News

Here are the 10 things we now know about Brexit… that we didn’t know a month ago. 1 Bookies and money markets also get things horribly wrong Opinion polls were discredited in Britain during the 2015 general election. They predicted a hung parliament, but David Cameron’s Conservatives won an overall majority. Polls right up to […]

The Central Bank has revised down its growth projections for the Irish economy this year and next year on the back of Brexit. Irish GDP growth will be 0.2 percentage points lower this year than initially thought, and 0.6 percentage points lower next year.But it is still forecasting strong growth of 4.9pc in 2016 and […]

The Central Bank is planning an €8.5 million revamp of its south Dublin currency centre to modernise the complex and boost security. The Sandyford-based facility was constructed in the late 1970s and was designed to house the printing facility for Irish currency notes. At the time, architect Sam Stephenson was awarded the Royal Institute of […]

Cash buyers are dominating the housing market, with new figures showing that the proportion of such buyers has shot up – they now account for six out of 10 house and apartment purchases. Experts said that this indicated a highly dysfunctional market, something the Government is hoping its new housing and homeless strategy will address. […]

Property firm Hibernia REIT has said it is too early to predict the impact Britain’s departure from the European Union will have on Dublin’s real estate market. This morning Hibernia announced it had leased the remaining 30,000 sq ft of One Dockland Central to Comreg at an average rent of €50 per sq ft. However, […]

Shopping centre landlord Hammerson said the impact of Britain’s decision to leave the European Union on property valuations was still unknown, but the lettings and investment markets were facing a period of uncertainty. The company, which partly owns the Brent Cross Shopping Centre in London, said its external valuers had said that the probability of […]

The vast majority of Irish people want a referendum on the proposed US-EU free trade deal if it looks like it could become law, a survey suggests. They also want a similar poll on Europe’s planned trade agreement with Canada, according to the survey carried out by Red C. The survey was commissioned by lobby […]

Central banks from Washington to Tokyo take centre stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the European Union. As they wait for political reassurances and greater clarity over the likely impact of the move, central banks have mostly […]

Business confidence across the island dropped “dramatically” in the first half of the year, as firms awaited the outcome of the UK referendum, a survey shows. The latest Global Economic Conditions Survey for the second quarter, from the Association of Chartered Certified Accountants, shows a dip in confidence across the OECD linked to the Brexit […]

Enterprise Ireland has beefed up the number of international trade missions for the remainder of its year in the wake of Brexit, with 26 ministerial-led trips set to take place. The full programme of events – 68 in total – includes ministerial-led trade missions, inward buyer visits, market study visits, international trade fairs, embassy events […]