Irish Residential Properties REIT Reports Near Full Occupancy and Strong Market Performance
Irish Residential Properties REIT, one of the largest private landlords in the country, has reported continued strength in its rental portfolio, supported by high occupancy levels and a steady pipeline of asset sales. In its latest trading update covering the three months to the end of September, the company noted that portfolio occupancy reached 99.5 […]
Revolut Reaches 75 Billion Dollars in New Secondary Share Sale
Revolut has announced the completion of a major secondary share sale that places the company at a valuation of 75 billion dollars. This represents a significant uplift on last year’s valuation and reflects the pace at which the digital financial services provider continues to expand. The latest transaction attracted participation from a wide range of […]
Should You Take Advice from a Billionaire?
Public debate often features high-profile comments from influential business figures. Some of these insights can be valuable. Others show how far the lived experience of the ultrarich has drifted from that of ordinary workers, households and SMEs. Many people point to investors such as Warren Buffett who advocate long term thinking, sustainable business models and […]
New ‘Access to Cash’ Law Takes Effect to Protect ATM Availability Nationwide
A new law designed to safeguard public access to cash is set to come into force this week, placing a legal requirement on financial institutions to ensure that an ATM is available within 10 kilometres of the vast majority of homes and businesses across the country. In one of his first actions as Minister for […]
Why Cash Remains Essential in Emergency Planning
Growing international guidance on household emergency preparedness is placing renewed emphasis on the role of cash. Reports that Irish households may soon be advised to keep a small amount of cash at home reflect a broader shift across Europe. The European Central Bank has highlighted that cash is now considered a critical element of national […]
Three Quarters of Businesses Expect Auto Enrolment to Reduce Profits in 2026
A new nationwide survey suggests that most Irish businesses expect pension auto enrolment to place pressure on profitability once the scheme begins in 2026. The research, carried out by FRS Recruitment, indicates that many employers are planning price increases, recruitment freezes or reduced investment to manage the additional cost burden. According to the study, the […]
Sole Applicants Now Account for Almost One Third of First Time Buyer Mortgages, New BPFI Analysis Shows
A growing share of first time buyers are securing mortgages on their own, according to new data from the Banking and Payments Federation Ireland (BPFI). The organisation’s latest Mortgage Market Profile Report indicates that individual applicants made up 31 percent of first time buyer drawdowns in the year to June. The report highlights a strong […]
Irish Unemployment Rate Rises to Highest Level in Four Years
New labour market data from the Central Statistics Office indicates that unemployment has reached its highest point since 2021. The unemployment rate for people aged 15 to 65 rose to 5.3 percent in the third quarter of the year, compared with 4.5 percent in the same period of 2024. The figures show that 155,400 people […]
Concerns Raised Over Employers Attempting to Undermine New Pension Auto Enrolment Scheme
The Department of Social Protection has issued a warning following reports that some employers are attempting to sidestep the new pension auto enrolment system by pressuring staff into joining less beneficial pension arrangements. The national auto enrolment scheme, known as My Future Fund, is due to begin on 1 January and is expected to bring […]
Why Food Prices Are Rising Again
Recent inflation data from the Central Statistics Office shows that overall annual inflation has climbed to its highest level since March 2024, reaching 2.9 percent. One of the most noticeable increases is in the cost of food and non alcoholic beverages, which has risen by 4.5 percent over the past twelve months. With Christmas approaching, […]
Irish Businesses Urged to Strengthen Online Resilience After Major Cloudflare Outage
A significant global outage at Cloudflare this week caused widespread disruption and highlighted the scale of reliance many organisations have on unseen digital infrastructure. While the company is not widely known outside the technology sector, its services underpin a large proportion of global internet traffic, meaning even a short disruption can have far reaching consequences. […]
ECB Expected to Keep Interest Rates Steady Until 2026 as Economic Conditions Hold Firm
The European Central Bank is widely expected to maintain interest rates at current levels until at least the end of 2026, according to a new Reuters survey of economists. The outlook reflects a steady economic environment across the euro zone, with inflation close to target, growth stable and unemployment at record lows despite uncertainty in […]
UK Inflation Slows in October, Offering Some Relief for Policymakers
New figures from the Office for National Statistics show that consumer price inflation in the UK eased to 3.6 percent in October, down from 3.8 percent in September. This marks the first decline since May and provides a modest boost for both the government and the Bank of England, which had anticipated a slowdown. The […]
Consumers Show Strong Preference for .ie Retailers and Website-Based Shopping
New research suggests that Irish consumers continue to place significant trust in established websites when shopping online. The survey, carried out by Core Research on behalf of .ie, found that three in four people prefer to make purchases through traditional websites rather than social media platforms. Almost three in five respondents also said they were […]
Bank of England Expected to Begin Rate Cuts in December
A new survey of economists suggests that the Bank of England is likely to reduce interest rates in December, followed by another cut early next year. This marks a shift from expectations only a month ago, when many analysts believed rates would remain unchanged for the rest of 2025. The December decision will come shortly […]
Public Consultation Opens on the Right to Request Remote Working
The Government has begun a public consultation inviting individuals, employers and interested organisations to share their views on how the right to request remote working is functioning in practice. The current framework, which took effect in March 2024, places a clear obligation on both employers and employees to follow a code of practice issued by […]
EU Forecast Signals Exceptional Irish Growth in 2025
The latest Autumn 2025 Economic Forecast from the European Commission points to a remarkable surge in Ireland’s economic performance next year. Gross domestic product is expected to expand by 10.7 percent in 2025, driven primarily by strong export activity recorded during the first half of the year. This sharp rise is expected to be short […]
Grocery Sales Strengthen as Food Price Inflation Eases
New industry data shows that grocery inflation in Ireland has slowed to 6.06 percent in the twelve weeks to 2 November, down from 6.6 percent in the previous period. Despite continued price pressures, overall take home grocery sales increased by 5.5 percent in the four weeks to early November, according to figures from Worldpanel by […]