Former deputy chief executive of Ryanair and current chairman of Failte Ireland, Michael Cawley, is to add another string to his bow with his appointment as chairman of online booking platform Hostelworld. Photograph: Dara Mac Dónaill

Former Ryanair executive Michael Cawley set to assume the role of chairman of online booking platform for hostels

Michael Carvill, managing director of Kenmare Resources, said the mining group looks forward to building on its achievements. Photograph: David Sleator

Mining group reports jump in revenues on back of increased prices and sales volumes

The rent-a-room scheme is one of the few ways of earning income without paying tax

The scheme allows people to earn up to €14,000 without paying any tax from renting out a room in their property

More people are doing it but Revenue figures suggest average earnings have fallen

More than a quarter of Irish parents are saving for their children’s education. Photograph: Alan Betson / The Irish Times

Many families unprepared for cost of third-level education, Aviva research finds

Rents have increased by almost 12% year-on-year to June, according to a new survey. Photograph: Bryan O’Brien/The Irish Times

New Daft.ie report says average national rent has increased by almost 12% this year

A  Dalata  agm. Davy Stockbrokers has  given the Dublin-listed company an “outperform” rating.  Photograph: Dave Meehan

Broker sees big potential in UK market for Dublin-listed hotel group

As property prices have not risen at the same rate across the country, it means that some homeowners may be burdened with a far greater rise in the tax than others. Photograph: iStock

As a new valuation date looms, property prices are on the rise

Hazelbrook Square in Clonskeagh, south Dublin, where three-bed properties start at €540,000. The properties have jumped in value by about 13 per cent since the scheme was first launched in May 2016.

Average price paid for a dwelling increases to €258,544, and to €401,890 in Dublin

Facebook chief executive Mark Zuckerberg took two months’ paternity leave when his daughter Max was born, but many Irish fathers aren’t so lucky, despite the introduction of a new regime. Photograph: Mark Zuckerberg via AP

Majority who became fathers over past year have not taken paid two-week leave

Brexit poses “significant risks to exporting sectors, hitting regional economies and employment hardest”, Ibec has warned. Photograph: Justin Tallis/AFP/Getty Images

Brexit impact remains a risk, employers’ group warns

Successive budgets since 2009 have put the emphasis for funding the recovery on income tax payers. Photograph: Alan Betson

Report shows how Government is funding the recovery by increasing tax burden on middle income earners

Irish banks are applying harsher cuts to deposit rates than those across the euro zone. Photograph: Getty Images/iStockphoto

If you’re less than enthused by earning just €65 a year on a deposit of €15,000, what are your options?

We’re spending more and this is paving the way for a return to peak economic levels Goodbody Stockbrokers said. Photograph: Tim Boyle/Getty Images

Return to full employment by end of next year as job creation is growing at the fastest pace since 1999

Cheers: last month, Britvic said Irish revenues rose 10.6 per cent in the third quarter of 2017, as the group reported a 6.5 per cent rise in revenues to £384.6 million. Photograph: Andrew Milligan/PA Wire

Manufacturer of Miwadi and Ballygowan sees pre-tax profits fall by 27% to €1.8m

AA membership in Ireland grew by 6.4 per cent to 136,500 in 2016. Photograph: Dara Mac Dónaill

Insurer and breakdown assist provider reports 10 per cent growth in revenue in 2016

In Dublin a couple who are first-time buyers were spending 27.4%  of their after-tax income servicing their mortgage in May: Photograph: Getty Images

Property affordability ratios now at a nine-year high

The Revenue this week set out various options that Minister for Finance Paschal Donohoe might pursue in his first budget on October 10th. Photograph: Brenda Fitzsimons

Also in the news were diesel cars, Seán Dunne, Irish banks and artists’ tax relief

An apartment at The Maple development in Sandyford, south Dublin.

Ires Reit is expected to finalise lettings on The Maple this month, where rents for two-beds appear to have softened

Kennedy Wilson Europe’s two-year refurbishment of Stillorgan Shopping Centre, Co Dublin, continues with construction of the new Tesco extension expected to be completed by the end of the year.

UK-listed property group with €1bn invested in Ireland says property outlook is positive

Retired Irish rugby player   Paul O’Connell. While his book “The Battle”, written with  Alan English  may have grossed more than €1m in sales, many artists will make a minimal return for their efforts. Photograph: Stu Forster/Getty Images

Tax relief earned from artists’ exemption scheme shot up by 86% in 2015, figures show

Net premiums for RSA’s Irish division rose by 1 per cent to £152 million in the six months to June 30th. Photograph: Simon Dawson/Bloomberg

Insurer targets full-year profitability in Ireland but says market remains challenging

First-time buyers continue to drive the market, accounting for 50 per cent of the market by volume.

Gap between approvals and drawdowns underlines scarcity of supply

Senior officials have raised the prospect of abolishing relief on family homes from capital gains tax when they are sold. Photograph: iStock

Move is among tax reform options put forward by Department of Finance group

Landlords argue that despite the high rents, the level of taxes and other charges levied on landlords can make the activity unviable. Photograph: Bryan O’Brien

Rents may never have been higher but landlords are hoping for some help

What is new Minister for Finance Pascal Donohoe dreaming up for October 10th?(Photograph: Cyril Byrne / THE IRISH TIMES)

Tax Strategy Group suggests abolishing CGT relief on sale of home while cost may preclude cut in exit tax on investments

Manufacturing activity in Ireland improved in July, despite a fall in the headline PMI figure indicating that the rate of expansion has moderated.

Growth driven by new orders but report shows rate of expansion has moderated

The 50-20-30 plan is the inspiration of US senator and Harvard bankruptcy expert Elizabeth Warren who, with her daughter, came up with the plan to help people manage their money

This plan is about allocating a specific percentage of money towards specific tasks

Local authorities across Ireland have discretion to vary property tax by the order of plus or minus 15 per cent. (Photograph: Bryan O’Brien / THE IRISH TIMES)

Council is canvassing opinion on whether or not it should cut property tax for 2018 thus saving homeowners about €100

Rugby star Paul O’ Connell, pictured last year winning the Bord Gáis Energy Sports Book of the Year for The Battle. Photograph: Patrick Bolger

Broadcaster and rugby star are among the 250 people approved for the Artists’ Exemption scheme so far this year

Aileen Power, in St Stephen’s Green, Dublin. Power says her joining a pension at age 23 was “pure luck”. Photograph: Dara Mac Donaill

The State wants you to work beyond 65, but even if you want to, will anyone employ you?

For many, “the idea that the economy is running too hot seems entirely alien”. Photograph: iStock

The financial outlook for many is dominated by stagnating wages, high personal debt and persistent negative equity

Someone 10 years into a 30-year €300,000 mortgage would save €108 a month by changing from a mortgage with a 3.8 per cent interest rate  to one charging 3.1 per cent. Photograph: Getty

Need an extra €100 a month? You could take advantage of loan-to-value shifts

To PCP or not to PCP: You need to ask yourself some hard questions, or you could find yourself in a tricky situation three years down the road. Photograph: Barry Batchelor/PA Wire

If a personal contract plan goes awry you could end up owing more than the car is worth

All the incentives to buy a property are typically directed at a younger generation

Those born between 1965-1984 were hit by negative equity, austerity

AIB headquarters in Ballsbridge, Dublin. Photograph: Bryan O’Brien

Cantor Fitzgerald places €5.05 12-month price target on bank’s shares

Forest Avenue on Sussex Terrace in Dublin: three-course lunch for €32. Photograph: Cyril Byrne

Fine dining at home and abroad that will not break the bank

Those aged 18-34 are  more upbeat than their older counterparts, according to the survey. Photograph: Istock

New survey finds that a third of people aged 35-54 are struggling financially

Claudia Marshall will be responsible for growing the Ikea brand in Ireland.

Claudia Marshall will oversee furniture giant’s stores in Ballymun and Carrickmines

Figures from REA agents show that the average three-bed semi-detached in Dublin city now costs € 414,500, a rise of € 10,000 (2.6%) over the last three months and an increase of 14.1 per cent over the past year.

Agents in Tallaght, Clonskeagh and Dun Laoghaire say three-bed semi-detached houses are selling within weeks

Starling’s current account can be opened in minutes and has “zero” monthly account fees.

UK start-up Starling Bank founded by Anne Boden gets approval to trade in Ireland

Francesca McDonagh’s appointment as group chief executive of Bank of Ireland, while not quite levelling the playing field, will go at least some of the way towards addressing the imbalance. Indeed Ms McDonagh has previously hit out at the lack of women in top jobs in the fi nancial services world, telling a UK newspaper in 2016 that it can be “quite isolating” to be the only woman in the room.

Irish based companies may be better than international peers when it comes to diversity- women lead just 5.8% of S&P 500 companies(...)

TOP 1000 companies reported gross sales of a staggering € 489bn in their most recent financial years – far in excess of the income Ireland as a country is generating.

Stellar growth rates and outsize profits characterise the top performers in this year’s Top 1000 survey, which also details the fa(...)

Medtech company Medtronic topped table with profits of €4.1bn

‘Irish Times’ annual survey reveals that these elite companies generate profits of €34bn

 “It’s not about the money. It’s about being in business and having your own business, having an opportunity to create a business and to change the way things are. It’s an addiction in one sense, or attraction, and it’s what gets you up in the morning,” says  Colm Lyon. (Photograph: Brendan Lyon/ImageBureau)

Top1000: They successfully sold their business but it hasn’t stopped these three serial entrepreneurs from starting another

Graeme Buchanan, managing director of Stobart Air,  with Warwick Brady, deputy chief executive. The airline is to operate a new route on the Flybe brand from Dublin to London Southend. Photograph: Maxwells Dublin

Fares will start at €29.99 one way; route is part Stobart Air’s three-year growth strategy

Ormonde Mining  chairman Mike Donoghue. The mineral resource company’s revenue rose by 90 per cent to €1 million in the year to December 31st, 2016. Photograph: David Sleator

Irish resource company’s Spanish tungsten project progressing ‘at full speed’

An oil-drilling block managed by Tullow Oil at Lokichar basin in Kenya. Photograph: Tony Karumba/AFP/Getty Images

Chief financial officer replaced on full-time basis by Les Wood

Like everything from rents, to property prices to the availability of tenants, yields, too, can differ right across the country. So, based on current rental yields, which are the best places to invest around the country – and the worst?  File photograph: iStockPhoto

Ranelagh - it’s the most expensive place to buy a house in Ireland, but it’s also the worst for investment yields. So where is the(...)

Construction workers lay bricks on the Cairn Homes  Marianella residential construction site in Dublin. Speculation is mounting that the new Housing Minister is set to scrap the Help to Buy scheme, which offers an incentive to help first time buyers get on the property ladder. (Photograph: Chris Ratcliffe/Bloomberg)

Market commentators warn that scrapping scheme won’t stall property price growth

“Where do we live if we go home? We fall into the rental trap, which is very hard to get out of”

Buying a property in Ireland from abroad can be complex and costly. Here’s how to get a mortgage

The Central Bank is struggling to attract enough external applicants to fill up to 200 roles. Photograph: Alan Betson / The Irish Times

Regulator had signalled intention to staff up to deal with Brexit but can’t fill 200 roles

In recent weeks Ulster Bank, KBC Bank and Permanent TSB have all adjusted their pricing as activity in the housing market increases

Bank cuts rates to as low as 3% as competition in mortgage market heats up

Revolut  has already signed up  30,000 Irish consumers with its app-based mobile banking account

App-based current account promises cheaper transaction costs from €28 a month

More than 1,100 first-time buyers bought last year and successfully applied for the scheme retrospectively; however of these claims, about 241, or 13 per cent, are still “pending”. (Photograph: Brian Lawless/PA Wire)

It’s an urban phenomenon; it’s pushed up house prices; it takes some time for a claim to be paid out - here’s what we’ve learned s(...)

Thanks to the common market and the free trade area, when we purchase books on Amazon.co.uk or jeans from Topshop.co.uk the only additional costs we face are those related to getting the goods delivered. Photograph: Getty Images

Fans of Asos.com and Amazon.co.uk should watch out - thanks to duties and VAT, prices will rocket once UK becomes a ‘third country(...)

Mr Noonan acknowledged that there was pressure on the Government to provide finance for infrastructure spending but said there should be no reason to raid the rainy day fund, which was announced in last year’s budget and is due to be established in 2019.

Northern Trust to create 400 new jobs at Limerick base over next five years

Bank of Ireland says it will invest €10m  in its branch network this year. Photograph: Getty Images

Customers will have to rely on self-service machines for cash transactions

With revenues of £382.8 million (€434m)in 2016, Pinsent Masons is one of the 100 largest firms in the world by turnover, employing nearly 3,000 people worldwide including over 1,500 lawyers. The law firm also has an office in Belfast, following its merger in 2012 with local law firm McGrigors, and the move will bring the number of Pinsent Masons lawyers across the island of Ireland to 12 partners and over fifty lawyers.

Pinsent Masons pinches lawyers from Matheson, Walkers and Byrne Wallace

According to the report, half of EU states, including Ireland, have pension gaps of 30 per cent or more. Photograph: iStockphoto

Irish women are retiring on incomes 30 per cent lower than men, says Mercer report

Revenue is looking to shift users on to its myAccount platform, which can be accessed on all mobile devices.

PAYE Anytime service will no longer be available as Revenue launches new website

Tom Walsh: Airbnb probably led to a “tapering-off in the growth rate, but it didn’t cause a contraction in the business”

Irish aparthotel group to focus on Dublin, the UK and Germany for growth

Figures for the first quarter of the year show the fastest rise in house prices since 2007. File photograph: Frank Miller

Forget the conjecture and take a look at the data - it suggests that while there might be some areas of concern, rising prices do (...)

30/05/2017 - NEWS - Michelle O’Neill, MLA, Leader of Sinn Fein in Northern Ireland speaking at The Irish Times Economic Summit 2017 in association with Deloitte, ‘Opportunity from Uncertainty’ at The Shelbourne Hotel, Dublin.Photograph: Dara Mac Dónaill / The Irish Times

Conference hears that while there will be less flexibility when it comes to setting tax policy, there will still be ‘significant o(...)

Combilift forklifts. Photograph: David Sleator

Martin McVicar of Combilift tells ‘Irish Times’ economic summit of Trump uplift in US

Central Park office park in Leopardstown. Photograph: Alan Betson

Bank will move about 500 support staff to new building in south Dublin

Brendan Mooney, chief executive of Kainos. Photograph: Colm Lenaghan/Pacemaker

Belfast-based provider of digital services withstands storm of NHS funding cuts

There is a possibility of  quickly building up a credit card debt so consider what your needs are  before you get swayed by reward cards

Earning a cashback every time you use your card is welcome - but don’t expect outsize rewards

Michael Noonan is expected to push the button on the AIB sale as early as this week. Photograph: Paul McErlane/Reuters

Labour leader wants proceeds to be invested in infrastructure and capital projects

 Irish households remain the fourth indebted across the Europe, behind Denmark, Netherlands and Sweden. Photograph: Michaela Rehle/Reuters

Irish households still fourth most indebted in Europe, new Central Bank report finds

 UDG Healthcare: Revenues rose by 8 per cent in the six months to March 31st to $578.9 million (€516 million). Photograph: David Sleator/The Irish Times

Outlook for healthcare group remains ‘exciting’ after solid performance, says Davy

Greencore chief executive Patrick Coveney: “encouraging pipeline of new business” emerging at Peacock Foods. Photograph: Cyril Byrne

Revenue rose 46 per cent in first half, helped by Peacock Foods deal

Protecting your nest-egg can be hard work. Getty Images

Defined benefit pension plans below 140,000 active members

Paye workers can now earn more via Airbnb or rental income without having to undergo the full rigours of self-assessment –  and they’ll also pay less tax. Photograph: Martin Bureau/AFP/Getty Images

Move means Paye workers will pay less tax on Airbnb or consultancy earnings of up to €5,000 in 2016 tax returns

Insomnia plans to  open stores in Drumcondra and Mary Street in Dublin, Cavan, Mallow and Belfast. Photograph: Eric Luke

Coffee chain operating in Ireland and UK plans to open up to 30 outlets by end of year

Tesco first entered the Irish credit card market back in 2000, shaking up the banking sector

Card was popular with shoppers as it allowed them to collect 50% more Tesco points

The commissioner for economic and financial affairs said the European Commission was closely monitoring “the evolution of prices, supply and demand for housing in Ireland”.   Photographer: Chris Ratcliffe/Bloomberg

Commissioner says boost in supply is the only ‘durable solution’ to affordability in Ireland

“The popularity of TV programmes like RTÉ’s Room to Improve encourages homeowners to invest in their homes”

Bank of Ireland reports 38% surge in loans as property owners look to spruce things up

An increase in regulation is behind much of the growth across the capital markets sector, says Brian Conlon, chief executive of First Derivatives. Photograph: Newraypics.com

Newry based firm reports ‘solid financial performance’ for 2017 on the back of significant contract wins

The Coombe maternity hospital in Dublin charges a reasonable parking rate of €2.50 for up to four hours, and a special daily rate for the day of delivery of €7.50. Photograph: Alan Betson

Patients and visitors to Irish hospitals have the added stress of pricey parking fees

Figures for first quarter show property prices are rising at fastest rate since 2007 - but still remain way off boom time highs

Debit-card point-of-sale spending in March increased 14 per cent to €2.7 billion on the same month in 2016. Photograph: Getty Images

Figures show switch from cash to contactless as Irish consumers reach for the cards

Mallinckrodt’s new location on the Cruiserath Road in Blanchardstown also houses  a state-of-the-art manufacturing facility

US pharma group has just opened its global medical device engineering centre at the site

JP Morgan is to acquire a 130,000sq ft building in the heart of Dublin’s docklands in a move that will provide the US investment bank with the capacity to double its Irish work force to 1,000.

Acquisition of new property could see US investment bank double Irish work force to 1,000

Assets in IFG’s retirement wealth planning platform, James Hay, rose 5.4%  to £23.3bn

UK-focused financial services group warns of impact of falling interest rates on profits

Ireland’s largest landlord Ires Reit has set rents far in excess of norms at its new development at The Maple in Sandyford, south Dublin. Excluded from rent restriction rules, it is hoping to achieve  € 2,570 for a two-bed apartment - close to the average industrial wage of about €3,000 a month. (Photograph: Eric Luke / The Irish Times)

End to soaring prices seems nowhere in sight

Stan McCarthy is to join Ryanair’s board at the end of May. Photograph: Dara Mac Dónaill

Stan McCarthy to join airline board as non-executive director

With Wow Air and Norwegian in the market stateside travel has never been so cheap - or has it?

The Maple, at Beacon South Quarter in Sandyford, south Dublin, is a newly-built development of 68 apartments – four one-bed, 55 two-bed and nine three-bed apartments.

Apartments to rent from €2,570 a month at investment fund’s new Maple scheme

Customers looking to venture further afield can opt for European Motor Breakdown cover

Product costs about €100 a year for European-wide breakdown assist cover

Figures from the Central Bank show that Irish people  are saving more than they were in the aftermath of the banking crisis when deposit rates were more than 3%. Photograph: Getty Images

Irish savers will earn just €10 on a €10,000 deposit compared with €179 in Slovakia

Hanover Lofts, a development, of four one-bed and 11 	two-bed apartments, has prices starting at € 415,000 for a one-bed, and €575,000 for a two-bed.

80% of Hanover Lofts apartments, starting at €415k for a one bed, sell at launch weekend

Colm Lyons  to target the UK market. Photograph: Brendan Lyon/ImageBureau

Realex founder takes space in Shoreditch in Europe’s largest fintech hub

Immedis was formed last November when Taxback Group pulled out its specialist corporate division and rebranded it Immedis.Today it employs 50 people in Dublin

Immedis targets international payroll company Expaticore, paving way for 150 new jobs

Globoforce CEO Eric Mosley: “These are very exciting times for Globoforce”

Irish software firm relocating to new Park West building almost five times bigger

Minister for Social Protection Leo Varadkar: The Government’s intention is to enhance the range of benefits accessible by the self-employed. Photograph: Gareth Chaney Collins

Survey finds that those working for themselves will pay more to get sick pay

Growth in the Irish manufacturing sector expanded to a three month high in March, with export orders now growing at the fastest rate since 2015.  (Photograph:  Alan Betson/The Irish Times)

Out-turn driven by improved market conditions both at home and abroad

First-time buyers are looking to buy in greater numbers than in recent times. Photograph: Dara Mac Dónaill/The Irish Times

It is cheaper to buy than rent in many parts of the State but buying is not always best

While audit fees have fallen from their dizzy highs in recent years, both PwC and KPMG saw income from their audit functions advance in 2016. Photograph: Getty Images

Revenues up 9% at PwC, while KPMG enjoys a similar buoyant year

Veneto’s closure is the latest in the line of foreign owned banks – many of which ran into trouble during the crisis – that have opted to bring their foreign business back home. Photograph: Bryan O’Brien / The Irish Times

Veneto Ireland Financial Services branch closes as bank rationalises foreign divisions

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