Posts by splash

At KAAS, we know being a business owner can be stressful. When the buck stops with you, it can be easy to let the pressure mount up and to discount your own wellbeing. But taking care of your own mental health is equally as important as taking care of the business – research showed that 53%…

Speaking at a Banking Payments Federation Ireland conference, Micheal McGrath said genuine people should not be allowed to fall into arrears due to higher interest rates. Speaking at a Banking Payments Federation Ireland conference, Micheal McGrath said genuine people should not be allowed to fall into arrears due to higher interest rates. By Adam Maguire…

The Government is being urged to use October’s Budget to tackle energy poverty and break Ireland’s dependence on fossil fuels for home heating. A cross-section of social, environmental and voluntary organisations issued the call ahead of the National Economic Dialogue, which takes place in Dublin Castle today. The conference will see Government leaders, charities, trade…

Today on World Accreditation Day, the Irish National Accreditation Board (INAB) is calling on businesses to employ accredited services to test, inspect, verify or certify their products or services. When manufacturing a product, a business will hire a company to make sure their products or services meet the specified requirements set out in legislation or…

The Central Bank has published data showing customers with mortgages at credit-servicing firms face higher interest rates. The analysis shows that 90% of loans held by the so-called ‘non-bank’ sector that administers mortgages bought up by investment funds, have an interest rate of 6.5% or less. 20% of these loans had interest rates of 6%…

The annual rate of inflation slowed to 6.6% in May, compared to 7.2% in April, new figures from the Central Statistics Office show today. The rate of goods inflation has slowed to 2.9% while the price of services has risen to 9.5%. The pace of inflation across the economy is gradually slowing down but prices…

Construction activity contracted again in May, but only slightly, as demand improved. The latest BNP Paribas Real Estate (BNPRE) Ireland Construction index was still below the crucial 50 mark at 49.4, the eight consecutive month that activity fell. But there were further signs of recovery, with new orders, employment and buying activity improving on previous…

The euro area fell into a technical recession in the first quarter of this year, according to figures from Eurostat. However, across the EU as a whole, growth remained positive at 0.1% compared to the last three months of last year. Euro area GDP growth fell by 0.1% in the first three months of this…

New figures from the Central Statistics Office show that the Households Saving Rate fell to 14% in the first three months of 2023, down from 24% at the end of 2022. The CSO said the lower rate of saving in the first three months of the year marked a departure from the high rate that…