Posts By: admin

Hotels’ costs rising faster than revenues, says report

Hotels’ costs rising faster than revenues, says report HOTEL insurance rates are rising by 10pc per annum, prompting some operators to rethink how their leisure facilities in particular are used, according to Aiden Murphy, a partner with accountancy and advisory firm Crowe Ireland. He said one of the options for hotel operators is outsourcing the… Read more »

Car running costs dip but insurance still an issue

Car running costs dip but insurance still an issue The average cost of running a family car for a year stands at €10,590, according to the AA’s annual survey of motoring costs – a decrease of €98.11 on last year. The survey also revealed a 7% drop in insurance costs, but the AA said the… Read more »

EU goods trade gaps with US and China widen

EU goods trade gaps with US and China widen The European Union’s trade surplus in goods with the US and its deficit with China both increased in the first five months of 2019, figures that could add extra strain to global tensions. The European Union’s surplus with the US grew to €62.1 billion in the… Read more »

Ireland at full employment as jobless rate unchanged

Ireland at full employment as jobless rate unchanged. THE country is at full employment as just 4.5pc of the workforce are out of work. The seasonally adjusted unemployment rate for June was 4.5pc, unchanged on the prior month. However, it was down 1.9pc when compared to a year earlier, according to figures from the Central… Read more »

Government surplus of €50m in 2018, new CSO figures show

Government surplus of €50m in 2018, new CSO figures show The Government surplus stood at €50m in 2018, new figures from the Central Statistics Office show today. This represents 0.01% of GDP and compares to a deficit of €83m in 2017, or 28% of GDP. The CSO said that Government revenues increased by 7.2% to… Read more »

No-deal Brexit could result in higher taxes for online shoppers

No-deal Brexit could result in higher taxes for online shoppers Minister of State for European Affairs Helen McEntee has said a no-deal Brexit could result in higher taxes for online shoppers and difficulties in returning goods, as the UK would no longer be subject to the same consumer rights and protections. Speaking on RTÉ’s Morning… Read more »

Irish economic growth for 2018 revised up to 8.2%

Irish economic growth for 2018 revised up to 8.2% The Irish economy grew 8.2% last year, according to new data released by the Central Statistics Office. Gross Domestic Product, a measure of the total output of an economy, stood at €324 billion for the year, the CSO said. But when the profits of multinationals were… Read more »