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Andrew Fanning

andrewfanning

Business surveys pointing to Irish growth slowdown

New figures indicate that the global economic slowdown and Brexit worries that have hit the manufacturing sector of the economy are now starting to spread into the service sector
  • Andrew Fanning
  • October 3, 2019

Providence searches for new Barryroe partners

Exploration company refuses to extend deadline for $9 million payment agreed with Chinese company Apec
  • Andrew Fanning
  • October 1, 2019

Manufacturing slump continues as Brexit fears mount

Confidence among Irish manufacturing businesses sank to the lowest level in more than seven years in September, as orders from abroad fell at their fastest pace since 2009
  • Andrew Fanning
  • October 1, 2019

No-deal Brexit could wipe out growth next year

The ESRI warns that if trade disruption and turbulence in financial markets from a no-deal Brexit were particularly severe, it is 'not inconceivable' that the Irish economy could shrink in 2020
  • Andrew Fanning
  • September 26, 2019

'No quick fix', says watchdog as rents keep rising

RTB director Rosalind Carroll said that while the annual pace of rental growth had slowed, the continued growth levels over consecutive quarters were 'not sustainable'
  • Andrew Fanning
  • September 26, 2019

One-third of farms 'economically vulnerable' even before Brexit

A report by a Central Bank economist says the risk of a damaging Brexit outcome 'looms large' over the farm sector and has compounded long-running concerns over low incomes
  • Andrew Fanning
  • September 17, 2019

Watchdog: Rising spending leaves less scope for Brexit measures

The Irish Fiscal Advisory Council says spending in 2019 could be as much as €1.3 billion higher than previously expected, due mainly to health overruns and payment of the Christmas bonus
  • Andrew Fanning
  • September 11, 2019

Phil Hogan set for key EU trade portfolio

His appointment is seen as a signal of EU solidarity with Ireland as Hogan will be in charge of any post-Brexit trade deal to be negotiated with the UK
  • Andrew Fanning
  • September 10, 2019

Firms already counting Brexit cost, Enterprise Ireland study finds

10 per cent of the companies surveyed said Brexit had cost their business more than €100,000, while almost 5 per cent put the negative impact at more than €250,000
  • Andrew Fanning
  • September 4, 2019

Brexit knocks confidence in services sector

AIB Ireland's latest survey shows that new business grew at the slowest pace for four months, while business confidence dropped to the lowest level since late 2011 amid Brexit worries
  • Andrew Fanning
  • September 4, 2019

Watchdog's Brexit warning for online shoppers

The Competition and Consumer Protection Commission found that 72 per cent of Irish consumers had bought online from a company based in the UK in the last two years
  • Andrew Fanning
  • September 3, 2019

More people at work, but jobs growth slows

Separate figures from the Central Statistics Office showed that the state's population rose to just over 4.92 million in April this year, will all regions of the country showing an increase
  • Andrew Fanning
  • August 27, 2019

Drivers won't need 'green card' to cross border

The MIBI had previously warned that a green card - an internationally recognised insurance document - would be needed for all Irish-registered vehicles travelling across the border if the UK left the EU without a deal
  • Andrew Fanning
  • August 23, 2019

Kenmare pays first dividend despite drop in profits

Kenmare excavated a record amount of ore from its Moma mine during the first half of 2019, but bad weather affected shipments of finished product
  • Andrew Fanning
  • August 20, 2019

Norwegian halts services from Ireland to North America

The routes have been affected by the grounding of Boeing’s 737 Max aircraft and the continued uncertainty about when the planes will return to service
  • Andrew Fanning
  • August 13, 2019

Providence still waiting for key Chinese payment

Apec is due to drill Providence’s Barryroe oil field off the Cork coast and the payment is part of the contract’s terms. It has been delayed several times, however, since an original deadline was missed
  • Andrew Fanning
  • August 13, 2019

'Substantial' oil find lifts Tullow shares

Chief executive Paul McDade described the discovery off the coast of Guyana as 'substantial and high value'
  • Andrew Fanning
  • August 12, 2019

Ireland's high debt level still 'a vulnerability'

According to the Department of Finance, after several years of declines, the debt per head figure increased last year to €42,500 per person, one of the highest in the OECD
  • Andrew Fanning
  • August 9, 2019

Brexit uncertainty slowing down service sector

While new orders continued to increase, the rise was the smallest for three months, and new business from outside Ireland fell for the first time since November 2016
  • Andrew Fanning
  • August 6, 2019

Providence to cut costs as it awaits key payment

The company plans to leave its current Dublin office before the end of this year and move to a smaller facility, while all of its technical and support staff will be laid off
  • Andrew Fanning
  • August 5, 2019

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