The News

Petrol and diesel prices rise in June, AA analysis shows

Fuel costs are continuing to rise, with both petrol and diesel recording increases in June. The latest analysis from the AA shows that petrol now costs an average of €1.77 per litre, up 1 cent since May. Diesel has risen to an average of €1.69 per litre, up 1 cent month-on-month. “While the changes are […]

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Widespread concerns among bank staff over AI – survey

There is widespread concern among staff in the financial services sector over the possible effects of artificial intelligence (AI), according to a new survey. The research was conducted by the Financial Services Union (FSU) and the think tank TASC. It shows that job displacement, lack of reskilling opportunities and bias in decision-making are among the […]

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ESRI downgrades house building and domestic growth forecasts

The Economic and Social Research Institute has downgraded its forecast for house building and growth in the domestic economy for this year. It is the second organisation to reduce its projections after the Central Bank reached a similar conclusion last week. The ESRI said it expected 33,000 homes to be built this year, which is […]

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One third of companies see gender pay gap reducing – CIPD

One third of reporting organisations see the gender pay gap reducing, according to research by the Chartered Institute of Personnel and Development (CIPD). The third and final cohort of organisations prepares for its first deadline later this year. The Gender Pay Gap Information Act 2021 requires organisations to report on their hourly gender pay gap […]

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Oil prices rise as investors assess Iran-Israel ceasefire

Oil prices climbed today as investors assessed the stability of a ceasefire between Iran and Israel, but held near multi-week lows on the prospect that crude oil flows would not be disrupted. Brent crude futures rose 85 cents, or 1.3%, to $67.99 a barrel at 0341 GMT, while US West Texas Intermediate (WTI) crude gained […]

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Less people saving, more worried about global recession

Less people are saving, and more are worried about the risk of a global recession, according to new research by Bank of Ireland. The Savings and Investment Index shows that the risk of a global recession is the biggest concern for Irish households, ahead of the cost of housing, rent and inflation. “The increase in […]

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How did Ireland become Europe’s second most expensive country?

Analysis: We’re near the top of this league table due to economic growth, rising demand, government policies and unique socio-geographic characteristics Ireland is the second most expensive country in Europe, a fact that probably doesn’t surprise many people living here. Only Denmark had a higher consumer price level, with the cost of Irish goods and […]

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