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Housing crisis: Minister is accused of ‘playing with figures’ in action plan

Sinn Féin has accused Housing Minister Simon Coveney of “playing around with figures” in his Action Plan for Housing and Homelessness. The party’s housing spokesman Eoin Ó Broin said it was “certainly better” than a plan to provide social housing by former minister Alan Kelly. But he claimed: “The minister’s playing around with figures. It’s […]

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Bank of Ireland to close eight Northern Ireland branches

Bank of Ireland is to cut 20pc of its branch network in Northern Ireland reducing its number of outlets in the North to 28 from 36. The bank said its branch network in the Republic won’t be affected by the cuts. It is understood 54 roles have been affected by the cuts, however the bank […]

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Bank of Ireland to close eight Northern Ireland branches

Bank of Ireland is to cut 20pc of its branch network in Northern Ireland reducing its number of outlets in the North to 28 from 36. The bank said its branch network in the Republic won’t be affected by the cuts. It is understood 54 roles have been affected by the cuts, however the bank […]

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GDP surge means we will have to pay more to the EU but is it €380m or €280m?

Our contribution to the EU budget will mean a big increase as a result of the controversial higher Gross Domestic Product figures that emerged recently, Minister for Finance Michael Noonan has confirmed. Minister Noonan confirmed that the figure would be higher in a reply to Fianna Fáil’s Finance spokesman Michael McGrath in the Dail. However, […]

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GDP surge means we will have to pay more to the EU but is it €380m or €280m?

Our contribution to the EU budget will mean a big increase as a result of the controversial higher Gross Domestic Product figures that emerged recently, Minister for Finance Michael Noonan has confirmed. Minister Noonan confirmed that the figure would be higher in a reply to Fianna Fáil’s Finance spokesman Michael McGrath in the Dail. However, […]

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Ireland faces ‘marked slowdown’ in Brexit fallout – Deutsche Bank

The UK’s vote to pull out of the European Union will result in a “marked slowdown” in Irish economic growth, Deutsche Bank has warned. And it said there were “limits” to Dublin’s capacity to take on financial services firms from London that may be looking to shift some operations in the wake of the Brexit […]

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Irish R&D far below European targets, dominated by multinationals

Irish research and development is significantly below European targets and is being dominated by multinationals, according to a new report from the European Commission. Two thirds of all business-related research and development in Ireland is being done by multinational companies, says the Commission’s Research and Innovation Observatory. Citing figures from 2014, the report says that […]

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National broadcaster RTE made overall loss last year of €2.8m

National broadcaster RTE made an overall loss last year of €2.8m, reversing a small surplus in 2014. In a statement RTE said cost pressures, including the negative impact of currency swings were behind the loss. Since the crash RTE has been forced to cope with dramatically reduced resources. State funding was cut by €5m in […]

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New Ireland Assurance fined €650,000 by Central Bank

New Ireland Assurance has been fined €650,000 by the Central Bank for breaches of the Consumer Protection Code. The Central Bank said this morning that the breaches relate to the provision of incomplete information to consumers regarding New Ireland’s investment products, including the performance of those products. The Central Bank also said that there were […]

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Four new gold mines discovered in Ireland

Irish gold mining firm Conroy Gold and Natural Resources has found four new gold zones on its Glenish target in Monaghan. The discovery was made in a 150 metre-wide structural corridor in the western part of the Glenish gold target. It included intersections of 2.25 metres grading 2.65 g/t gold, at a depth of 18 […]

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