News

Calls for more modular housing to address shortages

Modular housing units need to be constructed in higher volumes in order to address the housing shortage crisis, according to the Director General of Engineers Ireland. Damien Owens argues that advantage should be taken of modern construction methods that can help to alleviate pressure on the housing market while improving sustainability in construction. He added […]

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Euro zone PMI hits lowest in nearly three years, stirs recession worries

Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey showed, suggesting the bloc may slip into recession. HCOB’s flash euro zone Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and seen as a good guide to overall economic […]

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New competency framework to drive higher standards in corporate governance

A new competency framework to drive higher standards in corporate governance is being launched today by the Institute of Directors. The new Continuing Professional Development (CPD) Framework has been introduced in response to the ever-evolving policy, regulatory, macro-economic and governance environment in Ireland. It is designed to foster improved collective board strength and responsibility, the […]

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EU signs digital services agreement with Ireland

The European Commission has signed an administrative arrangement with the newly established media regulator, Coimisiún na Meán, to support new EU online safety rules. The Digital Services Act (DSA) requires big tech firms to do more to police illegal and harmful content on their platforms. Ireland will play a leading role in enforcing the DSA, […]

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Average home rebuilding cost rose 12% over last year

The average cost of rebuilding a house rose by 12% over the last year, new research has found. That is less than the 21% rate of increase in the previous 12 months, the report by the Society of Chartered Surveyors in Ireland found. The rate of increase was broadly steady across the various regions of […]

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Annual wholesale electricity prices fall over 60% in September – CSO

Wholesale electricity prices have fallen by 61% in the 12 months to September according to the latest figures from the Central Statistics Office. Despite the overall fall, the last two months have seen the price began to rise again, up nearly 5% in September and 11% in August. The news comes as cuts in domestic […]

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Entry requirements for civil service expanded

The Government has announced the expansion of the eligibility requirements to apply for civil service jobs in a bid to promote greater diversity in the service. The move will allow more people from a migrant background to apply to enter the civil service. Potential candidates holding ‘Stamp 4’ permissions will now be able to pursue […]

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55% of office workers spend two to three days a week ‘on-site’

New research has found that 55% of office workers in companies in Dublin now spend two to three days on site each week. That marks a 7 percentage point increase since Dublin Chamber and Savills last measured the trend during the last three months of last year. The study found the increase has been driven […]

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Average home rebuilding cost rose 12% over last year

The average cost of rebuilding a house rose by 12% over the last year, new research has found. That i’s less than the 21% rate of increase in the previous 12 months, the report by the Society of Chartered Surveyors in Ireland found. The rate of increase was broadly steady across the various regions of […]

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Planned changes to rules around minimum corporation tax among measures contained in the Finance Bill

The Finance Bill, which puts the tax changes announced in last week’s Budget into legislation, has been published by the Minister for Finance, Michael McGrath. It runs to 270 pages and also includes changes to corporation tax rules to implement the so-called Pillar Two of the OECD tax reforms. Pillar Two refers to one part […]

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