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Bank of Ireland’s Economic Pulse came in at 89.5 in May – back above its pre-pandemic level – which bodes well for a pick-up in spending as public health restrictions are lifted. Bank of Ireland said it had revised upwards its GDP growth forecast for 2021 to 5.8% from 5% in February. The Economic Pulse…

The Registrar of Companies has extended the deadline for the filing of annual returns to 11 June. The Registrar said it has taken the decision to further extend the deadline, “in light of difficulties experienced by presenters in filing annual returns in the run up to the filing deadline.” The CRO said it is continuing…

Small firms’ body ISME has accused the Government of exposing employers to potential legal action by failing to give them “robust” guidance on handling situations where employees choose not to be vaccinated. In a letter to Tánaiste and Minister for Enterprise Trade and Employment Leo Varadkar, ISME Chief Executive Neil McDonnell acknowledges the “absolute” right…

A new survey has revealed that work-life balance is the number one well-being issue Irish employers are concerned about followed closely by mental health and burnout. The 2021 Global Well-being Survey was carried out on behalf of Aon by global market research company IPSOS. It found that 70% of employers in Ireland identified work-life balance…

The Government will begin to look at phasing out financial pandemic supports in the final three months of the year, the Tánaiste has told colleagues. Speaking at a meeting of the Fine Gael parliamentary party meeting tonight, Leo Varadkar indicated supports would remain in place throughout July, August and September. These months will be used…

Irish consumers do not plan to go wild on their holiday spending in 2021, a new survey from KBC Bank Ireland suggests. One in four plan to spend the same as in 2020 and while slightly more plan to spend more than to cut back (19% compared to 12%), the average outlay overall is likely…

European Union agriculture ministers said negotiators are close to a deal that aims to reform the bloc’s huge farming subsidy programme, protect small farms and bring agriculture in line with environmental goals. The EU’s Common Agricultural Policy (CAP) will spend €387 billion – around a third of the EU’s 2021-2027 budget – on payments to…

A new survey has found that four out of every five adults think the Government should introduce new measures to improve the supply of affordable housing here. The research, carried out by Behaviour and Attitudes on behalf of employers’ group Ibec, also found that a third of respondents would like to be able to buy…

The number of residential units submitted for planning permission fell by nearly a third in the first quarter of the year, according to a new report by Deloitte. The level of residential planning applications remained relatively stable at 77, but the level of applications granted dropped 26% year on year. The number of commencement notices…

The Central Bank of Ireland will begin a major review of its mortgage lending rules next month, the first since the measures were introduced in 2015. The review will consider the effectiveness of rules, whether they have achieved their aims and the evolution of the housing and mortgage markets since their inception. It comes amid…