Posts Categorized: Practicenet News

Euro zone manufacturing stalled in November

Euro zone manufacturing growth stalled in November and new orders fell at the fastest pace in 19 months despite heavy price cutting, painting a bleak picture for the coming months, a survey has shown today. Also worryingly for policymakers at the European Central Bank, who are struggling to bolster growth and drive up low inflation,… Read more »

Irish manufacturing marks 18 months of growth in November – PMI

Irish manufacturing activity increased for the 18th month in a row in November as exporters saw new orders flood in at the fastest rate in almost four years. Ireland last year became the first bailed-out euro zone country to exit its international assistance programme. The government is forecasting growth of almost 5pc this year, which… Read more »

Enda Kenny’s pledge to cut marginal tax rate to 50% in budget assumes economic growth

The precise means to be used will only be determined next year in the light of what resources are available, but the working plan will probably be to use a similar approach to the 2015 budget. Politically, this allows the Government to target middle-earners without being seen to deliver too significant gains to those on… Read more »

Irish home loan rules ‘strictest in Europe’ – agents

NEW rules on home loans being planned by the Central Bank will be among the strictest in Europe, estate agents have said. Delegates attending the European Confederation of Real Estate Agents Conference in Dublin expressed surprise that Ireland was introducing a 20pc deposit requirement when, out of 14 countries represented, a deposit was required in… Read more »

Bruton says Irish firms have risen to international challenge

Jobs Minister Richard Bruton has said that Irish entrepreneurs have risen to the challenge, and taken up the message that they need to internationalise. Minister Bruton was speaking at the Deloitte Enterprise Ireland CEO Forum in Dublin Castle today. 350 chief executives are hearing about education and training, the opportunities in exporting to customers in… Read more »