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Health insurance uptake on the rise, but so are prices

Like many economic predictions when it comes to the pandemic, forecasts around the health insurance market have turned out to be wide of the mark. Given the impact Covid-19 has had on employment and incomes, it was reasonable to assume that health insurance would be high on the list of products that households would look […]

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Consumer sentiment improves to 13-month high in April

Consumer sentiment climbed slightly to hit its highest in April since the onset of the Covid-19 pandemic, a survey showed today, but consumers expressed caution about the long-term economic outlook. The KBC Bank consumer sentiment index rose for a third month in a row to 77.9 in April from 77.1 in March. This was still […]

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Consumer sentiment improves to 13-month high in April

Consumer sentiment climbed slightly to hit its highest in April since the onset of the Covid-19 pandemic, a survey showed today, but consumers expressed caution about the long-term economic outlook. The KBC Bank consumer sentiment index rose for a third month in a row to 77.9 in April from 77.1 in March. This was still […]

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ECB sticks with euro zone stimulus plans

The European Central Bank left policy unchanged as expected today, keeping copious stimulus flowing even as it saw reasons to expect a firm rebound of the euro area economy this year. The ECB is keeping borrowing costs pinned near record lows via massive bond purchases to see the 19-country currency bloc through a scarring recession […]

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Property transactions up 12% to €4.2bn despite pandemic

New data from the Property Price Register shows that the volume of residential transactions rose 12% in the first three months of the year, despite the lockdown. According to Davy, €4.2bn of transactions involving 13,100 properties have been recorded so far this year, with buyers clearly undeterred by the difficult environment for buying. “Estate agents […]

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4 in 10 workers have no occupational pension – Age Action

40% of workers aged between 20 and 69 have no occupational pension coverage other than the state pension, according to Age Action. Addressing a Pensions Commission webinar earlier today, Age Action Senior Public Affairs and Policy Specialist Dr Nat O’Connor noted that in certain sectors of the economy, a majority of employers do not offer […]

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Donohoe says Ireland committed to global tax deal – but it must work for small countries

Ireland is committed to reaching an agreement to overhaul global corporate tax, but it must be one that works for small countries and accommodates healthy and fair tax competition, Finance Minister Paschal Donohoe said today. Momentum has been building towards reaching a consensus on how to better tax multinational companies. But Paschal Donohoe said the […]

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Government spent €13 billion on tackling Covid last year – CSO

Figures published the Central Statistics Office today give a provisional breakdown of the €13.1 billion spent by the Government last year to tackle Covid-19. The Pandemic Unemployment Payment accounted for €5 billion, the CSO figures show. The Temporary Wage Subsidy Scheme and its replacement, the Employment Wage Subsidy Scheme, accounted for €3.8 billion. Health sector […]

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Job postings continue to grow, up 34% in first quarter – IrishJobs

Job postings on e-recruitment platform IrishJobs.ie were up 34% in the first quarter of the year, compared to the final quarter of 2020. The data suggests the Irish jobs market is steadily recovering from the impact of the Covid-19 pandemic. Overall, vacancies increased by 5%, when compared to the same period last year. The most […]

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Report warns of rising houses prices and delays

The construction industry could be unable to meet pent-up demand for housing and infrastructure, even when fully reopened, due to labour shortages and a “boom and bust” cycle in the sector, according to new research. The report titled ‘Job Quality in the Construction Sector’ warns that this could have serious implications for Ireland’s housing and […]

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