Banking Analysis: As rate cuts loom will AIB’s net interest income hold up or ‘sink like a stone’?State officials warned ECB rate cuts could hurt AIB’s profits. We asked experts how the bank is faring as the prospect of interest reductions draw near
News State support key to recovery from future economic crises - ESRIThe body contrasted the state’s response to the financial crash with the significant support given to workers and businesses during the pandemic
Economy Domestic economic outlook revised downThe government on Tuesday published its annual stability programme update (SPU) which sets out the economic and fiscal parameters for the year ahead
EU MEPs adopt contentious fiscal rules tackling debt and deficitsGreen and left-leaning MEPs say reforms mark a ‘return to austerity’
EU Simon Harris’s first EU summit turns into bunfight over tax, subsidies and sovereigntyA barney over tax and supervision overtook a summit that should have been short and sweet
Explainer What is the Capital Markets Union? EU’s plan to attract investment explained The EU is seeking a cash pile to fund its growth - but the road to establishing a united strategy on raising capital has not been smooth sailing
Housing Exclusive: Ryanair spent almost €500k per unit in bulk purchase of Swords estate New details about the deal for Fosterstown Place show the airline paid between €471,000 and €544,000 per house
Economy BOE may cut rates before the Fed as UK inflation creeps closer to 3%Bank of England governor struck a different tone Tuesday, noting a ‘divergence’ between the US economy and those in Europe
Economy IMF cites ‘balanced risks’ for global growth as it revises down Irish GDP forecastThe International Monetary Fund projects the economy will grow by 1.5 per cent in 2024
Hospitality Over 200 restaurants closed in first three months of year at cost of €288m to stateRestaurants Association of Ireland says that 400 closures this year would cost the state more money than returning VAT to 9 per cent
Property Construction activity returns to growth but concerns over pipeline slowdown BNP Paribas Real Estate Ireland Construction PMI showed renewed increase in both housing and commercial activity last month
Economy Threats to export market puts economic growth at risk, Ibec warnsExports fell 4.8 per cent last year after three years of double-digit growth
Tourism Wild Atlantic Way worth €3 billion per year to the westThe coastal route was launched in 2014 in response to the global financial crash
Housing Housebuilding ‘surges’ as developers rush to avail of levies waiverA new report by Goodbody has shown apartment building in Ireland has doubled year-on-year in the first three months of 2024
Economy Almost half of Irish workers considering changing jobs this yearNew data from CPL also shows that remote working capabilities remain extremely important for employees
Economy US inflation tops forecasts once more, likely delaying Fed rate cutUnderlying inflation grew to 3.5 per cent in March, boosted by higher energy prices
Economy Mortgage interest growth slowed in February with rate cut ‘relief’ on the horizon Newly agreed mortgages came with an average interest rate of 4.29 per cent as Irish consumers continue to pay more than their EU counterparts
Companies Ireland slips in ranking of attractive economies for private enterprise – PwCIreland’s fall reflected the ‘intense pressure’ felt by business, new study says
Economy Kilkenny, Cavan and Kerry see largest drop in live register figuresNew CSO data shows 400 people came off the live register last month
Economy Oil prices slide as tensions in the Middle East ease Brent crude, however, remains over 19 per cent higher than it was at the start of the year sparking inflation concerns