The Economic and Social Research Institute has said there is a “clear need” for reform of rent controls. In its Quarterly Economic Commentary, the ESRI said the existing system causes frequent confusion regarding what increases landlords are permitted to implement. It said rents are not allowed to rise “in real terms” when account is taken […]
US President Donald Trump has said the US will be introducing tariffs on pharmaceuticals, specifically citing Ireland among the countries where many pharmaceutical products are made. Speaking in the Oval Office last night, Mr Trump said the tariffs on pharmaceuticals are aimed at bringing the pharmaceutical industry back to the US, claiming the US does […]
Thousands of Irish people who worked in the UK and paid the equivalent of our social insurance, could be entitled to access a British pension. More than 250,000 Irish people may be due to benefit from a significant pension boost, some of whom who have already applied could also be in a position to top […]
Just over half (3,404) of the 6,185 complaints made to the Financial Services and Pensions Ombudsman (FSPO) last year were about banking, with customer service and disputed transactions the main reasons for such complaints. Despite this, the 2024 FSPO Complaints Overview says the number of banking complaints was down by 12% on the previous year. […]
A new report from the Sustainable Energy Authority of Ireland (SEAI) estimates that Ireland’s energy transition will drive up to €19 billion per year of new business by 2030. It said Irish based companies have the potential to capture up to 42% of that amount. The report is being launched at the SEAI Energy Show […]
There is still room to lower European Central Bank interest rates further, and the 2.5% deposit rate could fall to 2% by the end of the summer, French central bank chief Francois Villeroy de Galhau told a German newspaper. The ECB has cut rates six times since last June but has given little guidance about […]
The Central Bank has published a new consumer protection code aimed at modernising the set of rules that businesses must abide by when dealing with consumers. The regulator said the code “reflects the way financial services are provided in a digital world”. It enhances consumer protections in areas such as digitalisation, mortgage switching, fraud and […]
Asking prices for homes nationally rose by an average of 3.7% during the first three months of 2025, according to the latest Daft.ie House Price Report. The study suggests the typical listed price across the country in the first quarter of the year was €346,048, which is 11.6% higher than the same time last year […]
The body which manages the electricity grid says demand is expected to grow by 45% from its 2023 level to 2034 and the peak requirement for power will rise by 24% over the same period. EirGrid says there will be a “challenging outlook” between this year and 2027 until new sources of power come on […]
The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said today, just days after another prominent policy dove made a similar argument. The ECB has cut interest rates six times since last June but provided few signals about its next move after the most recent reduction at […]
