Archive for July 2025

The Government is due to announce the details of a flagship plan to build infrastructure over the next five years, which will include €40 billion for housing including water services. The revised National Development Plan will contain €100bn funding for housing, energy, water and transport projects from 2026 to 2030. Around €30bn of that figure…

One-in-four businesses in Ireland have yet to take any action to prepare for the introduction of pension auto-enrolment ahead of its launch on 1 January 2026, according to a new survey. The research from professional services firm Aon found that only 7% of organisations have fully updated their internal systems and legal documents ahead of…

The Government is finalising a major investment plan to inject up to €30 billion of additional funding into Ireland’s infrastructure between 2026 and 2030. Coalition leaders and senior ministers met last night to agree the final details of the revised National Development Plan that will take expected overall investment in the State’s infrastructure over the…

Bitcoin hit new all-time highs of $123,000 before pulling back during a big policy week in the US for cryptocurrency. In an unprecedented move, US lawmakers set aside a week for cryptocurrency, advancing a trio of landmark bills aimed at regulating stablecoins, clarifying digital asset oversight, and blocking a central bank digital currency. Dubbed Crypto…

Coalition leaders and senior ministers will meet this morning to sign off on the €100bn revised National Development Plan. The blueprint for infrastructure spending will be announced tomorrow along with the Summer Economic Statement. Housing, transport, energy and water services will be funded from the new National Development Plan. Minister for Public Expenditure Jack Chambers…

The number of properties that were available to rent within the discretionary rate of the Housing Assistance Payment (HAP) scheme last month fell to 32. It is a decrease of nine properties (-22%) since March, according to the latest Simon Communities quarterly Locked Out of the Market report. Over three dates last month, 16 areas…

Exports of medical and pharmaceutical products jumped by almost 74% in May to €13.7 billion when compared with the same month last year, according to the latest figures from the Central Statistics Office. The CSO says medical and pharmaceutical products accounted for over half (58.7%) of all goods exported in May, with the total value…

Next week the Government will publish a review of its National Development Plan, which adds €20bn to spending. David Murphy explains why is it crucial to dealing with the housing crisis. What is the National Development Plan? The National Development Plan is the Government’s scheme to build infrastructure such as roads, rail, electricity connections and…

British annual wage growth, excluding bonuses, was slightly higher than expected at 5% in the three months to May, official figures showed today while a sharp drop in employee numbers was much less drastic than first reported. Overall, the figures suggest Britain’s labour market is cooling, but perhaps less rapidly than the Bank of England…

Bank of Ireland has revised upwards its economic forecasts for the year, if US tariffs remain at 10%. It predicts GDP growth of 8.5%, higher that the 3.5% growth previously forecast. The bank says modified domestic demand will grow to 2.9% (previously 2.8%) and employment will grow to 2.6% (1.8%) in 2025. There is one…