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Last year
2022
Passengers who missed flights due to Dublin Airport chaos have 'no automatic right to redress'
Dublin Airport Authority may also face financial penalties, according to regulators.
Construction costs surge again in April as inflation continues to pump up wholesale prices
Structural steel and fabricated metal prices were up 42% and 38.5% respectively over 12 months.
Exiting Ulster Bank gives customers six-month 'deadline' to repay their overdrafts
But bank officials said the lender will remain flexible and urged customers having difficulties to come forward immediately.
Department to explore 'substantial' revisions to remote working bill after criticism
The draft bill has gone down like a “lead balloon” with workers, said Sinn Féin’s Louise O’Reilly.
Buy-now-pay-later firms offering 'indirect credit' must now be authorised by the Central Bank
The regulator has also placed an interest rate cap of 23% APR on all consumer credit agreements.
Ryanair lost €355 million last year amid 'fragile' recovery in air travel from the pandemic
The low-cost airline said it hopes to return to profitability in the current financial year,
Elon Musk 'still committed' to $44 billion Twitter takeover despite putting deal 'on hold'
The Tesla chief executive tweeted the news this morning.
Despite prices falling at the pump, annual Irish consumer price inflation hit 7% in April — a 22-year high
Consumer price inflation has now been rising at an annual pace of 5% or more since October 2022.
Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal
The investigation will determine whether the proposed acquisition could lead to a substantial lessening of competition in the State.
After Moscow follows through on gas cut threat, 'all bets are off' on Europe's Russian supply
Ireland imports no gas directly from Russia but a loss of supply to Europe could push up prices globally.
Russia may have 'crossed the Rubicon' by halting gas flows to Poland and Bulgaria this week, experts say.
The move by Gazprom throws into question assumptions about Russia's unwillingness to retaliate using its energy exports.
Ireland imports no gas directly from Russia but a loss of Russian supply to Europe could further push up global prices.
Flurry of announcements caps off noteworthy week for Irish banks and their customers
Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.
Question marks hang over Elon Musk's plans after $44 billion Twitter takeover deal
What has Musk said about his vision for the social media platform and what do experts think is actually going to happen?
City centre businesses vote to retain DublinTown organisation for another five years
Out of 2,500 eligible businesses, just over 1,200 took part in the plebiscite on the future of the scheme.
The Twittering classes: Elon Musk's $43 billion bid and Twitter's 'poison pill'
Twitter co-founder and board member Jack Dorsey has signalled his unhappiness with the board’s handling of the situation.
Is your bank exiting the market? Take action soon, experts say. Here's what you need to know
A report by
Ian Curran
Ulster Bank and KBC Bank are in the process of winding down their Irish operations as announced last year.
Ulster Bank and KBC Bank are in the process of winding down their Irish operations as announced last year.
Concerns have been raised in recent months about the scale of the logistical challenges involved.
Consumer experts say customers have time to sort out new arrangements but they should "take action" soon.
Boston Scientific to pump €100 million into Galway facility, adding 300 jobs
Opened in 2019, the facility is the firm’s second in Galway City where it has had a presence since 1994.
Ulster Bank gives current and deposit account customers six months' notice to switch providers
Separately, KBC Bank announced yesterday that from June, customers will get 90 days’ notice to move their accounts.
Raise social welfare rates to shield struggling households from spiralling inflation, experts say
A report by
Ian Curran
The Government is set to unveil a new cost of living package this week.
Current social welfare rates were set last year when inflation was expected to peak at 4.5% annually.
But with prices on the march, household earnings are now expected to fall in real terms in 2022 for the first time since 2013.
Economists say raising core social welfare raise on a temporary basis could be the best way of protecting low-income households.
Cost of living anxieties mount as inflation accelerates to 6.7% in March
It represents the largest annual change in prices since November 2000.
Brittany Ferries to operate 'huge' tourist-oriented vessel on Rosslare to Bilbao route
Unveiled in February 2020, originally as a freight route, the link from Wexford to the Basque city has proved popular.
Tax receipts climbed in the first three months of 2022 but figures are 'flattered' by Covid
Tax revenues were up over 30% compared with the same period last year when strict public health measures were in place.
'Real' incomes to fall for first time since 2013 with inflation outpacing wage growth
The war is expected to “weigh” on trade and overall growth while fueling “strong” energy price inflation, the Central Bank said,
Irish food giant Kerry Group to suspend operations in Russia and Belarus
The company, which employs 250 people in Russia and Belarus, said it is “horrified” by the humanitarian crisis in Ukraine.
Irish grocery prices have increased at their fastest pace this year in nearly a decade
To “mitigate supply chain pressure”, supermarkets are running fewer promotions, Kantar said.
Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'
A report by
Ian Curran
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be “the perfect storm” for the remaining banks.
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be "the perfect storm" for the remaining banks.
Over one million customers will have to choose a new provider and switch over their current accounts.
But the Financial Services Union believes significant customer service issues are likely to arise, Ian Curran reports.
Is your bank exiting the market? Take action soon, experts say. Here's what you need to know
Explainer: Why is Vladimir Putin demanding that Europe pays for Russian gas in roubles?
Germany has warned its citizens that gas rationing could be implemented if Russian flows are interrupted.
Land Development Agency lodges plans for close to 1,000 homes on Central Mental Hospital site
The project consists of 940 apartments, 17 duplexes and 20 houses.
'More natural gas does not mean more energy security for Ireland,' Dáil committee hears
The Government is facing calls to back the development of a commercial LNG import terminal in North Kerry.
Ulster Bank to write to customers, giving them six months to close current and deposit accounts
It’s part of the NatWest-owned bank’s phased withdrawal from the market in the Republic of Ireland, announced in February 2021.
Ireland's inflation shock explained: The factors driving up prices here and across the globe
A report by
Ian Curran
“What we have at present is pretty much all being driven by international factors.”
"What we have at present is pretty much all being driven by international factors," one economist said.
Issues around energy, food and fertiliser supplies have all reared their heads as a consequence of the war in Ukraine.
Consumer sentiment has dipped amid rising prices, raising some concern about Ireland's economic prospects this year.
Energia: Average electricity and gas bills to increase by 15% from next month
Disposable incomes to fall for the first time since 2012 amid rampant inflation, economists say
Irish arm of large US financial firm fined €10.78 million over 'serious systemic' breaches
BNY Mellon Fund Services also provided “inaccurate and misleading information” to the Central Bank.
Petrol prices: Consumer watchdog receives almost 200 complaints in two weeks
The CCPC has urged anyone with information about cartel behaviour and collusion to come forward as a whistleblower.
Disposable incomes to fall for the first time since 2012 amid rampant inflation, economists say
The combined impact of higher prices and greater uncertainty in global trade from the war in Ukraine is likely to weaken Irish growth this year.
Lower-income customers face 'real difficulty' from rising energy bills, says regulator
The chair of the Commission for the Regulation of Utilities said it is exploring every option.
Taoiseach says fuel price gouging 'morally reprehensible' as watchdog receives 25 more complaints
It comes after allegations of price gouging by service station chains were aired in Dáil Éireann yesterday.
Billionaire Russian owner of Co Limerick aluminium plant named on UK sanctions list
Auginish Alumina employs 450 people in the Askeaton area of Co Limerick.
'Panic buying will only make the situation worse,' say Ireland's oil and fuel suppliers
Oil suppliers are limiting the amount they are selling to high volume customers.
Nervous times for Irish households and businesses as supply anxieties roll through markets
Market ructions, gas rationing and 1970s-style inflation fears hit the headlines.
Ireland 'engaging' with EU on proposal to ban Russian ships from docking at European ports
Russian trade is facing severe disruption as a consequence of sanctions announced this week.
Explainer: How reliant is Ireland on Russian energy - and why are gas and oil prices rising?
“When it comes to a global energy shortage, the implications are far more devastating in developing countries,” one economist said.