President of the European Commission Jean-Claude Juncker and British prime minister Boris Johnson during a press conference in Brussels on Thursday. Photograph: Olivier Hoslet/EPA

Concerns remain about the proposed arrangements as sterling swings dramatically

President of the European Comission Jean-Claude Juncker, right, and UK prime minister Boris Johnson shake hands during a press conference on the Brexit deal in Brussels on October 17th. Photograph: EPA/OLIVIER HOSLET

Customs expert warns that open border between tariff regimes was an invitation to smuggle

Certain supplements for specific groups will be exempt from the new VAT treatment.

Bill to give legal force to budget also provides for series of anti-tax avoidance measures

Kenmare Resources managing director  Michael Carvill: Production and operating costs tracking well against guidance in the third quarter.  Photograph: Bryan O’Brien

Miner to pay shareholders maiden dividend despite slippage in shipping finished product

The Aviva Stadium is scheduled to host three group games and one Round of 16 game in what, the study said, will be the biggest sporting event to be held in the State. Photograph: Cathal Noonan/Inpho

Study assesses impact of UEFA Euro 2020 tournament on economy

The Central Hotel was purchased in a joint venture between Deutsche Finance International and BCP Capital for a figure close to €40 million

Report by Cushman & Wakefield highlights significant pick-up in activity in sector

Rankings by consultancy Brand Finance suggests Ireland is fastest-growing brand in Western Europe

 Taoiseach Leo Varadkar and  British prime minister Boris Johnson. Despite the cloud of Brexit hanging over the Irish economy, the survey found Irish SMEs were the fourth most optimistic about the performance of their domestic economy. Photograph:  Noel Mullen/AFP

Report Bibby Financial Services highlights challenges faced by businesses here

The institute, which had offices in Lower Mount Street, was affiliated to the International Federation of Purchasing and Supply Management

Institute of Purchasing and Materials Management ran courses in supply chain management

Minister for Business Heather Humphreys, who is  due to attend a series of meetings on key areas of trade, including digital and technology, life sciences and industrial, and financial services industry events. Photograph : Laura Hutton

Minister starts five-day trade mission with 50 Enterprise Ireland client companies

Minister for Finance  Paschal Donohoe. The Irish Fiscal Advisory Council’s  chairman said the Government’s target of a small budget surplus of €600 million this year was “totally inappropriate”. Photograph: Brian Lawless/PA Wire

Fiscal council says exceptional corporation taxes flatter Government’s budgetary position

The bank said the rate of new order growth eased for the third month running. Photograph: Krisztian Bocsi/Bloomberg

Ulster Bank PMI says firms cited negative Brexit impact on overall demand conditions

Ryan Smith, co-founder and chief executive of Qualtrics

Company is on major expansion drive on foot of increasing demand for services

The Central Bank said a hard Brexit would lead to an   unemployment rate of nearly 7 per cent, and a significant decline in consumption and investment. Photograph: Alan Betson

Bank says no-deal will see 73,000 fewer jobs and contraction in domestic activity

Prices in Dún Laoghaire-Rathdown, typically seen as an indicator of where the market is going, declined by 6.1 per cent. Photograph: Tim Ireland/PA Wire

Latest figures show prices in Dublin fell for second consecutive month

Minister for Finance Paschal Donohoe ahead of delivering his budget speech to the Dáil this week. Photograph: Dara Mac Dónaill

Plan would give bigger states more rights to levy tax on income earned in their territories

Traders monitor prices in the S&P options pit shortly after the open on the Cboe Global Markets trading floor,  in Chicago on Wednesday. Photograph:  Scott Olson/Getty Images

Ryanair was Iseq’s big mover, jumping 5.5 per cent on the day

On Wednesday, the OECD Secretariat released a consultation document, containing the broad outline of its proposals, which have still be to agreed by member states

A quick guide to the OECD’s move to reform global tax system and what it means for Ireland

Minister for Finance Paschal Donohoe. The Government’s planned move to a €80 per tonne carbon tax is expected to net the exchequer €6bn

Budget 2020: report assesses sustainability of recent business tax windfall

Taoiseach Leo Varadkar at an announcement of plans to abolish the USC by 2020 as part of Fine Gael’s long-term economic plan. Photograph: Dara Mac Dónaill / The Irish Times

Budget 2020: High-level Government report also warns plan is likely to prove complex

Paschal Donohoe: €6 per tonne hike in carbon tax is first step towards fulfilling  Government’s pledge to raise price of carbon from €20 to €80 a tonne by 2030.

Budget 2020: Climate change the ‘defining challenge of our generation’, says Minister

   Minister for Finance Paschal Donohoe: “I will not commit to across-the-board tax cuts at this time of economic uncertainty”.

Budget 2020: Minister unveils only minimal changes to personal tax code

New car sales figures reflect the gradual shift to greener motoring. Photograph:  Florian Gaertner/Photothek via Getty Images

CSO figures show sales of electric vehicles rose by 157 per cent to 2,904 this year

‘The tool that the EU always uses is market discipline,’ according to chief economist at New York-based PineBridge Investments Markus Schomer.

Dose of market discipline may be needed to break deadlock, says leading economist

Kepak head of sales north America Joanne Farrelly, managing director  John Horgan, Minister of State for Food Andrew Doyle and Bord Bia chief executive Tara McCarthy at the announcement of the US venture.

Irish processor becomes first European meat firm to gain access to lucrative mince market

Accounts filed for the think tank show its director Alan Barrett earned a salary of €172,553 in 2018, marginally up on the previous year.

Accounts for think tank show it generated an income of €11.3 million last year

The Plumbase sale ‘secures future opportunities for Plumbase, its employees and other stakeholders as part of an enlarged specialist plumbing and heating business,” Gavin Slark, Grafton chief executive, says. Photograph: Nick Bradshaw

Builders’ merchant group says sale followed strategic review of business

The Parliamentary Budget Office said that in the event of an orderly Brexit or an extension beyond the October deadline, current economic growth indicators suggest an economy that may face a risk of overheating in the short to medium term. File photograph: Getty

Stark warning from Parliamentary Budget Office indicates no deal Brexit to cost €6.5bn

Former Tullow chairman Aidan Heavey. Tullow expanded rapidly in the 2000s through a series of acquisitions.  Its fortunes, however, turned sharply in 2014

Boru Energy to be headed by Heavey and Tom Hickey and will target assets in Africa

CSO data show number of people classified as unemployed was 126,900 in September

Gap exists despite fact men and women make similar percentage contributions to their pensions. Photograph: iStock

Irish Life research finds big differences in base salaries driving significant gender gap

Mortgage lending here increased in net terms by €30 million in August and by €1.1 billion year on year, or 1.5 per cent.

Central Bank figures show growth in mortgage lending driven by fixed-rate mortgages

Regulator issues prohibition notice against Michael Kearns

A breakdown of the latest figures shows the sectors with the largest month-on-month volume increases were motor trades (12 per cent ) and bars (10.6 per cent).

Latest positive figures come despite concern Brexit would dampen business

The Dublin Airport Authority (DAA) survey suggests few passengers believe the airlines will pass on any reduction in charges

Survey by DAA suggests passengers believe money should be invested in facilities instead

The move would extend Virgin’s reach by a third overnight. Photograph: Chris Ratcliffe/Bloomberg

Partnership would be a serious threat to Eir, which dominates regional markets

The ESRI revised down its housing completions forecast for this year from 23,500 units to 21,000.  Photograph: Chris Ratcliffe/Bloomberg

ESRI’s latest commentary predicts slowdown in housebuilding despite strong demand

Minister for Finance Paschal Donohoe has signalled he will have a budget day package of €2.8 billion  but will borrow more to fund contingency measures to deal with a no-deal Brexit if needed. Photograph: Brenda Fitzsimons

ESRI warns economy could fall into recession in event of disorderly Brexit

British prime minister Boris Johnson said in the House of Commons on Wednesday he had discussed  alternative arrangements for the post-Brexit border with Taoiseach Leo Varadkar in New York on Monday. Photograph: PA Wire

Supplementary budget may be needed if Brexit delivers sharp shock, think tank says

The CSO figures also indicate that while the gender differential in the participation rates between men and women here is falling, it remains wide

CSO figures show participation rate for women is 56% compared to 70% in Germany

Revenue Commissioners: “There is a real risk that other corporations will be deterred from investing in Ireland for fear that similar tax demands may be made against them in future.” Photograph: Nick Bradshaw

Edmund Burke Institute says Ireland’s reputation for tax certainty is being undermined

Eir denied there was an issue with the rollout of fibre to 300,000 homes. Photograph: Alan Betson

Rivals say they are unable to connect customers to company’s new fibre network

The OECD downgraded the economic forecasts for almost all of the countries it examined, citing trade tensions among the drivers. Photograph: iStock

Think tank suggests impact will be extremely negative even with smooth adjustment

The institute said that a person earning €75,000 pays eight times more personal tax (income tax, USC and social insurance) than someone earning €25,000. Photograph: Bryan O’Brien

Irish Tax Institute calls for tax base to be broadened amid mounting risks

Pascal Saint-Amans, the tax director at the Organisation for Economic Co-operation and Development speaking at the Irish Times/PwC Tax Summit.

OECD tax director also criticises State’s slow move to phase out ‘double Irish’ loophole

PwC/Irish Times tax summit: Minister says resources will be available to those in need

  Beef and sheep farms face ‘significant viability challenges’ as they rely heavily on subsidies from Brussels, according to a Central Bank analysis. File photograph: Jeff J Mitchell/Getty Images

Warning comes as Northern Secretary holds talks aimed at restarting Stormont assembly

The Society of Chartered Surveyors Ireland  said high levels of activity in the construction sector were having an inflationary impact on construction prices.

SCSI’s rebuilding cost guide shows average cost of rebuild in Dublin is nearly €208,000

Specialist beef production is the most common farm type or activity but also delivers the worst returns. Photograph: Alan Hopps via Getty

Central Bank research says beef and sheep farms the most economically vulnerable

New York Stock Exchange. US stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia’s crude facilities hit 5 per cent of the world’s supply. Photograph:  Johannes  Eisele/AFP/Getty Images

Markets report: Stocks slip, safe-haven gold and Japanese yen rise

The CSO said planning permissions were granted for 9,611 homes in the second quarter of 2019, 4,675 of which were apartments and 4,936 were houses.

CSO data point to big uptick in apartment developments in wake of new guidelines

Figure comes on the back of another surge in exports of medical and pharmaceutical products

Strong trading performance comes amid ongoing Brexit uncertainty

There were roughly two unemployed people for every job vacancy in Dublin, the study found. Photograph: Getty

Research suggests high-demand areas are finance, skilled construction, IT and health

Robert Watt: ‘The cost-benefit analysis of significant investment in rail, and I’ll get shot for saying this, is challenging.’ Photograph: Jenny Barker

Senior civil servant acknowledges State has had difficulties delivering big capital projects

Prof Kieran McQuinn of the ESRI said modelling the impact of a no-deal Brexit was extremely difficult. Photograph: Jenny Barker

ESRI’s Kieran McQuinn says uncertainty has cooled consumption and investment

First-time buyers Nikki Willis  and Rob Pallin: they   finalised the purchase of a property in Dublin last month

Latest CSO figures show the first fall in property prices in Dublin for seven years

The latest figures from the Central Statistics Office show residential property prices nationally rose by 2.3% in the 12 months to July. File photograph: Cyril Byrne

High-end market hit by Brexit uncertainty as people ‘scared to do anything’, says expert

US stocks gained in early trading on Thursday after the US delayed scheduled tariff hikes on billions worth of Chinese imports. Photograph: Reuters

Bond yields slip back on news of fresh European Central Bank stimulus measures

Latest figures rises in cost of clothing and footwear and insurance were main drivers

Latest Central Bank numbers show lenders were in possession of 1,407 principal dwelling houses at the end of June 2019. Photograph: iStock

Lenders took back 221 properties during the second quarter

Latest official data show prices in capital fell by 0.2 per cent in 12 months to July

LRSI said retail sales of its three brands in Ireland total about €93m annually, with Lucozade responsible for up to 60%.  Photograph: Rui Vieira/PA

Company says build up of plastic waste is no longer acceptable

The American Chamber said the burden of income tax imposed on Irish workers was a major barrier to attracting talent and incentivising staff. Photograph: iStock

US multinational lobby says State is globally uncompetitive for attracting staff

Pro-Brexit protesters outside the Houses of Parliament in London. Photograph: Facundo Arrizabalaga/EPA

Fiscal Advisory Council says Government may need to raise taxes in no-deal scenario

Minister for Finance Paschal Donohoe: bleaker outlook on Brexit since Boris Johnson became UK prime minister. Photograph: Nick Bradshaw/The Irish Times

Fiscal watchdog warns of Brexit leaving a major hole in Government finances

CPL Resources chief executive Anne Heraty says there is a strong demand in the technology sector. Photograph: Kieran Harnett

Recruiter enjoys strong 12-month period as labour market remains buoyant

Cignal Chairman Donal O’Shaughnessy and Cignal chief executive Colin Cunningham

Cellnex plans to invest €60 million to roll out up to 600 new sites by 2026 as part of deal

Irish drinks group gives update on its planned move to FTSE

Joachim Lang, director general of the Federation of German Industries (BDI): we reject any sort of expiry date attached to the backstop

Germany’s top business lobby says industry remains fully behind Ireland’s stance

A protest meeting over repossessions in 2011. According to Standard & Poor’s, the legal process for repossession can typically take as long as 42 months in Ireland. File photograph: The Irish Times

Banking & Payments Federation of Ireland cites ‘only 9,500 homes’ repossessed since 2009

‘Within six months we have made reliable high-speed broadband a reality for over 800,000 premises,’ says Imagine’s chief executive, Sean Bolger.

Company completes first phase of €300m investment in rollout of 5G broadband

‘Whatever happens with Brexit in the end is likely to be bad news for Ireland, assuming of course there isn’t a second referendum and the UK decides to stay in.’

Ireland, more than any other EU state, is at the mercy of events way beyond its control

A trader on the floor of the New York Stock Exchange shortly after the closing bell in New York. Photograph: Lucas Jackson/Reuters

Safe havens fall on increased risk appetite

Minister for Finance and Public Expenditure and Reform Paschal Donohoe at Government Buildings. File photograph: Alan Betson/The Irish Times

Corporation tax bolstering public finances, with 40% of receipts from few tech firms

More leeway: Minister for Finance  Paschal Donohoe has had some good news regarding his budgetary arithmetic.

Key issue is whether Minister for Finance will opt to plan for a crashout Brexit budget

According to Pawel Adrjan, economist at recruitment site Indeed,  we are getting closer to a level that may be viewed as full employment.

Latest monthly figures reflect continued growth in headline employment

A Tesla  Model S electric vehicle at the company’s showroom in Beijing, China. File photograph: Tomohiro Ohsumi/Bloomberg

Owners left stranded after app, which some use as keys, is taken down

If the UK manages to agree a deal, prices in London and Northern Ireland are still predicted to fall this year, by 4.7 per cent and 1.2 per cent, while most other regions will be largely unchanged. Photograph: Joe Giddens/PA Wire

KPMG report suggests Northern Ireland would be worst hit

Brexit protest: The UK’s exit from the EU is one of the big uncertainties facing the Irish economy. Photograph: Niall Carson/PA Wire

Data surrounding Irish economy remains positive, but recession clouds are looming

Sterling regained its poise somewhat on Thursday, trading at 90.5p against the euro, having previously traded at 91.2p the day before. Photograph: Daniel Sorabji/AFP/Getty Images

UK currency regains poise but three-month volatility gauge hits highest level in a year

Acting governor of the Central Bank of Ireland Sharon Donnery: important the State paid down its €200 billion national debt

Acting governor Sharon Donnery warns of need for fiscal prudence in face of growing risks

Workers in the information and communications sector had average weekly earnings of €1,212.57, followed by workers in the financial, insurance and real estate sector, who earned €1,140.09. Photograph: PA

CSO data show average weekly salaries rose by 3.5 per cent to €771.12 in second quarter

A record 2.3 million people are  now employed in the Irish economy.

Minister welcomes figures but warns of likely impact of no-deal Brexit on Budget plans

Sales of Irish whiskey have soared in recent years.

Association lodges several complaints with Food Safety Authority of Ireland

  Traders work on the floor of the New York Stock Exchange in New York. Photograph: Justin Lane/ EPA

Markets report: Trading volumes were thinned out by a UK holiday

Boris Johnson, UK prime minister with Emmanuel Macron, France’s president at their meeting in Paris. Photograph: Bloomberg

Bank of Ireland report highlights fraying nerves ahead of Brexit deadline

Irish consumer sentiment slumped to a near five-year low in July amid signs the United Kingdom may crash out of the European Union without a deal. Photograph: Alan Betson

Retail Ireland’s quarterly monitor suggests consumers are concerned about likely impact

27% of employees  believe Brexit will decrease future employment opportunities.

Survey by recruitment firm Hays suggests employees are less optimistic

InterTradeIreland found that just 6 per cent of cross-Border traders were prepared for cash-flow and liquidity issues in the event of a no-deal Brexit.

Research by InterTradeIreland suggests businesses are ignoring possible consequences

Industry sources said Mastercard Ireland  was seeking to lease between 150,000sq ft and 300,000sq ft of prime office space in Dublin. Photograph: Mark Lennihan/AP

Credit card giant said to have outgrown current Leopardstown home

Fly Leasing purchased two additional aircraft for $60.9m during the quarter, bringing its fleet to 98 aircraft and seven CFM engines on lease to 45 airlines in 25 countries. Photograph: iStock

Lessor sold seven aircraft for $18.9m during three-month period

 US stocks turned lower on Thursday as the first contraction in the manufacturing sector in nearly a decade and uncertainty about future interest rate cuts overshadowed an initial boost from upbeat retail earnings. Photograph: Reuters/Brendan McDermid/File Photo

Spanish banks rise on bullish HSBC note

The ABC figures show the Irish newspaper market continued to contract in the first half of 2019.

Latest ABC circulation figures skewed by absence of data for INM titles

Fibre-to-the-home products are only  available to less than 5 per cent of the State’s two million homes

Watchdog says ads for internet speeds must alert customers to level of availability

The Bank of Japan’s decision to reduce rates to zero to reboot Japan’s flagging economy in 1999 was seen as radical at the time and looked on by US and European central bankers as a kind of Japanese idiosyncrasy, not to be tried anywhere else

Japan is locked into negative rate regime 20 years after reducing rates to zero

The cost of the NBP, which aims to connect some 540,000 rural homes and businesses to high-speed broadband, is now projected to be in the region of €3 billion

Additional funding for National Broadband Plan to come from ‘future revenues’

The increase in household wealth over the first quarter of 2019 was driven by households’ financial assets, which rose by €13.7 billion. Photograph: Alan Betson

Net worth of households hits record €772 billion, Central Bank figures show

The latest official trade numbers show Irish goods exports fell in value by 14 per cent to €11.5 billion in June. Photograph: Alan Betson

Latest trade numbers come amid signs global downturn may be on the way

The rapid slowdown in property price inflation has been linked to the pick-up in the supply of new homes. Photograph: Cyril Byrne

Latest official figures show headline rate of inflation in Dublin was just 0.1% in June

According to the CSO, 4,920 new homes were completed between April and June, a near 12 per cent increase on last year. Photograph: Alan Betson

Gradual improvement in supply has tamed inflation, Savills analyst says

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