News

Construction activity fell in November, new data from BNP Paribas Real Estate Ireland has found. The fall in its Construction Total Activity Index is the fifth successive monthly drop. The organisation says respondents blamed a slowdown in the economy, the completion of projects and delays in decision making at clients. Activity slipped in all three […]

Christmas shopping is set to peak on 23 December, new data from AIB shows. Its latest spend trend report shows that 2.8 million card transactions were carried out in shops on that date last year. That was up 84% on the average day in 2022. The busiest time for spending in store was between 12-1pm […]

Christmas shopping is set to peak on 23 December, new data from AIB shows. Its latest spend trend report shows that 2.8 million card transactions were carried out in shops on that date last year. That was up 84% on the average day in 2022. The busiest time for spending in store was between 12-1pm […]

Wind provided 37% of Ireland’s electricity in November, new data shows. The latest report from Wind Energy Ireland reveals that November was the third highest month for wind energy generation this year. The report confirms that wind energy has supplied a third of the country’s electricity in the first 11 months of this year. “These […]

Chinese exports rose in November for the first time in seven months, officials said today, as the country navigates a troubled recovery from the Covid-19 pandemic. However, the reading compares with a low base from last year when authorities were still wedded to a zero-Covid policy that hammered output and business activity, while a surprise […]

The last three days of November saw exceptional levels of gas demand, new figures from Gas Networks Ireland show, amid a cold snap which saw a sharp increase in the demand for gas to heat homes and businesses. November 30 and the 28 respectively were the highest two November gas demand days ever recorded with […]

Chinese exports rose in November for the first time in seven months, officials said today, as the country navigates a troubled recovery from the Covid-19 pandemic. However, the reading compares with a low base from last year when authorities were still wedded to a zero-Covid policy that hammered output and business activity, while a surprise […]

Almost half of organisations in Ireland have encountered cyber incidents in the last three years, while one in five have suffered resulting financial loss, according to new research from Microsoft Ireland. The study found that while one-third of companies have experienced a data breach, only 14% have had to report an incident to the National […]

New research from price comparison website Bonkers.ie shows that Irish savers are collectively missing out on up to €3.5 billion in interest a year as they are slow to put their money into higher yielding savings accounts. Daragh Cassidy, Head of Communications at Bonkers.ie, is encouraging more Irish savers to move their money into higher […]

Credit unions affiliated with the Irish League of Credit Unions (ILCU) reported the highest level of new lending since 2009 in the last year, the latest results for the group show. In the 12 months to September, loan values were up by €555m. This brought the total ILCU loan book to €5.3 billion with much […]