New figures from the Central Bank show that the average interest rate on new Irish mortgages at the end of August was 3.58%, down two basis points from July and down 53 basis points from the same time last year. This compares to the euro area average of 3.36%. At the end of August, Ireland […]

Gold raced past $4,000 an ounce for the first time today as investors piled into a historic rally in the safe-haven asset to hedge against global economic and geopolitical uncertainties, while also betting on US interest rate cuts. Spot gold was up 1.3% at $4,034.73 per ounce today, while US gold futures for December delivery […]

Some Budget measures announced in the Dáil yesterday came into effect at midnight. Yesterday evening, TDs voted to reduce the VAT rate on the sale of completed apartments to 9% from 13.5%. Also from midnight, around two-and-a-half cent has been added to the cost of a litre of petrol and diesel, while tobacco products have […]