The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on completing the banking union, particularly a European wide deposit protection scheme. The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on […]
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Euro zone retail sales accelerated more than expected year-on-year in September, data from the European Union’s statistics office showed today, pointing to sustained domestic demand in Europe. Eurostst said retail sales in the 19 countries sharing the euro rose 0.1% month-on-month for a 3.1% year-on-year gain, up from 2.7% in August. Economists polled by Reuters […]
The UK’s importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank. As part of its Navigator survey, the bank spoke to 9,000 companies in 35 countries. Just under half of Irish businesses considered the UK an important trading partner, down from 75% last year. Alan Duffy, CEO of […]
Exchequer figures for the month of October show that Government tax revenues for the first ten months of the year running slightly ahead of target. Total tax revenues stood at €44.973 billion at the end of October, which was €706m or 1.6% ahead of target. Government spending stood at €43.224 billion. Compared to the […]
Morale among investors in the euro zone jumped in November to its highest level since June on signs of an economic upswing in Asia and resilience in the US economy, a new survey showed today. The Sentix research group said its investor sentiment index for the euro zone rose to -4.5 from -16.8 in October, […]
Consumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today. While the economy here has remained the fastest growing in the EU throughout three years of Brexit talks, consumer confidence took a hit in recent months as […]
More than a third of firms across the island of Ireland say Brexit is already having an adverse impact. This is according to the latest all-Island business monitor from InterTrade Ireland. With continued uncertainty around what the UK’s exit from the European Union will look like, 28pc of cross-Border traders have implemented steps to lessen […]
Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. But they say further moves and greater transparency are needed to reassure consumers and bring down premiums. The Alliance for Insurance […]
An agreement on how to resolve disputes between lenders and distressed mortgage holders has been reached between two leading agencies. MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it will help consumers who are struggling with mortgage debt. The agreement extends to so-called vulture […]
Manufacturers reported an improvement in business conditions during October, following four months of steady decline. The latest AIB Manufacturing Purchasing Managers’ Index has recorded growth in new orders and output, with employment also improving in the month. It marks the first improvement since May, with the headline PMI rising three points on September’s reading to […]
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Park House,
Main Street,
Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
Fax: +353 (0)91 842663
Email: michael@michaelfdolan.ie
Web: www.michaelfdolan.ie
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