Friday November 27, 2020

The desperate and the comfortable: tales of Ireland's two-tier economy

The new divide is not one between rich and poor, but between those with, and those without, debt and financial commitments, writes Richard Colwell.

29th June, 2014
The consumer mood poll has shown a strong disconnect between improving consumer confidence and increased consumer spending. Picture: Feargal Ward

On first inspection, the Red C/*Sunday Business Post* Consumer Mood poll appears to tell the story of continued improving consumer confidence.

This is in line with other consumer confidence indexes, and is highlighted by the belief among 69 per cent of consumers that an economic recovery in Ireland is underway. It is further emphasised by the fact that the proportion of consumers who believe the economy here will further improve in the next six...

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