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“Our survey showed the continued rollout of the coronavirus vaccine programme was a key driver behind the rise in sentiment in the first quarter of the year,” said Danske Bank chief economist Conor Lambe.

Vaccine rollout boosts consumer sentiment in North in Q1

Economy
Ciara O'Brien
May 4, 2021, 05:29

Confidence about finances, job security and spending on expensive items increases

Optimism for the next 12 months seems high, with firms reporting the strongest output expectations on record. File photograph: Getty

3:18 Manufacturing surge as coronavirus restrictions eased

Economy
Ciara O'Brien
May 4, 2021, 04:58

Business sector optimistic that vaccination will lead to the full reopening of economies

The Government is set to launch plans to increase the number of Irish people being hired into the European Unions institutions. Photograph: iStock/Getty

Ireland to push graduates towards EU jobs to combat ‘demographic cliff’

Economy
Naomi O’Leary
May 3, 2021, 15:12

Government fears waning Irish influence in key posts in Brussels

Photograph: iStock

Euro zone factories surged to record high in April

Economy
May 3, 2021, 11:12

Factories have largely remained open during third wave of Covid infections

Corporation tax accounted for 21 per cent of all taxes collected by Revenue in 2020. Photograph: Nick Bradshaw

3:18 Top 10 companies now pay more than half of corporate tax

Economy
Seán McCárthaigh
May 3, 2021, 05:54

Covid delivers sharp jump in share of corporation tax paid by big business

Northern Ireland has fallen further behind the rest of the UK since the 1998 peace accord, which many believed would bring an economic dividend. Photograph Artur Widak/NurPhoto via Getty Images

Northern Ireland’s £9.4bn subvention and the cost of Irish unity

Economy
Eoin Burke-Kennedy
May 2, 2021, 11:49

The North was one of nine UK regions to run a fiscal deficit in 2019

Frank O’Rourke, project manager for the Naas Shopping Centre, and Ger Roche, chief executive of the Roche Group. Photograph: Lorraine O’Sullivan

2:06 Naas Shopping Centre owners submit pre-planning application to council

Economy
May 1, 2021, 06:30

Number of large repair and maintenance projects completed in recent weeks

(Stan) Kroenke out, Spotify in, at Arsenal? Photograph: John Walton/PA.

Hearts on fire, Arsenalify and squeezing the last of the toothpaste from the tube

Economy
Laura Slattery
May 1, 2021, 05:55

Planet Business: A good week for emojis, a bad week for vowels

Minister for Finance Paschal Donohoe has defended Ireland’s record on tax, saying it “has fully engaged in making massive strides” on tax transparency and reforms. Photograph: Alan Betson

4:29 European Commission to pressure Ireland on tax in recovery fund plan

Economy
Naomi O’Leary
May 1, 2021, 01:30

Tax loophole closure among ‘country-specific recommendations’ to be met for fund access

Frankfurt, Germany. The country’s economy shrank 1.7 per cent in the first three months of this year as lockdown measures to contain rising coronavirus infections left the euro zone on track to fall into a double-dip recession.

German economic contraction leaves euro zone facing double-dip recession

Economy
April 30, 2021, 10:43

Spain and Italy also record output falls in first quarter, though France rebounds

The report predicts that annual house price growth will reach double digits by this summer.

UK house prices surge to record high over year to April

Economy
April 30, 2021, 08:05

House prices jumped by 2.1%, marking the biggest monthly increase since 2004

Clery’s interior: From 1946 when the rationing eased, there was a consumer boom as people bought the things that they had missed out on over the previous six years.

John FitzGerald: Post-lockdown lessons from years after WWII

Economy
John FitzGerald
April 30, 2021, 05:18

There was a spending splurge after 1945 as people purchased clothes and travelled

The report notes SMEs’ aversion to take on credit, but says demand may increase quickly as the economy reopens and fiscal supports are unwound

Central Bank says credit supply risks remain as economy reopens

Economy
Charlie Taylor
April 29, 2021, 20:18

Analysts at the financial regulator say consumer lending is unlikely to recover immediately

The US president Joe Biden spoke on Wednesday, the eve of his 100th day in office, about his plan to revive the US economy as it continues to recover from the pandemic. Photograph. EPA/Chip Somodevilla / Pool

US economic rebound gains momentum in first quarter

Economy
April 29, 2021, 19:35

Growth hits 6.4% as stimulus, vaccinations and easing of lockdowns boost recovery

The message from some other countries – including some parts of the US and Chile is that if you move too quickly, case numbers can rise even as vaccines reach more of the population. Photograph: Dara Mac Donaill/The Irish Times

Vaccines and reopening: the 40% rule could be vital for Ireland

Economy
Cliff Taylor
April 29, 2021, 12:19

Smart Money: Little room for error in inoculation roll-out if reopening targets are to be met

Latest data form the banking and payments federation show first-time buyers accounted for 52% of the drawdowns in the first quarter. File photograph: Photocall

2:49 Mortgage market buoyant as drawdowns and approvals rise

Economy
Eoin Burke-Kennedy
April 29, 2021, 05:15

New figures suggest more than 9,000 mortgage drawdowns in first quarter of 2021

The sector that includes hairdressing had the highest percentage of all personnel in receipt of PUP in January at 40 per cent.

Close to half of businesses on Covid supports at start of year

Economy
Eoin Burke-Kennedy
April 28, 2021, 12:08

Proportion on supports peaked in April 2020

Boris Johnson: “Now is the time to look forward to the future and to building a more global Britain.” Photograph: PA Wire

Concerns over UK ‘good faith’ as European Parliament ratifies Brexit deal

Economy
Naomi O’Leary
April 28, 2021, 10:02

Johnson says step provides ‘more stable foundation for the relationship’

Minister for Finance Paschal Donohoe: he said there was an “intensely competitive negotiation” on tax taking place at OECD level

Donohoe warns impact of global tax changes on Ireland could be greater than €2bn

Economy
Eoin Burke-Kennedy
April 27, 2021, 19:55

Minister says ‘vaccine policy is economic policy’, claiming speed of economic recovery depends on success of vaccination programme

EU seeks to defend itself from perceived unfair competition from capitals including Beijing.

Brussels prepares new rules to clamp down on foreign public subsidies

Economy
April 27, 2021, 12:15

Moves seen as significant hardening in approach to state-backed competition from overseas

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