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Construction activity was flat for the second month in a row in August, according to the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland. The construction PMI showed a reading of 50 – the no-change mark – and which was broadly in line with the figure of 49.9 posted in July. The latest…

Irish employers are least likely to use artificial intelligence (AI) in the workplace, according to new global research. The survey of 79,000 businesses across Australia, Canada, Ireland, New Zealand, and the UK was conducted by HR firm The Peninsula Group. The research found that employers in Australia and New Zealand are the most likely to…

Wind Energy Ireland said that wind generation here hit the highest on record for the month of August. Its figures show that wind power generation in August totalled 1,068 gigawatt-hours (GWh), an increase of 3% when compared to the previous record set during the same month last year at 1,042 GWh. Wind Energy Ireland said…

The domestic economy grew by almost 2% in the first six months of this year, according to latest figures from the Central Statistics Office. Today’s CSO figures show that personal spending on good and services are continuing to grow and rose by 1.1% in the second quarter of 2024. Wages grew in the quarter by…

Fixed broadband subscriber lines increased to 1.67 milllion between April and June, up over 3% on the same time last year. The latest data from the Commission for Communications Regulation (ComReg) reveals that over 45% of these lines were fibre-to-the-premises (FTTP). This was up from 35% the same time last year. ComReg said FTTP is…

77% of companies expect to grow their business in the next five years by developing new products and services, research from Deloitte shows. The survey of 128 businesses involved in ‘Ireland’s Best Managed Companies’ programme reveals that 63% plan to increase their headcount, while 56% are planning mergers and acquisitions. Just 2% of the companies…

The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the last budget ahead of the general election. The Irish Fiscal Advisory Council has warned that ministers are “needlessly” adding pressure to the economy by repeatedly breaking a…

One in three companies are struggling to find staff with the right skills, new research shows. InterTradeIreland’s latest All-Island Business Monitor reveals that the business landscape across the island is mostly positive. 56% of the 750 companies surveyed said they are stable, while one third are growing. However, access to skilled labour is putting pressure…

New figures from the Department of Finance show that the amount of tax collected by the State in the first eight months of this year rose by 12.6% on the same time last year on the back of higher income tax, corporation tax, VAT and excise duty. The latest Exchequer figures from the Department of…

The State’s fiscal watchdog has issued a stark warning to the Government about its management of the public finances with less than a month to go before the last budget ahead of the general election. The Irish Fiscal Advisory Council (IFAC) has warned that ministers are “needlessly” adding pressure to the economy by repeatedly breaking…