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Dublin: 6 °C Friday 27 February, 2015

Economy - Today’s News

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Economy - Thursday 19 February, 2015

From TheJournal.ie 170 jobs at risk as UPC moves roles to Philippines Bad News

170 jobs at risk as UPC moves roles to Philippines

Facilities in Dublin, Limerick, Galway, Cork and Waterford will be affected.

A bad day for Irish newspapers: all of them have lost sales in the past year

The 2014 figures are in… and they don’t make happy reading for publishers.

Water charges push up inflation rate, overall though it’s good news

In the main, prices are down by 0.6% compared to last year.

Central Bank asked to watch the state fund for small businesses like a hawk

The Strategic Banking Corporation of Ireland launched the €400 million fund this morning.

From TheJournal.ie Germany says ‘nein’ to Greece Grexit

Germany says ‘nein’ to Greece

The move would buy the cash-strapped nation time to unveil new anti-austerity reforms, a government source told AFP.

These are the startups Ireland’s newest business leaders have been coming up with Clever Clogs This post contains videos

Buying a home? You’re facing fresh competition. A glut of new landlords

Savills say the new mortgage rules will mean even more investors.

Economy - Wednesday 18 February, 2015

‘I do not think allowing Anglo to collapse would have been the right thing to do’

Former IMF and Irish financial official Dónal Donovan gives his 2c at the banking inquiry.

From TheJournal.ie Recruiting: There are 90 midwife and nurse roles up for grabs in Mullingar Jobs

Recruiting: There are 90 midwife and nurse roles up for grabs in Mullingar

Last month staff were on the picket lines.

You could’ve bought a big hotel for under €1m today, but someone else did

The Shandon Hotel in Donegal went for just over €800k.

From TheJournal.ie The level of female start ups in Ireland has increased 600% since 2011 Girl Power

The level of female start ups in Ireland has increased 600% since 2011

With 1,500 jobs on the way Richard Bruton has hailed Ireland’s entrepreneurs as ‘heroes’.

Economy - Tuesday 17 February, 2015

The boss of Google’s Dublin HQ is stepping down

John Herlihy joined the company in 2005.

From TheJournal.ie You probably know this, but living in Ireland is expensive Dear Old Dublin

You probably know this, but living in Ireland is expensive

But less expensive than 2009.

Shoppers are spending more on Henry Street than Grafton Street

The consumer spending habits are under the microscope.

Land barons could be taxed for vacant property to ease the housing squeeze

The government wants to know if landholders are just sitting on unused property until the value goes up.

‘We need to allow people to build higher in Dublin’

One economist explains why people are being squeezed out of the city.

Economy - Monday 16 February, 2015

From TheJournal.ie Greece: ‘We will not be blackmailed into a bailout extension’ Absurd Offer

Greece: ‘We will not be blackmailed into a bailout extension’

Talks on the country’s bailout programme are, again, going no where.

Irish banks ‘targeted’ in cyber-heist crime spree worth millions

Banks across the world were allegedly hacked over a two-year period.

From TheJournal.ie The Central Bank still doesn’t know what to do with its golden ball Stay Or Go? This post contains a poll

The Central Bank still doesn’t know what to do with its golden ball

The Crann an Oir sculpture was unveiled in 1991 by Charles Haughey.

From TheJournal.ie 300,000 people who owe €2.5 billion have asked for help Mortgages
From TheJournal.ie Michael Noonan thinks his eye makes him look like Johnny Sexton (Don't Worry He's Fine)

Michael Noonan thinks his eye makes him look like Johnny Sexton

The Minister is “fine” after undergoing treatment for an eye condition over the weekend.

From TheJournal.ie ‘Greece has a major humanitarian crisis…. Ireland is in a very different situation’ Just Not The Same

‘Greece has a major humanitarian crisis…. Ireland is in a very different situation’

Meanwhile, Michael Noonan says an extension of Greece’s bailout would be the subject of a Dáil vote.

‘People are basically fleeing the city now’: What sky-high rents are doing to Dublin

Economist Ronan Lyons tells us why the government needs to cut the cost of building new homes.

Enjoy the cheap petrol while you can because oil prices have probably bottomed out

Here’s why the price of the commodity is heading up again…

From TheJournal.ie You may have been told your rashers are Irish, but they’re often not Telling Porkies

You may have been told your rashers are Irish, but they’re often not

An IFA testing programme found that customers are being misled in 29% of cases.

Buying or renting? Which should you be doing?

Daft.ie’s latest report has the figures you need.

The figures are in: Are you paying above average for your rented property?

People are now not driven to commuter belts by a preference for green space – but by the hard maths of affordability.

Economy - Sunday 15 February, 2015

From TheJournal.ie ‘Nothing too special at all … they are just cliffs’ Tough Crowd

Here’s everything you need to know about business this week

Everyone was talking about Willie Walsh’s sales pitch, D-Day for Greece and Swissleaks.

From TheJournal.ie Baker who makes the best baguette in France is furious about being told he can’t work on Sundays Work Life Balance

Baker who makes the best baguette in France is furious about being told he can’t work on Sundays

He is obliged to shut his shop for at least one day a week – but he’s not happy about it.

Economy - Saturday 14 February, 2015

From TheJournal.ie Aer Lingus asked to explain why IAG bid would benefit the company and customers Please Outline

Aer Lingus asked to explain why IAG bid would benefit the company and customers

Aer Lingus said yesterday that the takeover would benefit the company, its employees, its customers, the tourism sector and the airports at which it operates.

Small airline, small country, small minds – the Aer Lingus story

Political interference has kept Aer Lingus one of the smallest airlines in Europe whilst its home-grown competition passed it by ten times over.

Economy - Friday 13 February, 2015

From TheJournal.ie There’ll be no charging of your mobile when you’re working for Ryanair Out Of Charge

There’ll be no charging of your mobile when you’re working for Ryanair

The conditions of employment at the airline are ‘observed to be an area of concern’ according to a new pilots’ survey.

From TheJournal.ie This European nation has come up with laws to keep out EU immigrants Holey Moley

This European nation has come up with laws to keep out EU immigrants

And it’s putting them on a collision course with Brussels.

From TheJournal.ie Irish Water will be reducing pressure as part of its “painstaking” effort to fix leaks Leaking All Over

Irish Water will be reducing pressure as part of its “painstaking” effort to fix leaks

Councils in five areas still expect to lose most of their treated water to leaks by the end of the year.

From TheJournal.ie Greece is changing its tune on talking to the Troika Acropolis How

Greece is changing its tune on talking to the Troika

It’s a huge shift in policy.

Economy - Thursday 12 February, 2015

From TheJournal.ie Greece’s bailout expires at the end of February – and no-one knows what will happen next Not Parthenon With Their Cash

Greece’s bailout expires at the end of February – and no-one knows what will happen next

EUROZONE FINANCE MINISTERS have been unable to reach an agreement on a deal that would ease Greece’s pressures with its €240 billion debt.

“We don’t go to China for anything”: Irish business owners on why they are successful

Modern technology offers would-be potters and artisans a golden opportunity to carve a niche for themselves.

Why does IAG want to get its hands on Aer Lingus so badly?

Here’s everything we know about the possible sale so far…