Prize Bonds sales reach €574m in 2018 as fund grows to €3.4 billion The Prize Bond Company has reported gross sales of €574m, the second highest year on record after sales of €567m in 2017 and €670m in 2016. The Prize Bond Company, which administers prize bonds on behalf of the National Treasury Management Agency, […]
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90.3% of new SME lending from top three lenders – Central Bank report A new report on lending to small and medium sized businesses (SMEs) shows that credit demand remains low, while over 90% of new lending comes from the main three lenders here – AIB, Bank of Ireland and Ulster Bank. The Central Bank’s […]
Record number of women in workforce A record number of women were in the workforce last year, according to the latest figures from Eurostat, with 78,000 more women at work than in 2014. Overall, there was in excess of 804,700 women in the labour market, resulting in a participation rate of 77.2%, up from 72.5% […]
No State spending spree: expenditure here stands at lowest share of GDP in the eurozone Data released by Eurostat, the statistics arm of the EU, shows that Government spending here as a percentage of gross domestic product (GDP) is the lowest in the eurozone by a long way. At 25.7pc, it comes in well below […]
Apartments on the rise as house-building slows The number of apartments built here increased 64pc in the first three months of the year, driven by investment from so-called ‘cuckoo funds’. At the same time there has been a slow-down in the pace of new house-building, which has clocked up the slowest increase since 2013. The […]
EU debt levels up in 2018 but debt-to-GDP ratio down Government debt levels rose in the European Union last year, according to Eurostat, but economic expansion in the region pushed the overall debt-to-GDP ratio down. The countries that use the euro had a combined debt of €9.86 trillion in 2018, up €99 billion (1%) year-on-year. […]
Less than half of all employees have a private pension – CSO Less than half of all employees in Ireland were saving towards a pension last year, according to the Central Statistics Office. Its survey of pension coverage in the third quarter of 2018 found that 47.1% of all people in employment were contributing towards […]
Housing completions up by over a fifth in first three months Housing completions were up by over a fifth in the first three months of 2019, according to Goodbody’s Housebuilding Tracker. It uses Building Energy Regulation (BER) data to compile its figures. The official data tracks electricity connection figures. According to Goodbody’s figures, 4,255 residential […]
Government’s €300m Brexit funding scheme for SMEs opens Small and medium sized businesses here, as well as farmers, can now apply for loans under the Government’s Future Loan Scheme. The initiative aims to support strategic long-term investment in the post-Brexit environment where financing options may be restricted. Money borrowed can be use for a variety […]
Home improvements and energy upgrades drive €2.47 billion spend Irish homeowners have spent a total of €2.471 billion through the Home Renovation Incentive since its launch in 2013. The scheme, which concluded at the end of last year, facilitated homeowners in carrying out nearly 150,000 home improvement projects over the last four years. The projects […]
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Recent News
Fed cuts rates but sees slower pace of further reductions December 19, 2024
Residential property prices up 9.7% in October – CSO December 19, 2024
Spending by BOI customers up 6.8% on Black Friday December 19, 2024
Holyhead Port to stay closed until 15 January ‘at the earliest’ December 18, 2024
Planning permissions down 10.9% in third quarter – CSO December 18, 2024
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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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