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News
John FitzGerald: How can we get the measure of an Irish economy that defies conventional metrics?
11+ hour, 53+ min ago (586+ words) The State-owned Irish Shipping company had ordered a large bulk carrier, which was built in a shipyard in Glasgow. When it was finished in 1973, because of its size and its specialised function, on its maiden voyage it would not come…...
Engineering firms Jacobs and Aecom awarded €550m MetroLink contract
4+ day, 1+ hour ago (451+ words) A contract worth up to €550 million to oversee the construction of Dublin’s MetroLink rail line has been awarded to engineering and consultancy consortium Jacobs and Aecom. The 12-year “programme delivery partner” contract is the largest awarded to date in the…...
ECB rate hike will bring bad news for Irish mortgage holders
4+ day, 10+ hour ago (363+ words) It’s decision day from the European Central Bank on interest rates and there is likely to be a quarter point hike, which is expected to be passed on by the domestic banks to Irish borrowers. Conor Pope tees up the…...
Aughinish told government that Russian oligarch links were ‘challenging’ for plant
4+ day, 20+ hour ago (586+ words) Aughinish Alumina told the Irish government three years ago that the Ukraine war was creating a “challenging environment” for the Limerick plant because of the company’s links to sanctioned Russian oligarch Oleg Deripaska, documents show. Aughinish Alumina thanked the then…...
Dublin Airport reports record passenger numbers over ‘busiest summer season’
5+ day, 4+ hour ago (323+ words) Dublin Airport has said it enjoyed its “busiest ever summer period” with 11.3 million passengers travelling through. It said 3.8 million passengers used the airport in August, a 1 per cent increase on the same period last year. Every day in June, July…...
Cantor Fitzgerald Ireland shutters bond desk and IRFU plots Aviva Stadium hotel
5+ day, 10+ hour ago (354+ words) It wasn’t that long ago that Cantor Fitzgerald Ireland was the only local firm that was a primary dealer in Irish government bonds. But now it is closing its bond desk, Joe Brennan reports, in a notable move for the…...
Will Irelandâs new personal investment accounts make us wealthier? â The Irish Times
5+ day, 10+ hour ago (1777+ words) Is the promised new personal investment account going to make us any money? Not unless we can shake up our attitude to risk. With €175 billion languishing in cash deposits, earning little or no interest, excessive caution with money seems to…...
‘Tipping point’: Why are people giving up their health insurance?
6+ day, 3+ hour ago (639+ words) The news that the number of people paying for private health insurance has fallen for the first time in more than six years could indicate an affordability “tipping point” has been reached, a leading analyst in the field suggests. New…...
Why are Irish people saving so much?
6+ day, 10+ hour ago (1171+ words) Some good news for those who are intending to provide options under the new State personal investment account: Irish households are saving even more than was previously thought. That means there should be plenty of spare cash ready to be…...
Dip in numbers of consumers with health insurance, watchdog data reveals
6+ day, 11+ hour ago (404+ words) For the first time in more than six years the number of people with private health insurance has fallen marginally, quarterly data from the sector’s watchdog has shown. The Health Insurance Authority’s (HIA) latest quarterly bulletin said that while there…...