Banks warn of surge in text message scams as festive season approaches
Irish banks are warning consumers and businesses to be on high alert for a rise in so-called smishing scams in the lead-up to Christmas, as fraudsters increasingly exploit busy periods and heightened online activity. New figures show that text message fraud remains the most common source of payment scams reported by customers this year. AIB […]
ISME cautions against passing grid upgrade costs onto businesses and consumers
The Irish SME Association has warned that planned investment in Ireland’s electricity grid should not result in higher energy bills for businesses or households. The organisation argues that while upgrading the national network is necessary, the financial burden should not be transferred directly to end users. The warning follows comments from the energy regulator indicating […]
Central Bank warns housing targets remain difficult as supply pressures persist
The Central Bank has warned that achieving the Government’s target of delivering 300,000 new homes by the end of 2030 will remain difficult, pointing to ongoing constraints across the construction sector. While the bank has slightly upgraded its outlook for housing output, it remains cautious about the pace at which supply can increase. According to […]
Budget Measures Expected to Reduce Household Disposable Incomes, ESRI Warns
Recent Budget decisions are set to lead to a fall of around 1.3 percent in disposable incomes for many households, according to new analysis from the Economic and Social Research Institute. The ESRI suggests the impact will be felt most acutely by middle and higher income earners, following the freezing of income tax credits and […]
ECB Expected to Keep Interest Rates on Hold as Euro Zone Growth Holds Up
The European Central Bank is expected to leave interest rates unchanged, reflecting a growing confidence that the euro zone economy is proving more resilient than previously feared. Recent economic data from across the single currency area has outperformed earlier ECB forecasts, easing pressure on policymakers to consider near term rate cuts. Growth across the 20 […]
House Price Inflation Moderates Slightly as Regional Gaps Persist
Residential property prices continued to rise in the year to October, with annual growth easing marginally to 7.3 percent, according to the latest data from the Central Statistics Office. This compares with a revised growth rate of 7.5 percent in September, suggesting price inflation remains strong despite signs of a gradual slowdown. The figures show […]
Construction Roles Dominate Ireland’s Most In-Demand Jobs for 2025
New figures from IrishJobs indicate that construction-related roles are leading Ireland’s employment demand as the labour market moves through 2025, with project managers emerging as the single most sought-after position. According to the data, eight of the ten most in-demand roles this year are linked to the construction sector. This reflects ongoing skills shortages that […]
UK Unemployment Climbs as Labour Market Shows Further Signs of Strain
New figures from the UK’s Office for National Statistics indicate a continued softening in the British labour market, with unemployment rising and wage growth easing again, particularly affecting younger workers. The unemployment rate increased to 5.1% in the three months to October, up from 5% in the previous period. This marks the highest level recorded […]
Ireland Must Decouple Economic Growth from Fossil Fuel Use, SEAI Warns
Ireland has reduced its energy-related greenhouse gas emissions by 16% since 2018, yet remains heavily reliant on fossil fuels as the economy continues to expand, according to a new report from the Sustainable Energy Authority of Ireland. The Energy in Ireland 2025 report finds that while emissions linked to energy use are now at their […]
Electricity Bills to Rise as Ireland Commits to Major Power Grid Investment
Electricity users across Ireland are set to see higher bills from next year as funding is put in place for a large-scale overhaul of the national electricity grid. Monthly increases are expected to range from €1 to as much as €1.75 before VAT, depending on how the investment programme progresses. While the individual increase may […]
EU Signals Possible Shift on 2035 Combustion Engine Ban Amid Industry Pressure
The European Commission is expected to outline proposals that could significantly alter the EU’s plan to phase out new petrol and diesel car sales from 2035. The move follows sustained lobbying from major member states, including Germany and Italy, alongside mounting pressure from European carmakers facing intense competition from US and Chinese manufacturers. While final […]
Christmas Dinner Costs Edge Higher as Shoppers Balance Value and Festive Treats
The cost of putting Christmas dinner on the table has risen slightly this year, according to new data from Worldpanel by Numerator. A traditional Christmas dinner for a family of four is estimated to cost €32.28, compared with €31.22 last year, reflecting modest but noticeable increases in seasonal food spending. While some everyday items such […]
EU Reconsiders 2035 Combustion Engine Ban Amid Industry Pressure
The European Commission is expected to signal a significant shift in its climate and transport policy, with plans to revise the EU’s effective ban on the sale of new petrol and diesel cars from 2035. The move follows sustained lobbying from major member states, including Germany and Italy, alongside mounting pressure from European carmakers facing […]
ECB Expected to Pause Again as Debate Intensifies Over What Comes Next
The European Central Bank is widely expected to leave interest rates unchanged at its meeting this week, marking a fourth consecutive pause as inflation remains broadly under control. While policy itself looks set to stay steady, disagreement is growing beneath the surface over where rates should head next. After a year of rate reductions, the […]
Global Shifts Reshape Markets, Bringing Fresh Risks and Opportunities for Investors
Market volatility and uncertainty look set to remain a defining feature of the investment landscape into 2026, according to investment specialists, with geopolitical change reshaping both risks and potential returns. The past year has been characterised by rising international tensions, trade disputes, tariffs and a growing trend towards economic isolation. These forces show little sign […]
Irish Economy Faces Slower Growth Outlook Over the Coming Decade
Ireland’s domestic economy is expected to record modest but steady growth over the next ten years, according to a new projection from the Economic and Social Research Institute. The research suggests annual growth of slightly over 2%, pointing to a period of stability rather than rapid expansion. The study assesses how the Irish economy may […]
Inflation Climbs to 21-Month High as Prices Continue to Rise
Ireland’s annual rate of consumer price inflation increased to 3.2% in November, according to the latest figures from the Central Statistics Office. This marks an acceleration from the 2.9% rate recorded in October and represents the highest annual inflation level since February 2024. The data shows that price pressures remain widespread across several sectors of […]
UK Economy Records Unexpected Contraction Ahead of Key Rate Decision
The UK economy recorded an unexpected decline in the three months to October, according to new figures from the Office for National Statistics. The data shows that gross domestic product fell by 0.1% over the August to October period, defying expectations of flat growth and reinforcing market expectations of an imminent interest rate cut by […]