News

Revenue says no surcharge on returns filed this week

14th November 2019

Revenue has said that its online system ROS is back up and running after being offline for some time today. Revenue had earlier said in a statement that it was aware of further difficulties with the ROS system after it also experienced issues yesterday. “Revenue acknowledges the difficulties and frustration being experienced by taxpayers and agents who […]

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Macroeconomic Scoreboard shows just four breaches of EU thresholds – CSO

14th November 2019

Ireland has breached EU limits on four key tests of economic stability, new figures from the Central Statistics Office show.  The Macroeconomic Scorecard, compiled by the CSO, is part of a system introduced by the European Commission during the financial crisis to flag imbalances in member state economies.  The number of breaches is down from […]

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German economy dodges recession with 0.1% expansion in Q3

14th November 2019

The German economy escaped a recession in the third quarter as strong consumer spending helped output grow 0.1% quarter-on-quarter, defying expectations of a contraction, preliminary data showed today.  Gross domestic product in Europe’s largest economy expanded by 0.5% from July to September after a 0.3% expansion from April to June. This is according to seasonally adjusted […]

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German economy dodges recession with 0.1% expansion in Q3

14th November 2019

The German economy escaped a recession in the third quarter as strong consumer spending helped output grow 0.1% quarter-on-quarter, defying expectations of a contraction, preliminary data showed today.  Gross domestic product in Europe’s largest economy expanded by 0.5% from July to September after a 0.3% expansion from April to June. This is according to seasonally adjusted […]

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September housing commencements up 28% on last year

13th November 2019

The number of new homes which have commenced construction in September was 28% higher than in the same period last year. Figures published by the Department of Housing show that 26,106 Commencement Notices were recorded in September. The figure for the three Dublin local authorities was 8,714 (up 23%), while the Mid-East Region comprising counties Meath, […]

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Rent inflation slows to lowest level in six years

13th November 2019

The rate of rental inflation dropped to its lowest level in six years in the third quarter of this year, the latest  report from property website Daft.ie shows.   Daft said that the average rent across the country rose by 5.2% – the smallest increase since the second quarter of 2013.  However the average monthly […]

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UK economy grows at slowest annual rate since 2010 in Q3

12th November 2019

The UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing.  Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]

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AA research shows big jump in the cost of running a home

12th November 2019

The annual cost of owning and maintaining a family home has risen by over €1,000 a year, with the average homeowner now spending over €17,000 on their home.  This is according to the latest “Cost of Running a Home” analysis from AA Home Insurance. Research from the insurance intermediary has found that the cost of […]

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Construction activity declines at fastest pace since 2013

12th November 2019

Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. The index, which tracks changes in total construction activity, fell to […]

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Reduced oil demand pulled energy costs down in October

11th November 2019

Energy costs here fell by 4% in October, driven by weaker oil prices the latest Bord Gáis Energy Index has found. Oil fell by 3% over the period because of lower demand caused by the weakening global economy and despite the attack on Saudi oil infrastructure in the middle of September. Because oil makes up […]

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