The News

BIS warns world economy at critical juncture in inflation fight

The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in inflation. Despite the relentless rise in rates over the last 18 months, inflation in many top economies remains stubbornly high. […]

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Review of occupations on critical skills list

The Government has announced a review of the occupations eligible for employment permits under the Critical Skills Occupation List and Ineligible Occupations List. Employers and stakeholders are being urged to make a submission as part of the review process. “At a time of full employment, with over 2.6 million people at work in Ireland, it […]

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Euro zone business growth stalls in June – flash PMI

Manufacturing activity has been in decline since July Manufacturing activity has been in decline since July Euro zone business growth virtually stalled this month as the downturn in manufacturing deepened while activity in the bloc’s dominant services industry barely expanded, a survey showed today. HCOB’s flash Composite Purchasing Managers’ Index (PMI) for the bloc, compiled […]

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27% of consumers can’t afford a holiday this year

As the holiday season begins, 27% of consumers say they cannot afford a holiday this year, compared with 23% last year and 19% in 2021, according to the last Credit Union Consumer Price Index published today. Based on a survey of 1,000 people, it finds 30% of respondents planning a holiday say cost of living […]

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