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Dublin: 17 °C Tuesday 22 July, 2014

Economy - Today’s News

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Economy - Wednesday 9 July, 2014

From TheJournal.ie Colm McCarthy among 9 experts who will help banking inquiry figure out what to investigate The Experts

Colm McCarthy among 9 experts who will help banking inquiry figure out what to investigate

The banking inquiry met again in private session this morning.

From TheJournal.ie Hotel sales are up by €84 million this year Sales Booked

Hotel sales are up by €84 million this year

And it’s supposed to grow even more as the year progresses…

From TheJournal.ie We could be repaying our mortgages into retirement – the verdict on the arrears crisis Kick In The Arrears

We could be repaying our mortgages into retirement – the verdict on the arrears crisis

The Finance Committee’s report on mortgage arrears is in – here’s what they say.

Economy - Tuesday 8 July, 2014

Moy Park expansion to create over 500 jobs at three Northern Ireland sites

This is on top of 100 jobs already created by the €210 million investment.

From TheJournal.ie Finance Committee tells Central Bank: legal letters to crisis mortgages aren’t ‘sustainable’ Not Good Enough

Finance Committee tells Central Bank: legal letters to crisis mortgages aren’t ‘sustainable’

A draft copy of the committee’s report on mortgage arrears seen by TheJournal.ie contains strong words for the Central Bank.

From TheJournal.ie Over-35s to face penalty on first-time health insurance policies Insurance

Over-35s to face penalty on first-time health insurance policies

The move is designed to bring younger customers into the market.

From TheJournal.ie Council workers in South Dublin say today’s LRC talks are the ‘last chance’ before a strike Talks

Council workers in South Dublin say today’s LRC talks are the ‘last chance’ before a strike

IMPACT says a work stoppage will be held on Thursday if no agreement is made.

From TheJournal.ie Bidding opens on the first ever online-only property auction today All Online These Days

Bidding opens on the first ever online-only property auction today

Now you can buy a house on your PC, tablet or smartphone!

Economy - Monday 7 July, 2014

We bought five times more electric cars this year…

…but don’t get too excited – that’s still only 124 out of 62,280.

From TheJournal.ie Michael Noonan says that Ibec’s budget sums “are at best a guesstimate” Budget 2015

Michael Noonan says that Ibec’s budget sums “are at best a guesstimate”

The employers’ group says that now is the time to give consumers a break from austerity.

From TheJournal.ie Bruton wants to stay in jobs portfolio The Jobs Job

Bruton wants to stay in jobs portfolio

The Minister says he still has a job to do in his current post.

From TheJournal.ie ‘Put your country first, let Garth Brooks play’ Workin On A Full House

‘Put your country first, let Garth Brooks play’

The gigs are worth €50 million to the Dublin economy, it has been claimed.

From TheJournal.ie Two speed recovery underway with consumers unconvinced by economic ‘upturn’ Life In The Slow Lane

Two speed recovery underway with consumers unconvinced by economic ‘upturn’

Irish consumers are still overwhelmingly negative about their personal finances, with many unconvinced of the impact of the economic recovery.

Investor confidence in Irish economy hits four-year high

Over 80% of investors are positive on Ireland’s prospects, up from 10% in 2010.

From TheJournal.ie IMF: Politicians should take advantage of ‘favourable’ financial market conditions Forecast

IMF: Politicians should take advantage of ‘favourable’ financial market conditions

The International Monetary Fund is to give its official global economic forecasts in two weeks.

Economy - Sunday 6 July, 2014

From TheJournal.ie Bereaved families spend days searching for coffins due to Venezuela shortages Inflation

Economy - Saturday 5 July, 2014

From TheJournal.ie Aaron McKenna: The good times must be back if we’ll turn away 400,000 concert goers Column

Aaron McKenna: The good times must be back if we’ll turn away 400,000 concert goers

We’re clearly feeling more bullish about the economy if we’re cancelling sold-out shows. But should we be so confident?

Economy - Friday 4 July, 2014

The Briefcase: good news on the economy, a boom-time property market and the most hated family in Ireland Inbox Me This post contains a poll

There’s more money flowing into commercial property than at the height of the boom

Estimates of the total spend for the year are running as high as €5 billion.

Economy - Thursday 3 July, 2014

From TheJournal.ie There’s a new boss at the Department of Finance More Moran

There’s a new boss at the Department of Finance

Career civil servant Derek Moran was approved by cabinet today.

From TheJournal.ie After opening a Penneys, Enda Kenny spoke to his ‘good friend’ Angela Merkel about bank debt Besties

After opening a Penneys, Enda Kenny spoke to his ‘good friend’ Angela Merkel about bank debt

The Taoiseach also spoke at an economic conference on his whistle-stop tour of Berlin today.

From TheJournal.ie Noonan: Dara Calleary “is like an arsonist blaming the fire brigade” Dáil

Noonan: Dara Calleary “is like an arsonist blaming the fire brigade”

The Finance Minister was accused of failing to deliver a deal on bank recapitalisation.

From TheJournal.ie The economy grew by 2.7% in the first three months of the year Growth

The economy grew by 2.7% in the first three months of the year

Illegal economic activity worth €1.25 billion also contributed to a revision of the GDP figures for last year.

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From TheJournal.ie Are you Facebook friends with your boss? Half of people are Work Friends

Are you Facebook friends with your boss? Half of people are

Do you get a hammock as well? Some people get a hammock.

Carphone Warehouse’s new mobile network to create 50 new jobs

Carphone Warehouse is launching a new mobile network next year.

Applegreen announces 360 new jobs nationwide

More than 250 construction workers will also be contracted for the construction of the new service stations.

Economy - Wednesday 2 July, 2014

The 142 reg plate is so far twice as popular as the 132 last year

SIMI said initial sales have far exceeded expectations.

From TheJournal.ie The exchequer tax take is €500 million ahead of target Payday

The exchequer tax take is €500 million ahead of target

Despite the positive overall picture, overspend in the Department of Health is still proving a drag on State finances.

The NTMA has cut its payback requirements for 2016 by €2 billion

The move makes Ireland’s debt repayment schedule easier to handle.

More than three quarters of companies can’t find the right talent for the job

A PwC report has flagged problems in the IT sector, and also says our tax system is alienating foreign executives.

From TheJournal.ie Council sale of four acres would provide just 22 social housing units Housing Crisis

Council sale of four acres would provide just 22 social housing units

A councillor in south Dublin said the plan would to “nothing to tackle the growing house crisis” in the area.

Economy - Tuesday 1 July, 2014

How many new cars have been sold in Ireland so far this year? New Cars Go This post contains a poll

How many new cars have been sold in Ireland so far this year?

A pickup in consumer sentiment and wide availability of finance is driving car sales.

“Strong sales” at Allsop auction, as landmark Dublin pub goes for €410,000

The latest high-profile auction of homes, retail outlets and business premises is taking place at the RDS in Dublin today…

Column: Today you will see one way the EU does actually make life better

Promise, says minister for state Paschal Donohoe, who wants you to know that consumer is a winner under new EU legislation.

From TheJournal.ie Drumroll please… Ireland’s top ten visitor attractions are…? What's In Store

Drumroll please… Ireland’s top ten visitor attractions are…?

Good news for Kildare, and another solid performance from Irish tourism’s ‘big beasts’…

From TheJournal.ie Ever had a tough time getting a deposit back from a landlord? You’re not alone… Hard Times

Ever had a tough time getting a deposit back from a landlord? You’re not alone…

It can be a frustrating process — and it looks like around two thirds of us have had some experience in the area…

From €10k houses to an entire shopping centre: A look at today’s Allsop auction properties

If you’ve a few grand or a few million to spare, or just fancy a look at what’s on offer — there are some unusual lots up for sale in the RDS today…

From TheJournal.ie The top 10 countries that spend the most on beer… (yes, obviously we’re up there – but where?) 277 Green Bottles

Daft report: More houses coming onto market, Dublin prices up by 21 per cent

There were also price rises in Cork and Galway, but decreases in Limerick and Waterford cities.

Economy - Monday 30 June, 2014

Sell your house, bring the negative equity with you – is the new AIB mortgage plan a good one?

The bank has launched a new product that will help people in negative equity move – but they’ll take the debt with them.