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Bussiness

Irish employees enjoy a 5pc earnings boost

They show that in the second quarter of this year, average weekly earnings were €963.17, up from €911.74 in the same period last year,...
Bussiness

Experts warn of two-tier mortgage market as thousands of homeowners to be hit with hikes

Experts said this means a two-tier mortgage market has now developed in this country.People who took out home loans with the non-bank lenders are...
Bussiness

Philip Lane warns inflation not beaten yet as ECB prepares to cut rates

Bank’s chief economist strikes note of caution as eurozone unemployment rises and consumer sentiment dips“The return to target is not yet secure,” Mr Lane...
Bussiness

ECB eyes meeting next month to review stance on interest rates

“The September meeting was widely seen (by ECB board members) as a good time to re-evaluate the level of monetary-policy restriction,” according to the...
Bussiness

Bank of Ireland books a €1.1bn profit in the first six months of the year

This triggered its first interim dividends since before the banking crisis, as it plans to pay out €352m, or 35c per share. It has...
Bussiness

Prospect of rate cut highly unlikely as ECB meets in Frankfurt

The bank is expected to hold rates steady at its scheduled July meeting, the last before the long European break.Market watchers have largely written...
Bussiness

ECB cool on further rate cuts as inflation rate remains stubborn

Regulator wants to ensure rising costs are under control before actingInflation in the 20-nation eurozone crept lower to 2.5pc in June, but remained stuck...
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