Ireland’s economic momentum has accelerated significantly this year, propelled largely by the extraordinary performance of the multinational sector. A combination of booming pharmaceutical activity, strong technology exports and robust domestic conditions has resulted in one of the strongest periods of growth the country has experienced in recent years. Pharmaceutical exports have been a standout factor….
Category Archives: News
A new study from the Economic and Social Research Institute has found that living standards in the Republic of Ireland exceed those in Northern Ireland across several key economic and social indicators. The report shows a clear income gap. In 2022 the average household in the Republic had disposable income of €36,900, compared with €33,400…
New data from the Central Statistics Office indicates that Irish households continue to increase their use of online services, with internet banking reaching its highest level of adoption to date. The CSO’s latest Household Digital Consumer Behaviour report, covering the second quarter of the year, highlights a continued shift toward digital habits across nearly all…
Inflation across the euro zone rose slightly in the latest figures, reinforcing expectations that the European Central Bank will maintain its current interest rate stance for the foreseeable future. New data from Eurostat shows annual inflation increasing to 2.2 percent from 2.1 percent, keeping it close to the ECB’s target for most of the year….
A new survey from PwC suggests that although Irish workers are aware of the potential advantages of artificial intelligence, daily usage of these tools remains limited. The firm’s latest Workforce Hopes and Dreams report found that only 10 percent of employees in Ireland use generative AI each day, a lower proportion than the global average…
New research into personal finance habits shows that most adults in Ireland maintain savings or deposit accounts alongside their current accounts. The survey, commissioned by Banking and Payments Federation Ireland, indicates that three quarters of respondents have set money aside, although the amounts vary widely. A significant proportion of those with savings hold smaller balances….
Irish Life Health has confirmed that it will apply another round of premium increases from January 2026, with prices rising by an average of 5 per cent across its policy range. The change will affect both new customers and existing members whose renewals fall due from the start of the year. This marks the fourth…
New legislation aimed at protecting access to cash has now come into force, placing clear obligations on financial institutions to maintain ATM availability nationwide. The measure responds to growing concerns about the disappearance of cash services, particularly in rural communities affected by branch and post office closures. While the use of digital payments has accelerated…
Employers can now begin registering for Ireland’s new pension auto enrolment system, My Future Fund, ahead of its formal launch on 1 January. The scheme is designed to bring hundreds of thousands of workers who currently have no occupational pension into retirement saving for the first time, and it places clear new obligations on employers….
Bank of Ireland has announced plans to pilot a new lending product designed to support homeowners who wish to trade down. The initiative, scheduled to launch in early 2026, will be available to all homeowners regardless of whether they are existing customers of the bank. The bank said the new loan is part of a…