Euro zone business growth halts as Germany goes into reverse
Euro zone business growth halts as Germany goes into reverse Euro zone business growth stalled this month, dragged down by shrinking activity in powerhouse Germany, where a manufacturing recession deepened unexpectedly. Today’s downbeat survey results come less than two weeks after the European Central Bank pledged indefinite stimulus to revive the 19-country currency bloc’s ailing […]
Central Bank warns on Brexit and corporation tax ‘shock’
Central Bank warns on Brexit and corporation tax ‘shock’ The Central Bank has warned that a disorderly Brexit and a reduction in the amount of corporation tax collected by the Exchequer could deliver a negative shock to the public finances. In an Economic Letter published today, the Central Bank has forecast that the national debt […]
Some jobs and businesses may not be saved in event of no-deal Brexit – Taoiseach
Some jobs and businesses may not be saved in event of no-deal Brexit – Taoiseach The Taoiseach has warned that some jobs and some businesses may not be saved in the event of a no-deal Brexit at the end of next month. Leo Varadkar also told the Dáil that there “hasn’t been an enormous take-up […]
‘Palpable’ risk of no-deal Brexit remains – Juncker
‘Palpable’ risk of no-deal Brexit remains – Juncker European Commission President Jean-Claude Juncker said there was a “palpable” risk of a no-deal Brexit and progress on replacing the backstop could not be made to reach a deal until the UK submitted written proposals. Speaking at the European Parliament, he said “the risk of a no-deal […]
UK car imports spend races 181% higher in summer months – Fexco
UK car imports spend races 181% higher in summer months – Fexco New figures show that Irish motorists increased their spending on cars imported from the UK by 181% in July and August compared to the same two months in 2018. The figures show that the country’s car import boom is picking up speed as […]