Irish construction activity continued to fall last month, according to AIB’s latest Construction Purchasing Managers Index. The headline seasonally adjusted figure fell to 45.9 in August, down from 47.1 in July, as firms signalled a renewed reduction in new business activity. It is the fourth successive month where the Construction Total Activity Index was below
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Mortgage free at last? How to store your house deeds
Becoming mortgage free is a huge achievement, but it also comes with new responsibilities – including deciding where to keep your house deeds. These important documents prove your legal ownership, and with some solicitors no longer offering storage services, homeowners are often left to figure out the next steps on their own. We’ve been taking
Read More...Banks in joint plan to launch in-app instant payment service
AIB, Bank of Ireland, and PTSB have announced joint plans to launch a person-to-person mobile-payment service to rival fintech banks such as Revolut and N26. The new offering, called Zippay, will be an in-app service available through the banks’ existing mobile banking apps. Customers will be able to send, request, and split payments instantly by
Read More...Call for Govt to tackle cost of doing business in Budget
The Small Firms Association (SFA) has called on the Government to introduce measures in the Budget to tackle the cost of doing business such as high labour costs. The SFA has also renewed its call to for the introduction of a temporary PRSI rebate when Budget 2026 is announced next month. The measure is among
Read More...Government to set out measures to tackle costs on businesses, Taoiseach says
The Taoiseach has said the Government will set out further ways next week “to reduce the cost and regulatory burden on businesses”. Micheál Martin said the measures will form part of “a coordinated series of actions across Government” as part of an action plan on competitiveness and productivity. He said there will also be actions
Read More...Interest paid on Ireland’s borrowings to rise in coming years – report
The amount the State pays in interest on the country’s borrowings is going to rise in the coming years, a new report from the Department of Finance has warned. The Annual Report on Public Debt says that Ireland owed €218 billion at the end of last year. It amounts to €40,500 per person, which the
Read More...EU defence spending sparks boost for Irish tech products
Several Irish tech companies are reporting more interest in their products since Europe’s move to boost defence spending. Spurred by the war in Ukraine and a US push for its allies to take greater responsibility for defending their countries, many European nations announced new defence spending targets and initiatives this year. Limerick start-up Provizio, a
Read More...Google must pay $425m in class action over privacy, jury rules
A federal jury has determined that Alphabet’s Google must pay $425m for invading users’ privacy by continuing to collect data for millions of users who had switched off a tracking feature in their Google account. The verdict comes after a trial in the federal court in San Francisco over allegations that Google over an eight-year
Read More...Tax collected by State so far this year up 7.3% on 2024
Taxes collected by the State so far this year are 7.3% up on 2024, leaving the Government in a strong position ahead of next month’s Budget. When one-off payments of back taxes from iPhone-maker Apple are excluded, revenue rose 4.4%. The latest set of Exchequer Returns for the month of August show income tax collected
Read More...Trump says US may ‘unwind’ EU trade deal if it loses tariff court case
US President Donald Trump has said the US might have to “unwind” trade deals it reached with the European Union, Japan and South Korea, among others, if it loses a Supreme Court tariffs case, and warned that a loss would cause the US “to suffer so greatly”. Mr Trump, speaking to reporters at the White
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