Mark Carney, Bank of England governor, said ‘timidity has costs’ Photograph: Alan Betson / The Irish Times

Bank of England governor Mark Carney has urged the euro zone to take the controversial step of turning its currency area into a fiscal union in order(...)

Bank of England governor Mark Carney: gave strong hints that the Bank of England could increase interest rates from their record lows sooner than expected. Photograph: Laurent Gillieron/EPA

The ECB has done its part – now it’s up for countries to implement structural reforms. That was the message from Benoît Cœuré, a senior ECB figure,(...)

IDA chief Martin Shanahan: ’Ireland isnot afraid to be out front. We will play hard and we will compete hard but fair to win.’ Photograph: Alan Betson

The recent public scrutiny of the tax affairs of multinationals has had no adverse effect on Ireland’s reputation as an investment location the head o(...)

Governor of the Banks of England Mark Carney and managing director of the International Monetary Fund Christine Lagarde smile prior to a panel “A Richer World, but for Whom”at the World Economic Forum in Davos.

The bond-buying plan unveiled by the European Central Bank (ECB) has laid the foundations for more prosperity in Europe, Bank of England chief Mark(...)

Snowmen wearing the world’s flags at Davos 2015.

An evergreen joke among speakers at the World Economic Forum’s annual meeting in Davos warns against making predictions. Whatever you say, the punchli(...)

The Ebay offices in Dundalk. Photograph: Alan Betson
Dates for your business diary

TODAY Results: Thorntons. Meetings: 2015 World Future Energy Summit (to Thurs, Abu Dhabi, UAE). Indicators: Euro zone current account (Nov); UK Rightm(...)

Angela Merkel: remains privately sceptical about ECB bond-buying in principle

The European Central Bank is set to unveil a programme of mass bond-buying next week to save the euro zone from deflation, but has bowed to German pre(...)

Chancellor George Osborne looks on as Prime Minister David Cameron (not pictured) talks to business leaders at a conference in the Old Granada TV Studios in Manchester. Photograph: Peter Byrne/PA Wire

UK inflation matched its lowest level on record in December when it fell to 0.5 per cent, official figures showed today. The plunge to below 1 per cen(...)

The central bank also said it would reinvest £4.35 billion of proceeds from a maturing January 2015 bond in its £375 billion of quantitative easing asset purchases.

The Bank of England kept interest rates unchanged at 0.5 per cent after its first meeting of 2015, as tumbling oil prices have pushed inflation to a 1(...)

The headquarters of the European Central Bank (ECB) stands beyond a euro sign sculpture in Frankfurt, Germany. Photo: Bloomberg

Plunging energy costs have caused consumer prices in the euro zone to fall annually for the first time since 2009, official figures showed.It is a dev(...)