Business News

Retailers affected by the pandemic negotiate rental discounts of up to 20pc

1st March 2021

Retailers are negotiating rental discounts of up to 20pc in many cases, as they continue to be affected by Covid-19 restrictions. More substantial discounts are being achieved by shops negotiating new lettings in certain locations, according to agents CBRE in its latest bimonthly market report. “This is creating opportunities for those retailers that are in […]

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Major reset of EU-UK relations being considered by EU

26th February 2021

Senior EU figures are contemplating a major reset in relations with the UK that would coincide with the formal ratification of the free trade agreement at the end of April, RTÉ News has learned. The idea would be for both sides to work towards a package of solutions around the outstanding issues of the Northern […]

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Major reset of EU-UK relations being considered by EU

26th February 2021

Senior EU figures are contemplating a major reset in relations with the UK that would coincide with the formal ratification of the free trade agreement at the end of April, RTÉ News has learned. The idea would be for both sides to work towards a package of solutions around the outstanding issues of the Northern […]

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Mortgage approvals fell 16% in January

26th February 2021

The number of mortgages approved in January fell by 16% compared to the previous month, according to figures published by the Banking & Payments Federation Ireland. A total of 3,355 mortgages were approved last month, a decline on the December figure, but a 2.8% increase on the same period last year. Breakdown of approvals Approvals […]

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Mortgage approvals fell 16% in January

26th February 2021

The number of mortgages approved in January fell by 16% compared to the previous month, according to figures published by the Banking & Payments Federation Ireland. A total of 3,355 mortgages were approved last month, a decline on the December figure, but a 2.8% increase on the same period last year. Breakdown of approvals Approvals […]

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Youth unemployment worsening, according to CSO figures

26th February 2021

Today’s Labour Force Survey figures confirm that the crisis in youth unemployment is worsening.   The number of people aged 15-24 in employment fell from 264,000 at the end of the fourth quarter of 2019, to 226,600 at the end of 2020 – a decrease of over 14%. CSO statistician Jim Dalton said this was […]

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Youth unemployment worsening, according to CSO figures

26th February 2021

Today’s Labour Force Survey figures confirm that the crisis in youth unemployment is worsening.   The number of people aged 15-24 in employment fell from 264,000 at the end of the fourth quarter of 2019, to 226,600 at the end of 2020 – a decrease of over 14%. CSO statistician Jim Dalton said this was […]

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Key actions needed to reduce insurance costs – NCC

25th February 2021

The National Competitiveness Council (NCC) has said key actions must be taken to reduce costs in the Irish liability insurance market, including bringing personal injury award levels in line with other jurisdictions. The council also said that steps must be taken to ensure consistency in award levels and reduce settlement costs, if prices are to […]

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Commercial property vacancy rate rises to 13.5%

25th February 2021

13.5% of commercial properties listed across the country were vacant in the final quarter of last year, according to figures published by GeoDirectory and EY-DKM. The number of vacant properties increased marginally by 0.2% in the fourth quarter, with 28,572 units unoccupied last December.  The findings of the report suggest that it is too soon to determine the […]

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Commercial property vacancy rate rises to 13.5%

25th February 2021

13.5% of commercial properties listed across the country were vacant in the final quarter of last year, according to figures published by GeoDirectory and EY-DKM. The number of vacant properties increased marginally by 0.2% in the fourth quarter, with 28,572 units unoccupied last December.  The findings of the report suggest that it is too soon to determine the […]

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