Syndicated News

14 May

Construction activity growth quickens in April despite Brexit concerns

Construction activity growth quickens in April despite Brexit concerns Construction activity rose sharply last month with April marking the 68th consecutive month of stronger construction activity in Ireland. The Ulster Bank Construction Purchasing Managers’ Index – which tracks changes in total construction activity – rose to 56.6 in April up from 55.9 in March. Ulster

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14 May

Number of homes to rent ‘at lowest level since 2006’

Number of homes to rent ‘at lowest level since 2006’ The number of homes to rent has reached its lowest level since 2006. According to the latest quarterly rental report from Daft.ie just 2,700 homes were available to rent nationwide on 1 May this year. The shortage of supply has pushed up average rents across

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13 May

Revenue collected 26% more corporation tax last year

Revenue collected 26% more corporation tax last year The amount of corporation tax collected by the state last year increased by 26% to €10.4 billion, according to the Revenue Commissioners’ annual report. The increase was driven by higher payments from manufacturing companies and increased payments from big multinational companies. The report also shows that the

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13 May

UK economy expands on Brexit stockpiling

UK economy expands on Brexit stockpiling The UK economy grew by 0.5% in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed today. British gross domestic product expansion outpaced the 0.2% seen in the final three months of 2018, the Office for National Statistics said in a statement. The ONS added

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13 May

Annual inflation hits seven-year high of 1.7% in April – CSO

Annual inflation hits seven-year high of 1.7% in April – CSO Inflation hit a seven-year high of 1.7% in the year to April, new figures from the Central Statistices Office figures show. Today’s CSO figures are a sign of significant consumer price growth in the country after four years as European Union’s best performing economy.

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10 May

European shares tumble amid trade tensions

European shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US

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09 May

China’s exports fall ahead of crucial trade talks

China’s exports fall ahead of crucial trade talks China’s exports fell more than expected in April while imports rose, official data showed today ahead of high-stakes talks aimed at resolving a trade war with the US. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week following

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09 May

NTMA plans to launch new 2050 syndicated bond

NTMA plans to launch new 2050 syndicated bond The National Treasury Management Agency said today it plans to issue a new 2050 bond via a syndicated sale in the near future Market sources say the auction – which is subject to market conditions – is expected to raise about €3 billion. The NTMA has already

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