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Fall in mortgage approvals but market shows resilience

The number of new mortgage approvals in May was nearly 62% lower than the same month last year. According to ...
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Hotel occupancy rates set to fall from 2019 high of 73% to 32%

A survey of hoteliers has found that average national occupancy levels are set to dramatically fall from the highs of ...
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Unions warn of fallout from wage legislation ruling

A trade union has warned employers of an “industrial war” if they try to renege on pay and pension agreements ...
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Economic growth averaged 5.2% every year between 2013 and 2018 – CSO

Growth in the Irish economy averaged 5.2% per annum from 2013 to 2018, according to an analysis of new CSO data. ...
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Consumer sentiment improves for second month after Covid-19 collapse

Consumer sentiment improved in June for the second month in a row, but remains well below levels recorded before the ...
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Ibec calls for end to travel restrictions

Employers’ group Ibec has called for Ireland’s international travel restrictions to be ended and for testing and tracing to be ...
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IMF lowers 2020 growth forecasts again amid Covid-19 crisis

The International Monetary Fund has further lowered its forecasts for global economic growth this year.   In its World Economic Outlook ...
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Global trade to shrink 18.5% in Q2, defying worst fears – WTO

Global trade is expected to drop around 18.5% year-on-year in the second quarter of 2020 in a huge coronavirus-driven plunge ...
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Consumers spent €600 million using contactless payments in May

The impact of Covid-19 on how consumers are spending is recorded in the latest figures from the banking sector. In ...
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