an earlier than expected easing of restrictions just three weeks ago, relief was in the air. The worst of the pandemic appeared to be in the rear-view mirror, the economy was starting to recover strongly and his Government could finally look to tackle other important issues that had been put on […]

The Government is set to announce measures to address the impact of the rising cost of living on households. The Taoiseach told a meeting of his party last night that these supports will alleviate pressures on working people and those on low incomes. Today’s announcement will detail supports in excess of €400 million. However, this […]

Ireland once again has the highest mortgage interest rates in the euro zone, new figures from the Central Bank show. The average interest rate on new Irish mortgage agreements stood at 2.69% in December, compared to euro area average of 1.29%. Ireland is followed by Greece at 2.55% and Latvia at 2.26%. Finland has the […]