Economist Ronan Lyons: the current supply shortage was primarily a function of high construction costs

Ronan Lyons says tax relief for those struggle to buy property will only increase prices

Belfast Odyssey: the North’s Minister for Finance Máirtín Ó Muilleoir waxed lyrical about the Republic’s ability to attract foreign investment and said  Northern Ireland faced a challenge in catching up

North’s Minister for Finance heralds work of IDA, EI, Bord Bia and Tourism Ireland

Lorcan Sirr from the Dublin Institute of Technology (DIT) said while 12,666 new homes were completed last year the State’s housing stock, as measured by the Central Statistics Office, only increased by 6,282. Photograph: Alan Betson/The Irish Times

DIT lecturer Lorcan Sirr reveals alarming anomalies in official housing statistics

Federal Reserve chairwoman  Janet Yellen holds a news conference following the two-day Federal Open Market Committee meeting in Washington. Photograph: Reuters

US Federal Reserve keep rates unchanged after two-day policy meeting

The new index, which will now be the standard monthly indicator of price trends, reveals Ireland’s property crash was more severe than previously estimated with the peak to trough fall put at 54.4 per cent, and not 50.9 per cent.

Analysis: revamped dataset from CSO provides clearest picture of regional price trends

The CSO’s latest monthly figures show that residential property prices across the State rose 6.7 per cent in the year to July

CSO’s figures reveal first-time buyers have been squeezed out of market since 2010

A newsagent in Kinsale, Co Cork where house prices are now rising faster than anywhere else in the State, up 40 per cent in the last 12 months. Photograph: Alan Betson/The Irish Times

New CSO figures reveal which areas are doing best and worst in the property market

Over the next three or four years house prices are likely to be on average 3.5 per cent lower than where they would have been without the Central Bank mortgage rules, an ESRI report forecasts

Body predicts a fall in house prices, reduced profits in construction and fewer units completed

David Duffy: significant pace of economic growth experienced by the Irish economy argues for a neutral fiscal stance in the October budget. Photograph: Alan Betson

Economic think tank issues warning as Government gears up for budget giveaway

Minister for Finance Michael Noonan: said he believed eliminating VAT on condoms would not have a significant impact on sexual behaviour. Photograph: Eric Luke

Minister says he does not believe abolishing VAT would affect sexual behaviour

Minister for Finance Michael Noonan  addresses the Oireachtas Committee on Budgetary Oversight

Minister for Finance says removal of charge has broad support among parties

At a salary level of €75,000, taxpayers here are paying rates close to those in France and more than €4,500 more tax than their peers in the UK. Photograph: Tobias Kaltenbach/Getty Images/iStockphoto

Many Irish workers paying more tax than their European peers, institute’s report finds

A worker on €25,000 earns almost 1.4 times the salary of a person on €18,000 but pays 5.6 times the tax, according to the Irish Tax Institute. Photograph: Chris Ratcliffe/Bloomberg

Analysis: Tax institute says personal tax code is uncompetitive as it is too progressive

IFA President Joe Healy:  “Access to high-speed broadband is critical for farm families in running their farm businesses.” Photograph: Finbarr O’Rourke

Farmers’ group announces strategic tie-up to bring high-speed broadband to rural areas

“It started with ploughing. It’s grown beyond our expectations. We have no intention of growing the event larger than it is today,” says Anna May McHugh, managing director of the National Ploughing Championships. Photograph: Eric Luke/The Irish Times

With 300,000 people, the event in Tullamore is now six times bigger than Electric Picnic

Grid Finance team members Gary Grimes, Andrea Linehan and Derek Butler with Gavin Duffy from ‘Dragons’ Den’.

Start-up matches small business with investors looking to back community projects

  Independent TD Mick Wallace  . Photograph: Eric Luke / The Irish Times

State agency accuses Wallace of false claim about Project Eagle underbidder

 Tom Shiels, general manager of Fyffes   and David McCann chief executive

Fruit distributor says proceeds will be used to bolster balance sheet

The recall is a costly setback for Samsung, which was counting on Galaxy Note 7 to bolster sales as rivals such as Apple launch new devices. Photograph: Kirill Kudryavtsev/AFP/Getty Images

Samsung gets 92 reports of batteries overheating in US, including 26 reports of burns

 IFA President Joe Healy and IFA Livestock chairman Angus Woods were among livestock farmers attend protest at the Aldi supermarket in Tullamore  .Photograph: Finbarr O’Rourke

IFA claims retailers and processors are short-changing farmers and misleading consumers

Net exports, the main engine of Ireland’s small, trade-oriented economy, contracted by a 31.4 per cent, one of the biggest quarterly reversals on record.

CSO coins euphemism for last year’s anomaly as new figures show cause for concern

The latest quarterly national accounts, published this morning by the Central Statistics Office, put the economy back on a more normal growth trajectory following recent revisions

Economic growth returns to normal trajectory following controversy over 26% revision

Economist Seamus Coffey says the anomaly in gross domestic product  is likely to impact the upcoming budget arithmetic. Photograph:  David Sleator

Fiscal advisory council members address committee on budgetary oversight

Planning permission figures suggest the number of new builds will continue to lag the Government’s target of 25,000 for some time. Photograph: Gareth Fuller/PA Wire

CSO figures show planning was granted for 3,141 homes in second quarter of 2016

At the end of June, there were 743,700 private residential mortgage accounts for principal dwellings in Ireland with a total value of €100.9 billion. Photograph: Peter Byrne/PA Wire

Latest Central Bank figures show arrears in all categories of maturity are declining

Wal-Mart rose 1.8 per cent to $71.57 after Cowen and Company raised its rating to “outperform” from “market perform”. Photograph: Michael Nagle/Bloomberg

Oil up as markets reassess central bank policies while Kingspan takes 3% hit

Most of Ireland’s greenhouse-gas emissions, which the Government is tasked with reducing, comes from agriculture, transport and construction.

Ireland likely to fined up to €610 million by 2020 for missing targets, says analyst

An impression of what AIB will look like when the solar-energy installation has been retrofitted.

Installation expected to reduce bank’s carbon footprint by 115 tonnes annually

The Cosgrave Group is owned and run by brothers Joseph, Michael and Peter Cosgrave. Photograph: David Sleator

Development between Bray and Enniskerry will provide 658 housing units

 European Central Bank president Mario Draghi:  he  said the bank was looking at options to enable it to pursue its bond-buying programme  programme, but maintained the March end-date for the plan, disappointing investors who were looking for more immediate action. Photograph:   Arne Dedert/EPA

Bank of Ireland climbs 4 per cent on strong day for financials in Europe

A field of corn near Strasbourg, France: population growth alone will require global food output to double by 2050. Photograph: Vincent Kessler/Reuters

Jack Bobo says much beer, wine and cheese in Europe is produced with GMOs

Consumer prices have fallen for a second consecutive month on the back of cheaper transport costs. Photograph: Luke Sharrett/Bloomberg

Latest figures from Central Statistics Office point to annual rate of deflation of 0.1%

The Irish Fiscal Advisory Council (Ifac) claims the total package of measures earmarked for Budget 2017 will actually amount to a €2.4 billion adjustment, as opposed to the €1 billion previously stated. Photograph: Reuters.

Fiscal Advisory Council claims package of measures equates to far bigger adjustment

The KBC Bank Ireland/ESRI sentiment index rose to 102.7 in August, reversing most of the 3.8 decline seen in July. Photograph: Lauren Hurley/PA Wire

Survey suggests consumers buoyed by absence of major fallout from UK vote

Eir Business managing director Bill Archer and Dublin Tech Summit organiser Ben English. Photograph: Maxwell Photography

Telecoms firm becomes founding partner of event aimed at filling gap left by Web Summit

Black Lives Matter UK protesters on  the runway at London City Airport. Photograph: Jonathan Goldberg/Black Lives Matter UK/PA Wire

Black Lives Matter protest on London runway halts flights for six hours

Movidius co-founders Seán Mitchell and David Moloney and chief financial officer John Bourke. Photograph: Cyril Byrne

Acquisition represents ‘massive potential’ for emerging technologies, says Intel

Dalata chief executive Pat McCann: “disappointed” with outcome of UK Brexit vote. Photograph: Dara Mac Dónaill

Hotel group announces further Cork acquisition while recording €18m pretax profit

     PII calculates that house completions for the year will only amount to about 14,000, well below the Government’s target of 25,000. Photograph: Alan Betson/The Irish Times

Study by Property Industry Ireland suggests construction rate failing to meet demand

The “modern” sector, comprising high-tech and pharma companies, showed a monthly increase in production of 13.9%

Latest figures from Central Statistics Office show production on annual basis rose 7.4%

Central Bank governor Philip Lane  said the Government needed to work on alternative ways for measuring the economy because of the recent anomalies in gross domestic product. Photograph: Eric Luke

Philip Lane warns much of current spike in corporation tax revenue may be temporary

Blanchardstown Shopping Centre: it is the largest single asset ever traded in the property market

Report reveals commercial property transactions totalled record €2.1bn in second quarter

Investec’s purchasing managers’ index  rose from 50.2 to 51.7 in August, staying above the 50 line that separates growth from contraction

Euro zone growth in activity sluggish as UK reports sharp post-Brexit rebound while US and China struggle

The CSO says the number on job-activation programmes stands at 60,012 as of July, a decrease of 7,234  from the previous year

Number of claimants has been steadily falling since peak in August 2011

Andrew McDowell: said it was an honour and a privilege to join the EIB’s management committee.

Government says nomination was made following ‘open and competitive process’

Eir chief executive Richard Moat. Photograph: Aidan Crawley

Company has raised wholesale broadband prices for second time in 14 months.

Recruitment firm CPL’s earnings per share grew 9 per cent to 43.9 cent in the 12 months to the end of June. Photograph: Cyril Byrne

Recruitment firm’s pretax profit rises 22 per cent to €17.4 million

“This report is very clear on the competition concerns in the beef sector, the income pressures that exist for livestock producers and the impact that any weakening of competition would have on their livelihoods,” said IFA president Joe Healy. Photograph: Paul McErlane/Bloomberg

Study by PMCA suggests Goodman deal will damage competition in beef sector

Dundalk-based Digiweb will launch  fibre broadband packages for residential and business customers on Siro’s network

Dundalk company’s broadband services will go live locally and then expand elsewhere

The seasonally adjusted number of males unemployed in August was 113,600, a decrease of 600 on July

Figures show youth unemployment stands at 17.1%, down from 17.7% a year ago

Eir:  company plans to take regulator ComReg to court to have part of USO designation relating to access at a fixed location overturned. Photograph: Maxwells

Company believes it should not be stuck with cost of uneconomic rural phone lines

Traders work on the floor of the New York Stock Exchange. Wall Street snapped a three-day losing streak on Monday as financial stocks rose after Federal Reserve chair Janet Yellen said the case for an interest rate hike had strengthened. Photograph: Michael Nagle/Bloomberg

Probability of September rate hike at 42% with odds for a December move at 65%

Aidan Gough of InterTradeIreland: “Clearly businesses will need support to manage the ramifications of Brexit”

Research finds post-referendum uncertainty prompts many business to halt investment

Vayu said the drop in gas prices was due strong supplies, decreased demand and falling oil prices. Photograph: Christopher Furlong/Getty Images

Vayu report shows 24 per cent of electricity demand supplied through wind in August

Bank of Ireland’s Economic Pulse monitor rose 2.5 points to 93.7 in August.

Consumer sentiment picks up as businesses remain wary, says Bank of Ireland report

Minister of State for Training and Skills John Halligan: “If Apple owes taxes to the State they should pay them and that’s it.” Photographer: Dara Mac Dónaill

Zenith exit linked to row over access to insurance industry database

The Wood Green branch of department store chain BHS, after its final closure, in London. Photograph: Peter Nicholls/Reuters

Administrators shut final 22 shops across UK in chain that had more than 150 outlets

Bord na Móna chief executive Mike Quinn and Electricity Exchange co-founder Paddy Finn. Photograph: Andres Poveda

Semi-State eyes potential in Limerick-based Electricity Exchange

The ABP group  last week ceased the automatic collection of the levy. Photograph: Owen Humphreys/PA Wire

Levy payment is at centre of escalating row between Goodman firm and farmers’ group

INM chief executive  Robert Pitt says outlook   continues to be challenging

Media group first-half results show fall in print advertising revenue offset by jump in digital

Shares in Paddy Power Betfair were down another 2 per cent, to €111.4.

Clinton’s EpiPen cost comments weigh on investor sentiment in pharma sector

Brian Hayes: the MEP said he recently raised the issue with EU competition commissioner Margrethe Vestager

Fine Gael MEP joins Washington criticisms of Brussels and its tax investigations

IFA president Joe Healy: “It is very clear that farmers are angry over the level of Goodman control of the beef sector.” Photograph: Dave Meehan

Farmers’ group says there is no move to follow Goodman’s ABP in changing system

The development at Castleknock Hotel and Country Club will increase room capacity and create 20 permanent jobs on completion.

Development will increase room capacity at four-star facility by 46 to 190

According to accounts filed by US-owned Benex Ltd, turnover increased by 12 per cent to €1.35 billion last year.

Dún Laoghaire-based subsidiary paid nearly €10 million in corporation tax here last year

Loans for house purchases in Britain slipped 5% to an 18-month low of 37,662 in July. Photograph: Carl Court/Getty Images

Loans for house purchases slips 5% to 18-month low, but building profits up

Online gaming technology firm Game Account Network has raised £1.3 million (€1.5 million) through the placement of 3.25 million ordinary shares with International Investment and Underwriting.

Dermot Smurfit jnr-led firm says proceeds will be used for product development

Kenmare Resources managing director Michael Carvill said further reductions in operating costs were expected in the second half of the year. Photograph: Bryan O’Brien

Mining firm says total shipments for half year hit record levels

Employment in construction, which was hardest hit in the recession, rose by 8.7 per cent, or 10,900

CSO shows more people arriving than leaving for first time since 2009 with 2.2m in work

CSO figures show  an annual increase in employment of 2.9 per cent, or 56,200, in the second quarter of 2016, bringing the total to 2.01 million

Unemployment fell by 23,400 in year to end of June, lowering total to 187,800

The levy is at the centre of an escalating row between Larry Goodman’s (above) ABP and the IFA. Photograph: Ronan Quinlan/Collins

Beef processor signals no change amid Goodman row with IFA over ‘opt-in’ collection

ComReg said the cost of the USO on Eir amounted to about €5.1 million in 2009. Photograph: Steve Parsons/PA Wire

ComReg rejects first part of multi-year claim, saying €5m cost ‘not an unfair burden’

Retailer’s Irish arm had entered into examinership in May following financial losses

At the heart of the minimum-wage debate is whether employees deserve a share of a recovering economy, or whether in the wake the Brexit vote the key job now is to protect employment. Photograph: iStock

Business groups seize on UK vote and Low Pay Commission dissent to oppose hikes

Larry Goodman: his ABP group’s move on levies is viewed by the IFA as an attempt to undermine it. Photograph: Cyril Byrne/The Irish Times

Farmers’ group at loggerheads with beef baron over collection of levies

ABP owner Larry Goodman. The company collects €400,000 a year in European Involvement Fund (EIF) levies from farmers, the lion’s share of which goes to the IFA.   Photograph: Paddy Whelan

Farmers’ organisation funding threatened after ABP group suspends collection of levy

Glanbia reiterated its full-year forecast of between 8 to 10 per cent earnings-per-share growth.

Food group reiterates full-year earnings guidance after solid interim figures

The value of goods exports for the six months to the end of June was €55.4 billion, an increase of €654 million when compared with the equivalent period last year. Photograph: Martin Divisek/Bloomberg

Value of imports falls 8 per cent in June as CSO figures point to good year for trade

Milk production line at Cavan-based Lakeland Dairies: the company has  increased its monthly milk price for the first time in nearly 18 months

IFA calls on other processors to follow suit

Raymond McCord:  his son Raymond was murdered by a UVF gang in north Belfast in 1997. Photograph: Charles McQuillan/Pacemaker

Raymond McCord claims UK withdrawal from EU could damage peace process

Taking off: Iseq heavyweight Ryanair rose 1.7 per cent to €12.03 after an up and down week. Photograph: Rui Vieira/PA Wire

Bank of Ireland, Ryanair, Smurfit Kappa and C&C among traders in Dublin market

Tony O’Reilly jnr: the Providence boss has a shares option that can only be activated if the share price reaches 45 cent, four times the current market rate. Photograph: Cyril Byrne/The Irish Times

Oil firm incentivises management to secure farm-out deals on Irish prospects

Brazilian food giant JBS acquired the Northern Ireland poultry firm Moy Park (above) last year for €1.3 billion

Davy analyst also plays down prospect of Ireland having to pay more into EU budget

Providence chairman James McCarthy   and chief executive Tony O’Reilly at the oil exploration group’s egm in July. Photograph: Brenda Fitzsimons

New and existing investors believe board members are too close to the O’Reilly family

C&F employs roughly 1,400 staff worldwide and supplies contract manufacturing services to firms across several industries from bases in Ireland, eastern Europe, the US and Asia. Photograph: Mark Elias/Bloomberg

C&F says workers at Filipino subsidiary let go due to business efficiencies

A breakdown of the figures in PwC’s latest IPO Watch report showed activity in the second quarter, while poor in comparison to last year, almost tripled the value of funds raised in the first quarter. Photograph:  Philip Toscano/PA Wire

Report shows sharp reduction in firms going public to raise funds in run-up to UK vote

Measure was included as part of package for beleaguered dairy sector

Amalgamated entity will have 28,000 members

The Bank of England: its announcement that interest rates would remain unchanged caused the FTSE 100  to fall back from a fresh 11-month high during the session to finish 15.9 points down at 6,654.47. Photograph: Chris Ratcliffe/Bloomberg

Market slip blamed on Bank of England’s surprise move not to cut rates

   Taoiseach Enda Kenny  navigates the realpolitik of climate change

New report sets out climate roadmap but is the political will there to drive it home ?

Ireland’s farmers face significant changes to how they farm and use land with a reduced beef herd and more emphasis on forestry. Photograph: Brenda Fitzsimons/The Irish Times

Study suggests meeting 2030 emissions targets will be a major challenge for Ireland

The Central Bank said  indicators, such as domestic demand and employment growth, gave a more accurate indication of the economy’s performance.

Agency to convene special group to look into how best to present economic data

The Irish economy is under scrutiny as, to put the latest CSO figures in perspective, it means Ireland is growing at four times the rate of China. Photograph:  Nick BradshawI

From 2015 record surge to 2016 slump: what the hell is going on at Ireland inc?

The umbrella group for off-licences is calling on Government to reduce excise duty and ban below cost selling of alcohol. File photograph: Jessica Gow/AFP/Getty Images

National Off-Licence Association also calls for cut to excise duty

Former  IFA head Pat Smith: The IFA said it was seeking candidates for the post of director general or chief executive officer. The change of title for the group’s top-ranked executive appears to be an attempt to draw a line under Mr Smith’s troubled tenure.  Photograph: Eric Luke

Farmers’ group seeks candidates for post of director general or chief executive officer

 Euronext Stock Exchange,  Paris: European markets made gains on Thursday, ending a three-day slide with London’s FTSE up 1.09 per cent. The CAC in Paris rose 0.8 per cent and Germany’s Dax was 0.49 per cent higher. Photograph: Thomas Samson/AFP/Getty

European markets gain, ending a three-day slide with London’s FTSE up 1.09 per cent

 From left; Larry Murrin, Chief Executive, Dawn Farm Foods (left) says that as a result of the slide in sterling, firms are facing the twin challenges of cost recovery on the one hand and a loss of competiveness on the other. Photograph: Dara Mac Dónaill / The Irish Times

IFA president claims quoted prices failed to reflect current level of demand in market

Live Register shows fall in long-term claimants, albeit overall number is still high

 British Irish Chamber of Commerce director general John McGrane said Ireland could act as a gateway for trade between the UK and the rest of the EU. Photograph:  Nick Bradshaw

Funds close door on wave of investors seeking money back following UK referendum

US decision will allow Irish exporters ship mince used in burgers and other products to the world’s largest beef market

Trading agreement between Dublin and Washington extended to include mince

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