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Number of bankruptcies increase here – ISI

Number of bankruptcies increase here – ISI New figures published today show that so far this year, a total of 183 people were adjudicated bankrupt in Ireland. The figures from the Insolvency Service of Ireland show that 2,323 people were adjudicated bankrupt from January 2014 to December 2018. This compares to a total of 225 […]

‘Bankers are well paid’ – minister says salary cap will stay in place

‘Bankers are well paid’ – minister says salary cap will stay in place Restrictions on banker pay imposed in response to the financial crisis will not be changed, Junior Finance Minister Michael D’Arcy has said. “I’m of the view the decision is made,” Mr D’Arcy said in a Bloomberg TV interview in Hong Kong. “The […]

UK manufacturing output hits seven year low amid Brexit uncertainty

UK manufacturing output hits seven year low amid Brexit uncertainty UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. The IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) fell to 47.4 in August, down from a reading of 48 in July. […]

Unemployment rate dips to 5.2% in August – CSO

Unemployment rate dips to 5.2% in August – CSO The unemployment rate fell marginally in August, according to the latest figures from the Central Statistics Office. The latest monthly unemployment figures show unemployment at 5.2%, down from 5.3% in July. The CSO said there were 126,000 people unemployed last month, down 6,400 compared to August […]

Oil falls as US, China add more tariffs in trade war

Oil falls as US, China add more tariffs in trade war Oil prices weakened this morning after new tariffs imposed by the US and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude slipped 22 cents, or 0.4%, to $59.03 a barrel this morning, while […]

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