Business News

18 Sep

‘Palpable’ risk of no-deal Brexit remains – Juncker

‘Palpable’ risk of no-deal Brexit remains – Juncker European Commission President Jean-Claude Juncker said there was a “palpable” risk of a no-deal Brexit and progress on replacing the backstop could not be made to reach a deal until the UK submitted written proposals. Speaking at the European Parliament, he said “the risk of a no-deal

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18 Sep

UK car imports spend races 181% higher in summer months – Fexco

UK car imports spend races 181% higher in summer months – Fexco New figures show that Irish motorists increased their spending on cars imported from the UK by 181% in July and August compared to the same two months in 2018. The figures show that the country’s car import boom is picking up speed as

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18 Sep

House rebuild costs rise by 6%, SCSI survey shows

House rebuild costs rise by 6%, SCSI survey shows National average re-build costs have increased by an average of 6% over the past year, the latest Guide to House Rebuilding Costs from the Society of Chartered Surveyors Ireland reveals. The Guide to House Rebuilding Costs is used by homeowners to calculate the rebuilding costs of

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17 Sep

House rebuild costs rise by 6%, SCSI survey shows

House rebuild costs rise by 6%, SCSI survey shows National average re-build costs have increased by an average of 6% over the past year, the latest Guide to House Rebuilding Costs from the Society of Chartered Surveyors Ireland reveals. The Guide to House Rebuilding Costs is used by homeowners to calculate the rebuilding costs of

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17 Sep

Bank to the future: online banking set for big changes

Bank to the future: online banking set for big changes In the past few weeks it’s likely that your bank, credit union or building society has been in touch to ensure that the contact details they have on file for you are correct. That’s so they can comply with new European rules, coming into force

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17 Sep

Petrol and diesel prices could rise ‘significantly’ – AA Roadwatch

Petrol and diesel prices could rise ‘significantly’ – AA Roadwatch Motorists can expect a hike in the price of petrol and diesel prices within weeks following attacks on two Saudi oil processing plants, according to AA Roadwatch. The warning came as the cost of a barrel of oil surged after drone strikes on national energy

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16 Sep

ECB announces measures to kick start euro zone economy

ECB announces measures to kick start euro zone economy The European Central Bank today promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory, an effort to prop up the ailing euro zone economy. The moves come in the final weeks of ECB President Mario Draghi’s mandate. They will

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16 Sep

France urges EU rules on cryptocurrencies, warns of Libra risks

France urges EU rules on cryptocurrencies, warns of Libra risks The European Union should create a common set of rules for virtual currencies, currently largely unregulated in the bloc, to counter risks posed by Facebook’s cryptocurrency Libra, France’s Finance Minister said today. The 28-nation EU does not have specific regulations on cryptocurrencies. So far cryptocurrencies

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13 Sep

Higher rents and mortgages push inflation higher

The annual inflation rate in August rose to 0.7% from 0.5% a month earlier, new figures from the Central Statistics Office show. Inflation had risen above 1% year-on-year for the first time in six years in March but slipped back below that level in July. August saw consumer prices rising on the back of higher

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