Industry & Business

Tag "Economy"

Apple Pay mobile payment service launches in Ireland

    Apple Pay mobile payment service launches in Ireland

Apple Pay allows people using certain Apple mobile devices to pay for goods and services in thousands of retail outlets around the country where contactless payments are accepted. They will

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Post offices to close and stamp cost to rise

    Post offices to close and stamp cost to rise

The Chief Executive of An Post, David McRedmond, has said that the cost of a national stamp is to rise from 72c to €1 and that some post offices will

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Eurozone Economy Expands at Fastest Rate in 67 Months

    Eurozone Economy Expands at Fastest Rate in 67 Months

The end of 2016 saw the eurozone economy expand at the fastest pace since May 2011, according to the Markit Eurozone Composite Purchasing Managers’ Index, released on Wednesday. However, price

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Irish Business Sectors Consider how Brexit will Affect Trade

The business sector in Ireland is preparing for the blows that the economy will face after hearing the results of the Brexit vote.

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PwC Survey Shows Potential Setback in the Construction Industry

A new survey by the pwc shows that many leaders in the construction industry believe that their business would suffer if Britain left the European Union.

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Both Ireland and Northern Ireland’s economies would benefit financially if reunified

    Both Ireland and Northern Ireland’s economies would benefit financially if reunified

Political and economic reunification of both the North and South of Ireland could potentially deliver a €35.6bn boost in GDP for the island in the first eight years – according

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ESRI predicts growth close to 5% in 2016

    ESRI predicts growth close to 5% in 2016

The Economic and Social Research Institute (ESRI) has forecast that the economy will grow by 6.7% this year and close to 5% next year, with employment breaking through the two-million

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Ibec increases its projections for Irish economy

    Ibec increases its projections for Irish economy

Business group Ibec has improved its GDP forecast for the Irish economy this year, and now expects it to grow by 7.1%, after last week it indicated that annual growth was

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Forecast predicts 6% growth in Irish economy

    Forecast predicts 6% growth in Irish economy

The Irish economy is expected to grow by almost 6% this year, according to a new forecast. The EY Economic Eye forecast for winter shows that Ireland’s economy is on

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Ulster Bank PMI shows continuous growth in construction

Construction firms saw another rise in new business, according to the latest Ulster Bank PMI on the sector, which helped boost an overall improvement in activity, employment and confidence. The

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Billion dollar aircraft leasing industry paid €23m in corporation tax in 2014

Aircraft leasing is a multi-billion euro industry yet it paid €23m in Irish corporation tax last year. Ireland is home to nine of the 10 largest leasing firms. The top

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Join over 2,000 delegates at the National Sustainability Summit

The National Sustainability Summit will take place for the first time on 3 November in the Aviva Stadium, Dublin. The event will provide a timely platform to discuss and debate

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Philip Lane appointed new Central Bank Governor

Philip Lane, an economics professor at Trinity College Dublin, has been named as the new Governor of the Central Bank. He replaces Professor Patrick Honohan, who announced in May that

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Consensus forecast predicts economy to grow by 5.6pc in 2015

    Consensus forecast predicts economy to grow by 5.6pc in 2015

The forecast, carried out by DKM Economic Consultants, based its estimate on projections from both Irish and international bodies such as the IMF, the EU and the OECD. It found

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