First-time buyers are facing stiff competition from housing associations, investment firms and State bodies when trying to buy homes, a new report says. Known as non-household buyers, they now make up 22pc of purchases for newly built homes, up from 7pc in 2010. The latest housing monitor from the Irish Banking and Payments Federation says […]

The European Central Bank pushed out the timing of its first post-crisis rate hike until 2020 at the earliest and offered banks new rounds of multi-year loans in a bid to revive the currency bloc’s slowing economy, it said on Thursday. The bolder-than-expected move showed ECB was having to revisit plans to dial back its […]

More women are holding senior management roles in Ireland but, while gender balance at the top level is still a way off, the strategy to address the issue must not be rushed according to the head of Grant Thornton in Ireland. Grant Thornton International’s latest Women in Business report ranks Ireland eighth out of 35 […]

The number of mortgages approved by banks here fell by 3.4% in the year to the end of January, new figures show. The drop came despite a modest monthly increase in the volume of home loans given the green light during the first month of the year. In total, the Banking and Payment Federation Ireland […]

An organisation representing those involved in sales of duty free here has warned Government changes to draft laws designed to prepare the country for a no-deal Brexit will prevent the sale of such products at Irish airports. Expressing its concern about the amendments to the bill, the Irish Duty Free Alliance (IDFA) said the changes […]