Syndicated News

06 Nov

Consumer sentiment slumps further as Brexit rumbles on

Consumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today.  While the economy here has remained the fastest growing in the EU throughout three years of Brexit talks, consumer confidence took a hit in recent months as

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05 Nov

Campaigners call for further reform of insurance market

Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. But they say further moves and greater transparency are needed to reassure consumers and bring down premiums. The Alliance for Insurance

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05 Nov

New rules agreed for distressed mortgage holders

An agreement on how to resolve disputes between lenders and distressed mortgage holders has been reached between two leading agencies. MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it will help consumers who are struggling with mortgage debt. The agreement extends to so-called vulture

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04 Nov

Manufacturing conditions improve after four month slump

Manufacturers reported an improvement in business conditions during October, following four months of steady decline. The latest AIB Manufacturing Purchasing Managers’ Index has recorded growth in new orders and output, with employment also improving in the month. It marks the first improvement since May, with the headline PMI rising three points on September’s reading to

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04 Nov

New parents to get two weeks extra paid leave

New working parents will be able to take two extra weeks of paid leave from today. The leave will be available to parents of children born or adopted from today, the 1st of November and must be taken in the first year following the birth or placement of a child. The Department of Employment Affairs and

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31 Oct

Plans to auto-enrol workers in pension schemes announced

The Government is to introduce a system of pension auto-enrolment on a phased basis from 2022. The details have been published by the Department of Employment Affairs and Social Protection. Under the system, a worker will be automatically enrolled in a pension scheme when they start a job. It will apply to all employees aged between 23

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31 Oct

Euro zone Q3 growth unexpectedly steady, inflation slows on cheaper energy

Euro zone economic growth in the third quarter defied market expectations of a slowdown and was steady quarter-on-quarter, preliminary data showed today. The euro zone’s headline inflation also slowed because of a sharp fall in energy prices.  The European Union’s statistics office Eurostat estimated gross domestic product in the euro zone grew 0.2% in the

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29 Oct

Ireland out of step on green R&D targets

Ireland has emerged as one of a handful of smaller European countries not to commit to double public investment in green energy R&D by next year, under an international collaboration called Mission Innovation. To date, 24 countries, including smaller European nations such as Austria and Denmark, as well as the EU itself, have signed up

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