Housing starts down 31% in September

The number of residential units which have commenced construction fell last month, according to the latest figures from the Department of Housing. In September, the Department received commencement notices for 2,211 units, down 31% on the 3,203 commencements notified the same month last year. 605 units were started in Dublin local authority areas and 1,219…

Cabinet to discuss longer opening hours for pubs and clubs

Plans to introduce longer opening hours for pubs and nightclubs will be discussed by the Cabinet this morning. Minister for Justice Helen McEntee is seeking Government approval to reform the country’s 200-year-old licensing system. Under the plan, pub opening hours would be standardised across the week giving them the option of opening from 10.30am to…

Euro zone October PMI adds to evidence bloc is heading for recession

The euro zone is likely entering a recession with business activity contracting at the fastest pace in nearly two years this month as the cost-of-living crisis keeps consumers cautious and saps demand. Factories have been particularly hard hit by energy price rises and due to supply chains still recovering from the coronavirus pandemic taking a…