Business News

This week the Central Statistics Office published the latest figures on wholesale electricity prices. These are the prices suppliers pay to acquire the energy themselves, not what they charge consumers. The figures showed that wholesale electricity prices fell by more than 16% in the year to September. Furthermore, the CSO said between August and September…

There has been a significant decline in confidence in the Irish economy among businesses operating in the ‘experience economy’, according to a new survey. The sentiment study, carried out by employers group Ibec, shows that 49% of businesses are now less confident about the economy, compared to 28% six months ago. Over 70 companies operating…

Bank of Ireland has revised upwards its forecast for growth for the economy. It comes after a similar move by Goodbody Stockbrokers earlier this week. Bank of Ireand predicts the domestic economy will expand by 3.4% this year and 2.6% in 2026. It estimates Gross Domestic Product, which includes impact of multinationals, will be 10.7%…

The number of mortgages drawn down during the third quarter of the year increased by 7.7% compared to the same time in 2024, new figures from Banking and Payments Federation Ireland show today. The value of those mortgages also increased, rising by 16.6% year-on-year. In its latest report, Banking and Payments Federation Ireland said a…

The number of new homes built in July, August and September of this year was 9,235, a rise of 4% on the same period last year, according to the Central Statistics Office. Apartments were up 3%, homes in estates increased by 1% and one-off houses rose by 15%. Over a third of completions, or 36%,…

New figures show that wind generation in Ireland was the highest on record for a September month. This is according to Wind Energy Ireland, which published its monthly wind energy report as Ireland’s Wind Energy Expo 2025 continues in the RDS in Dublin. Wind Energy Ireland said that wind energy provided 35% of the country’s…

Analysis: Gold and Bitcoin are fundamentally different in what gives them value, how that value goes up over time, and how resilient it is When people compare gold and bitcoin, they often treat them as two sides of the same coin: modern “digital gold” vs. ancient “metallic gold”, but this is a misleading parallel. Gold…

Almost one in four employers expect to increase hiring in 2026 according to research from hiring platform IrishJobs. Its Hiring Trends Update shows that large enterprises have the most positive outlook on future hiring, with 27% of these firms expected to increase recruitment over the coming months. The research gathered insights from 500 employers and…

Gold prices fell over 4% today, as the dollar firmed and investors booked profits after expectations of US interest rate cuts and sustained safe-haven demand drove the yellow metal to a fresh record high in the previous session. Spot gold fell 4.1% to a nearly one-week low at $4,178.23 per ounce, as of 1358 GMT,…

Almost two-thirds of HR professionals say their companies are not actively considering increasing onsite attendance in 2026, according to a new survey from business group Ibec. The HR Update Report shows that the hybrid model of three days on-site remains the dominant working arrangement, favoured by 31% of respondents. It is closely followed by full-time…