All the updated news related to Economy

All the news related to Economy updated in real time

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National News

Rate of house price inflation halves as buyers become more cautious, poll finds

The rate of house price inflation has halved in the past three months as home-buyers become more cautious amid rising living costs, a new survey has found. The actual selling price of a three-bedroom semi-detached house across the country rose by 1....

03 Oct 2022 at 13:09

National News

Price rises becoming more widespread, Ireland’s Central Bank warns

The Central Bank of Ireland has warned that inflation has become more widespread and 180,000 families are most at risk of further increases in prices. It is forecasting inflation at 8% for the year, falling to 6.3% next year. The bank’s quarterly ...

05 Oct 2022 at 12:58

Local News

UK ‘in recession’ as Bank of England announces highest interest rates hike since 2008

The Bank of England has announced it will hike interest rates to their highest in more than 13 years and indicated it believes the economy is already in recession. The central bank had previously projected the economy would grow in the current ...

22 Sept 2022 at 15:38

Popular night-time economy scheme continues after additional €1.4m investment

National News

27 Jul 2022 at 11:42

National News

Six Irish towns and cities to be chosen for new night-time economy pilot programme

Six towns and cities will be chosen to take part in a new Night-Time Economy pilot programme to help promote a vibrant night-time culture across Ireland. The Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin, ...

07 Jun 2022 at 12:10

National News

Inflation set to surge to highest level in decades, ESRI warns

Inflation in Ireland may soon reach levels not seen in decades, a leading think tank has warned. A study by the Economic and Social Research Institute (ESRI) said inflation could hit 6.7% this year. Such a rate of inflation, the highest ...

23 Mar 2022 at 11:20

Tourism accommodation for refugees not good for refugees or tourism - Fáilte Ireland boss

National News

Hotel use for Ukrainian refugees bad for hospitality industry, says tourism boss

Housing Ukrainian refugees in Irish hotels will damage the tourism industry, an Oireachtas committee has heard. Fáilte Ireland chief executive Paul Kelly said that housing Ukrainian refugees in Irish hotels in the long-term could pose ...

06 Apr 2022 at 18:30

National News

Irish Government will help people with ‘unaffordable’ energy costs – Donohoe

The Government will take action to help people with “unaffordable” increases in energy prices, the Finance Minister has said. Paschal Donohoe said measures aimed at assisting people with the increased cost of living will be at the ...

01 Sept 2022 at 18:40

National News

UK won’t drag Ireland into a recession – Varadkar

The UK won’t drag Ireland into a recession, the Irish deputy premier has said. Chancellor Jeremy Hunt confirmed the UK is in recession as he outlined his autumn statement on Thursday. Tanaiste Leo Varadkar said it was “very bad ...

17 Nov 2022 at 20:51

Business

Grocery giant to face questions over consumer demand concerns despite ‘rise in sales’

Tesco is expected to reveal higher sales over the first half of the year despite pressure on consumer budgets. The grocery giant is among the retailers facing huge pressure from shoppers considering switching to German ...

01 Oct 2022 at 10:56

Home

Budget 2023 Must Tackle Cost of Living says Tipperary TD

Deputy Michael Lowry and the members of the Regional Group of Independent TDs held a meeting with Ministers Donohoe and McGrath on Wednesday when they put forward their Pre-Budget Submission and outlined a series of ...

26 Aug 2022 at 09:15

National News

Digital and pharma companies supporting dampened Irish economy – watchdog

Ireland’s fiscal watchdog has said that the “relative” strength of digital and pharmaceutical companies will support the dampened Irish economy, despite inflation. Spending could also be supported by “exceptional” ...

23 Nov 2022 at 01:01

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