Economy - Today’s News
10 great products to make more of your garden
Say no to gnomes this summer with IKEA garden furniture.
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Economy - Friday 10 May, 2013
Consumers ‘weathering the storm’ as experts predict recession is bottoming out
However a report shows 60 per cent of adults still believe their income will be lower this time next year.
No more consultations on salary waivers for NAMA/NTMA staff on over €200k
Finance Minister Michael Noonan said there will be no further discussions with three members of staff who refused to waive 15 per cent of their salaries.
Sector-specific talks on table as Howlin prepares for defeat on pay deal Exclusive
The public expenditure minister tells TheJournal.ie that some unions would need a dramatic U-turn – and that the next option is negotiating with unions on an individual basis.
Economy - Thursday 9 May, 2013
Troika want banks monitored after ‘disappointingly slow start’ on arrears
The conclusion of the Troika’s tenth review mission to Ireland will result in an estimated €2.4 billion being released.
CPI: Price of alcohol, tobacco and education up, cost of shoes down
Consumer prices in April were up by 0.5 per cent when compared to the same month last year.
Fewer job opportunities in April when compared with last year
Professionals looking for new jobs also increased by 5 per cent in April.
Economy - Wednesday 8 May, 2013
New database will reveal exactly how much rent your neighbours pay
The PRTB also found there was an increase in rents nationally but a fall in Dublin rents.
Poll: Do you shop around for your car insurance?
A survey has found that you could save up to €1,335 if you shopped around for your car insurance.
Banks should disclose how ECB rate changes impact its products – Fianna Fáil
Deputy McGrath has called on the Central Bank to force banks to issue a statement following each change to the ECB’s interest rate.
Economy - Tuesday 7 May, 2013
EU budget: Following talks, leaders agree to hold more talks
EU leaders agreed to hold further discussions on agreeing a budget for the next seven years as well as plugging a shortfall in this year’s finances following negotiations, chaired by Ireland, in Brussels.
AIB ‘on track’ to achieve target pre-provision operating profit
The bank says that, after setting funds aside to provide for bad debts, it should return to operating profit for the full year 2013.
‘Time to ease off on austerity and abandon planned tax hikes’ – IBEC
IBEC says Ireland could drop the ‘new taxes’ planned for Budget 2014 and still meet the EU’s targets.
Economy - Monday 6 May, 2013
2013 St Patrick’s Festival ‘worth €121 million to Irish economy’
That’s over twice as much as the 2010 festival.
Average employee spends 56 minutes of working day on social media sites
“Im dossng off @ wrk, lol. #rebel”
The 10 ‘most socially advanced countries in the world’
That’s according to a Harvard social and economic ranking study.
Economy - Sunday 5 May, 2013
Equine database set up following horsemeat scandal
Minister Simon Coveney also wants tighter controls on the movement of horses.
Poll: Has President Michael D Higgins crossed the line by criticising Europe?
Some believe the president has overstepped the remit of his office by criticising EU austerity policies in an interview with the Financial Times.
Economy - Saturday 4 May, 2013
Portugal: 30,000 jobs cuts, working hours increased and pension age rises
The cuts should save an estimated €4.8 billion by 2015.
Bankrupt developer Sean Dunne reveals liabilities of €718 million
The bankruptcy filing also reveals that he has an average monthly income of €17,000 per month.
Economy - Friday 3 May, 2013
Brussels report says Irish economy will grow slightly less than govt forecast
Dublin said 1.5 per cent growth in the Budget, and 1.3 per cent last week… but the European Commission says 1.1 per cent.
Why this garda bike with an out-of-date tax disc is not breaking the law
Turns out garda vehicles are exempt from motor tax…
Economy - Thursday 2 May, 2013
Three of the ‘big four’ tax heads fell short of expectations in April
A total of €21 million in local property tax was collected during April.
Fitzpatrick called to be questioned on Dublin docklands development
Fine Gael TD Paschal Donohoe has called for Seán Fitzpatrick and a number of other people to appear before Dáil’s Public Accounts Committee.
Relief for tracker mortgage holders as ECB cuts main interest rates
Falling inflation around the eurozone – particularly in Germany – means big decisions from Draghi and co.
This map shows you why rent is rising in Dublin more than anywhere else
The latest rental report from the property website Daft.ie shows that while rents are increasing significantly in the capital they are rising much slower elsewhere, indicating a lack of supply according to economist Ronan Lyons.
Economy - Wednesday 1 May, 2013
JobBridge: 3 out of 5 interns secure paid employment
However, the report said that there is a need for enhanced support mechanisms to reduce the number of people not completing internships.
100 fewer people on the Live Register last month
Ireland’s unemployment rate remains at 14.0 per cent, as a real-terms fall in claimants is undone by statistical adjustment.
Economy - Tuesday 30 April, 2013
Opponents say Irish Stability Programme Update is further proof that austerity isn’t working
Sinn Féin’s Pearse Doherty said that government’s reduced forecast had shown that its current policy of austerity was not working.
Debt advice service sees people trying to cope ‘breaking down in tears’
New Beginning have organised free, debt advice seminars across Ireland.
Eurozone inflation hits new low, raising prospect of ECB rate cut
The governing council of the European Central Bank meets on Thursday where it could provide a fresh boost to mortgage holders.
€100m boost as Central Bank announces bigger profit than expected
The Central Bank’s profits for 2012 were higher than forecast in Budget 2013 – offering some relief for the State coffers.
10 great products to make more of your garden
Say no to gnomes this summer with IKEA garden furniture.
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Record breaker: Eurozone unemployment now at 12.1 per cent
Over 19 million people are unemployed in the eurozone but Ireland has recorded one of the largest year-on-year decreases in unemployment rates.
Central Bank governor Honohan to face TDs and senators
Patrick Honohan will discuss economic and monetary union with TDs and senators on the Oireachtas EU Affairs Committee this afternoon.
Economy - Monday 29 April, 2013
Open thread: What do you need to know about the property tax?
With the deadlines fast approaching it’s likely you have a few questions about the new tax. We’re here to help.
Permanent TSB to overhaul mortgage interest rates for new customers
From this week, interest rates will vary for new customers depending on the amount they borrow and the value of the house.
Greece forced to sack 15,500 public workers to keep EU funds
MPs have signed off on laws which enforce the first mandatory public layoffs in Greece for over a century.
Economy - Sunday 28 April, 2013
Rich pensioners ‘should give back any handouts they don’t need’
Free bus travel, free television licences, heating bill payments – one Conservative minister in Britain has suggested rich pensioners may not need them all.
Economy - Saturday 27 April, 2013
Credit Union loan book is down but membership is up
The lack of demand has been put down to “continued restrictions on lending”.
Noonan denies ECB instruction to refuse information about IBRC
The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.
Economy - Friday 26 April, 2013
England chooses Winston Churchill as the new face of the £5 note
“I have nothing to offer but blood, toil, tears and sweat” – the Churchill quotation chosen for the note.
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