News

Finance union calls for regulations for surveillance of staff

The Financial Services Union (FSU) will today urge TDs and senators to consider new regulations and legislation to cover the technological surveillance of staff by their employers. In an address to the Oireachtas Committee on Enterprise, Trade and Employment, the FSU will highlight the findings of a recent survey of its members which showed that […]

Continue Reading

Wholesale electricity prices down over 40% in April

Prices paid for raw materials by manufacturers fell in April for the first time since November 2021, new Central Statistics Office figures show today. The Wholesale Price Index fell by 1% compared to March and by 0.7% compared to April 2022. Producer prices for exported goods fell by 1% in the month and are down […]

Continue Reading

Consumers more frugal due to rising costs – global survey

A new survey of global consumer sentiment shows people everywhere adjusting to higher living costs by taking action regarding their spending behaviour. The 12th EY Future Consumer Index is based on the views of 21,000 people across 27 countries and finds consumers are taking action to reduce spending in their lives. 94% of respondents globally […]

Continue Reading

New electric vehicles 13% more expensive than last year

New data from DoneDeal shows the average price of a brand new electric vehicle (EV) now stands at €64,755, 13% higher than the same time last year. Despite these price hikes, demand for new EVs has jumped 35% this year. The report states that the decision by the Government to reduce the EV grant from […]

Continue Reading

ECB banking on a digital euro

The European Central Bank is investigating introducing a digital currency, to keep pace with a rapidly evolving digital economy. It would be a major change in the way that the central bank issues money, but the ECB says it is considering the move in response to the increasing demand for safe and trusted electronic payments. […]

Continue Reading

Ireland’s credit rating upgraded to AA by S&P

Ireland’s credit rating has been upgraded by the ratings agency, Standard & Poor’s. Improved ratings by agencies such as S&P help Ireland borrow more easily and at lower rates on international debt markets. Last month, Ireland’s rating was also upgraded by another agency, Moody’s. This is the first upgrade from S&P since 2019 and brings […]

Continue Reading

Almost a quarter of Irish workers are fully remote – survey

Almost a quarter of Irish workers are fully remote, according to new research from Leitrim County Council. The study shows that 61% of millennials (25-35-year-olds) are considering a move to another part of Ireland. Over half of remote workers reported a very positive impact on their work-life balance and 85% of respondents said remote work […]

Continue Reading

Drivers interested in idea of long-term car insurance

Almost half of drivers would support the introduction of some sort of long-term motor insurance, a new survey has found. More than one in every four respondents said they would be interested in hearing more about the concept of car insurance that lasts for at least three years or more. A quarter of those who […]

Continue Reading

Number of house commencements down 20% in April

The number of new homes which construction started on fell 20% in April compared to the previous month, according to new data released by the Department of Housing. However despite this drop, the number of residential units commenced last month was up almost 10% on the same month last year. The number of residential commencements […]

Continue Reading

Two thirds of SMEs feel Govt doesn’t understand them

Two thirds of small and medium sized businesses do not believe that the Government understands them, new research has found. The study also shows that four out of every five businesses are currently impacted in a big of very big way by energy prices. The survey of 300 firms was carried out by RED Research […]

Continue Reading