Posts Categorized: Uncategorized

Sterling slips from 5-month high on Brexit delay jitters

Sterling slips from 5-month high on Brexit delay jitters Sterling fell over half a percent against the dollar this morning, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson’s plan for a decision on his withdrawal deal. But the pound… Read more »

Banks to take steps to support bereaved customers

Banks to take steps to support bereaved customers The five main banks in Ireland are to set up dedicated phone lines to help bereaved customers, in an effort to improve the care of those who have lost loved ones. Access will also be given by the financial institutions to any available funds of the deceased… Read more »

Ireland sees 12% increase in brand value – survey

Ireland sees 12% increase in brand value – survey Ireland has recorded a 12% increase in brand value over the past year to bring its total to $604 billion. This is according to the latest report by Brand Finance, which ranks the 100 most valuable and strongest nation brands every year. Brand Finance said that… Read more »

Fear of ‘difficult’ tenants driving landlords out of market – RTB

Fear of ‘difficult’ tenants driving landlords out of market – RTB The chairman designate of the Residential Tenancies Board has said the fear of difficult tenants is one of the reasons why “accidental” landlords are getting out of the market. Speaking to the Oireachtas Housing Committee, Tom Dunne said some landlords are “vulnerable” and he… Read more »

Consumer sentiment falls to 6 year low on Brexit fears

Consumer sentiment falls to 6 year low on Brexit fears Consumer sentiment here fell to a six-year low last month, the third month in a row in which it has fallen. According to the KBC Bank Ireland Consumer Sentiment Index, Brexit uncertainty continues to drive people’s confidence in the economy and their personal finances lower…. Read more »

Euro zone inflation slows in September on cheaper energy

Euro zone inflation slows in September on cheaper energy Euro zone inflation slowed further year-on-year in September because of cheaper energy, new figures showed today. But the core measure excluding such volatile components rose, the first estimate from the European Union’s statistics office Eurostat showed. The numbers underline the difference of opinion over the state… Read more »

Oil prices fall due to weak economic data, Saudi output recovery

Oil prices fall due to weak economic data, Saudi output recovery Oil prices fell today after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand. The drops also came as Saudi Arabia said it could restore oil output faster than anticipated following attacks last week. Brent crude futures… Read more »

IFAC urges Budget caution over Brexit, global risks

IFAC urges Budget caution over Brexit, global risks The Irish Fiscal Advisory Council has urged the Government not to rely on surges in corporation tax to cover spending overruns. In its pre-Budget statement, the economic watchdog has said the Government should be cautious because of the risks associated with Brexit and a “worsening outlook” in… Read more »

‘Industry central to Ireland’s climate action targets’

‘Industry central to Ireland’s climate action targets’ The government has advised industry that the environment needs to move higher up their agenda if businesses want to remain competitive. “Irish enterprise has failed to break the link between economic prosperity and damaging greenhouse gas emissions,” Minister for Communications, Climate Action and Environment, Richard Bruton, told an… Read more »

Irish employment growth slows to a 6-year low

Irish employment growth slows to a 6-year low New figures from the Central Statistics Office show the numbers employed in the economy falling from March to June of this year. The CSO’s latest Labour Force Survey has led to an upward revision in the unemployment rate for July from 4.6% to 5.3%. The number of… Read more »