The Government’s latest cost-of-living package is on course to exceed €1.2bn, of which €400m looks set to be allocated for social protection measures. It follows a meeting last night between the Coalition leaders and the ministers for finance, public expenditure, and social protection. The plan will be signed-off by the Cabinet when it meets at…
Category Archives: News
Property markets worldwide are showing signs of slowing in response to higher interest rates with some going into reverse already. Here, the annual rate of growth in property prices nationally had slowed to just below 8% by the end of last year, the latest measure form the Central Statistics Office this week showed. In December…
Senior coalition figures will meet this evening to finalise plans on cost-of-living measures, with the final package due to be signed off by the full Cabinet tomorrow. It is expected that some temporary supports that were in place will have to be unwound. The three coalition party leaders will be joined by the Ministers for…
The number of uninsured private vehicles on Irish roads grew for the third year in a row, according to new research carried out by the Motor Insurers’ Bureau of Ireland. Last year the total number of private vehicles driving without insurance reached 187,803, an increase of 13,626 on 2021. The figures show that uninsured vehicles…
New figures from the Central Statistics Office show that the annual rate of inflation slowed to 7.8% in January from 8.2% in December. The CSO said that prices fell overall in the month by 0.8%. Core inflation, which strips out energy and food prices, stood at 5%. The traditional January sales saw the price of…
Almost one in five Irish firms experienced a cyber attack or data breach in 2022, according to a new survey. The study from professional services firm Aon shows that large companies with more than 250 employees are more at risk. According to the research, 35% of firms have provided cyber security training to employees which…
Work is set to continue across Government over the next few days on drawing up another round of measures to assist households to cope with the rising cost of living. Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe are finalising proposals that will go to Government party leaders before a final…
The rate of increase in residential property prices nationally continued to slow during the final month of last year, according to the latest data from the Central Statistics Office. In the year to the end of December, prices across the country rose by 7.8%, down from 8.5% in the twelve months to the end of…
The Coalition leaders and senior ministers will consider a new round of cost-of-living financial supports later today, ahead of a decisive Cabinet meeting on Tuesday. Taoiseach Leo Varadkar said last night that expectations need to be tempered against the financial limits set by last September’s Budget. Mr Varadkar re-iterated that this new package would be…
The value of Irish exports and imports hit a new record high last year, according to the Central Statistics Office, despite the challenging economic backdrop. Total exports reached €208 billion, up over €42 billion or 26% compared with the previous year. While total imports were worth €140 billion, an increase of €36 billion or 35%….