News
Nearly half of employers reducing hiring in entry level roles
7+ hour, 37+ min ago (523+ words) Country director of The Stepstone Group Ireland with responsibility for Irish Jobs Christopher Paye said the report shows that despite 'ongoing economic uncertainty, Ireland's labour market remains fundamentally resilient'. File picture Despite economic uncertainty, nearly half of employers plan on…...
Cork pubs changing hands in multimillion-euro deals despite warnings over industry strain
2+ day, 16+ hour ago (1189+ words) In April, Cork's Brick Lane bar on South Main Street - just across the road from the premises of VFI president Michael O'Donovan's Castle Inn - closed its doors after 11 years trading. There are two very different tales to be told about…...
Nick Charalambous: Is your mortgage ready for what's coming?
4+ day, 10+ hour ago (846+ words) Understanding your own household budget clearly allows you to make better decisions. File picture For more than a decade, Irish homeowners benefited from unusually low interest rates. Mortgage repayments were affordable, and the idea that borrowing costs could rise significantly…...
Inflation hits 3. 7% as pressure on energy supply drives prices up
4+ day, 15+ hour ago (341+ words) Inflation continues to rise, hitting 3. 7% last month, the Consumer Price Index published on Thursday said, with pressure of fuel supplies pushing prices higher. The Consumer Price Index of 3. 7% between April 2025 and April 2026, higher than the 3. 6% recorded in the 12 months to…...
Inflation could top 7% if Iran crisis deepens
4+ day, 20+ hour ago (387+ words) Ireland's inflation rate could surpass 7% this year in a worst-case scenario if the oil crisis sparked by the war in the Middle East continues into the second half of 2026, a new report warns. Irish grocery price inflation had stood at…...
Middle East conflict forces contraction in Irish construction sector
1+ week, 11+ hour ago (477+ words) Where activity fell, companies linked it to projects being put on hold due to uncertainty caused by the war in the Middle East, in addition to sharply rising prices. Picture: Larry Cummins Growing uncertainty arising from the ongoing conflict in…...
VFI chief says closures increasing as costs leaving rural pubs in crisis
1+ week, 5+ hour ago (477+ words) Over 300 publicans attended the Vintners" Federation of Ireland AGM in Mount Wolseley, Carlow, this week, voicing their concerns for the trade. Picture: Conor Mc Cabe The chief executive of the Vintners" Federation of Ireland (VFI) Pat Crotty has called for…...
David Mc Namara: Eurozone economy suffers more than US in enduring Iran conflict
1+ week, 18+ hour ago (215+ words) As further hard data trickles out amid the ongoing Iran conflict, it appears the European economy is suffering most from the impact, outside of the immediate Middle East region. Economic surprise indices point to a sharply diverging trend in the…...
Unemployment rate fell slightly last month, says CSO
1+ week, 4+ day ago (232+ words) There were 140, 300 out of work in Ireland last month, according to the Central Statistics Office, with the unemployment rate falling slightly from March. In April, the seasonally adjusted unemployment rate was 4. 8%, down 5, 900 from the rate of 5. 0% in March 2026. On an…...
Restaurants and DIY stores fuel spending as monthly card payments up over 15% in March
1+ week, 5+ day ago (428+ words) St. Patrick's Day Parade in Limerick 2026" A surge in expenditure on restaurants and DIY led to card spending in March rising by almost 16% compared to the previous month. New figures released by the Central Bank on Wednesday show that the…...