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Dublin: 10 °C Friday 28 November, 2014

Economy - Today’s News

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Economy - Monday 17 November, 2014

It’s no longer just big export companies that are recruiting more staff

Business recovery is spreading and that’s good news for workers.

From TheJournal.ie Rent in Dublin is up by 16.6%, but what about other areas? Housing Crisis

Rent in Dublin is up by 16.6%, but what about other areas?

In the capital, rents are now almost 30% above their lowest point in 2012 and less than 10% below their 2007 peaks.

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Economy - Sunday 16 November, 2014

‘You wouldn’t see this on Father Ted’ – Why bad broadband is hurting rural Ireland

The country is behind many eastern European nations when it comes to broadband access.

From TheJournal.ie Did you notice these companies changed their logos this year? Logo Agogo

Did you notice these companies changed their logos this year?

They’re so different. Mostly.

Economy - Saturday 15 November, 2014

Fancy a late flutter? Betting shops could be open until 10pm by Christmas

Bookies claim that outdated legislation forcing them to close early is putting hundreds of people out of work each winter.

Economy - Friday 14 November, 2014

The number of people doing apprenticeships has nearly doubled since last year

There has been a steady increase in the number of people signing on to do apprenticeships.

More people are filing their tax returns online

By midnight yesterday, over 397,000 income tax returns for 2013 were filed.

From TheJournal.ie The Banking Inquiry has started contacting potential witnesses, but who? Help Us Out

The Banking Inquiry has started contacting potential witnesses, but who?

Former ECB President Jean Claude Trichet has previously said that he will not appear before the committee.

From TheJournal.ie Drive through Newlands Cross? We’ve some good news for you Opening Day

Drive through Newlands Cross? We’ve some good news for you

The NRA says the new flyover should be open to traffic by Thursday.

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From TheJournal.ie Night buses for Dublin on the table as part of ‘D-Day’ for privatised bus routes Love Me Tender

Night buses for Dublin on the table as part of ‘D-Day’ for privatised bus routes

The NBRU is attempting to delay the tender process for 10% of Dublin’s routes.

Two-thirds of first home buyers would not meet new Central Bank rules: Ulster Bank

The bank’s boss is not a fan of buyers having to save a 20% deposit.

Economy - Thursday 13 November, 2014

We’re paying more for alcohol, tobacco and dining out than this time last year

Higher health and motor insurance premiums are driving up inflation.

Juncker now wants to end tax loopholes his country rubber-stamped for years

The European Commission president was happy to talk up his work luring multinationals when he was Luxembourg’s premier.

AIB will return the €21bn taxpayers pumped into it, but don’t hold your breath on when

Here’s what the bank’s chief would reveal today about how long that will take…

People will pay more to live near a school (regardless of how good it is)

As a national average, people pay 2.6% more to live within 200 metres of a primary school.

Economy - Wednesday 12 November, 2014

Permanent TSB should turn a profit sooner – but don’t expect cheaper mortgages

The bank’s boss said its lending costs were still higher than those of bigger competitors.

From TheJournal.ie Remember Ulster Bank’s IT failure in 2012? The bank has been fined €3.5 million over it The IT Crowd

Remember Ulster Bank’s IT failure in 2012? The bank has been fined €3.5 million over it

Thousands of customers were unable to access their accounts in 2012.

These are the firms with the biggest black holes in their pension schemes

Irish funds are taking more risks with pension money… and those holes are growing.

From TheJournal.ie Christmas comes early: Elmo will be turning on the Grafton Street lights this week Got A Light Bud
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From TheJournal.ie Five banks fined €2.5 BILLION over rigging foreign exchange rates Rate Rigging

Five banks fined €2.5 BILLION over rigging foreign exchange rates

The fines were handed down by UK and US regulators.

From TheJournal.ie ‘No tolls’: Jack Lynch Tunnel to be outsourced, but it WILL remain free to use No Change Given

‘No tolls’: Jack Lynch Tunnel to be outsourced, but it WILL remain free to use

The National Roads Authority is to outsource its running to the same company that operates the tolled Port Tunnel in Dublin.

From TheJournal.ie One in 7 of us have “nothing left” at the end each month Broke

One in 7 of us have “nothing left” at the end each month

Four in five households say they’re concerned water charges will put a further strain on their finances.

Economy - Tuesday 11 November, 2014

Taxpayers may never have to bail out ‘too-big-to-fail’ banks again*

*If new laws proposed by the global banking watchdog are brought in… and if they actually work.

From The Daily Edge Sesame Street stars miss perfect opportunity to slag CNBC after that mortifying IDA interview Squawk Box
Poll: Clicks or bricks, how do you decide where you’re going to shop? Clicks Or Bricks This post contains a poll

Poll: Clicks or bricks, how do you decide where you’re going to shop?

What can local retailers do to win back all the Irish online shoppers spending their cash overseas?

From TheJournal.ie Dublin City Council trying to cut off phone numbers on ‘cash for cars’ ads €€€

Dublin City Council trying to cut off phone numbers on ‘cash for cars’ ads

The council is liaising with gardaí on the issue of the illegal ads.

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A tiny firm that saw the 1929 crash coming sees trouble for 2015

Jerome Levy — grandfather of the firm’s current chairman David Levy — saw trouble coming, and sold his stocks before the 1929 crash.

Economy - Monday 10 November, 2014

Been knocked back for a business loan? Well, here’s some good news

The Credit Review Office has been overturning a lot of rejected applications.

Construction jobs are finally on the way back after being gutted in the recession

There has been an “almost continuous stream of good news” for the Irish economy lately.

Global oil has entered a ‘new era’ of oversupply – but don’t expect much relief at the pump

The government is taking most of the money it costs to fill up your car anyway…

From TheJournal.ie Warehouse worker sacked for eating a jam tart Jammy

Warehouse worker sacked for eating a jam tart

The man said he and his co-worker were actually eating a Mars bar on the shop floor but the Employment Appeals Tribunal said his dismissal was fair.

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Why we won’t need to knock down as many ghost estates as we thought…

40 of the country’s worst ghost estates were targeted for destruction this time last year, but a rising economic tide means that number is coming down…

Economy - Sunday 9 November, 2014

From TheJournal.ie In pictures: When Foot & Mouth had us all on edge … and those little blue tubs were EVERYWHERE Control Measures

In pictures: When Foot & Mouth had us all on edge … and those little blue tubs were EVERYWHERE

The country was plunged into crisis-control mode — and the stringent control measures had an impact on virtually everyone in the State.

Economy - Saturday 8 November, 2014

Want to buy a house next year? You may not actually need a full 20% deposit

New rules restricting banks from granting loans of more than 80% of the property value were due to come into force in January 2015 but there may be a way around that.

From TheJournal.ie Something in the (Irish) Water: 2,000 jobs but still a bad week for the #AllAboutJobs govt Water Mistake

Economy - Friday 7 November, 2014

From TheJournal.ie A luxury sleeper train will soon be arriving on Ireland’s railways Orient Express

A luxury sleeper train will soon be arriving on Ireland’s railways

The service will provide tours of up to six nights around the country.

From TheJournal.ie After saying ‘no way, we won’t pay’, UK agrees to half of €2bn bill from Europe Bills Bills Bills

After saying ‘no way, we won’t pay’, UK agrees to half of €2bn bill from Europe

And they don’t have to pay until September 2015.

From TheJournal.ie 740 new jobs for Longford, Kildare, Dublin and Galway Jobswatch

740 new jobs for Longford, Kildare, Dublin and Galway

The jobs will be created in IT, retail, pet food and the automotive industry.

‘These blunt, cold letters show just how desperate the situation was’

The Nevin Economic Research Institute said that while the contents of the letters from the ECB to Brian Lenihan isn’t a shock, the tone is surprising.