Economy

Airport staff members who work for DAA, previously known as Dublin Airport Authority will see their salaries fall by 60% three-day week from September 26. Chief Executive of DAA, Dalton Philips warned that such a situation could arise…

According to Freedom of Information (FOI) figures, HSE's spending on agency staff increased by €15.5 million this year compared to the previous year. The bill for the first seven months of 2019 was just under €200 million. But over the…

For the first time since last June, the brent crude oil price faces a downfall of 6%, which means that it is now having $40 a barrel. The 6% decline is evident with both the Brent and West Texas Intermediate. The price fall is evident…

The repayment of loans and rents is about to start in the coming weeks. Home owners and other borrowers now has to find long term remedial solutions for this. Payment breaks were given to around 86,000 mortgage accounts since mid of…

As Irish businesses respond to Covid's repercussions, the Irish Government has launched a new assistance program to provide low - interest loans. Regarded as the largest state-backed loan guarantee in Ireland ever, the scheme will…

Sterling dropped to a 12-day low against the US dollar and euro. The Brexit talks were in a new crisis after Britain threatened to weaken the European Union's divorce deal. The pound fall one per cent at $1.3145, its lowest level since…

Cork Airport Management has warned that thousands of Irish tourism jobs could be in jeopardy if the government does not adopt new aviation and travel policies within the next eight weeks. The impact of Covid-19 is believed to lead to…

AIB has extended the facility to make free contactless payments for the current account customers. Though AIB had decided to charge one cent per transactions, owing to the present Covid-19 situation they repealed the decision. Jim…

Tourism is one of Ireland's most significant economic industries, and one of the largest contributors to the Irish economy. Each year about €5bn in revenue is produced from economic activities directly related to tourism, accounting for…

Taoiseach Micheal Martin told last day that hospitality sector was the worst hit when Covid-19 affected all sectors of the country. Following this, the government yesterday had announced a new scheme called Stay and Spend to help the…