Bank Of England

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The Bank of England researchers said even with a significant supply response, the jump in real house prices since 1985 wouldn’t have been that much less, and that the real driver of prices was cheap credit. Photograph:  Sam Boal/Photocall Ireland

Chronic undersupply is frequently blamed for pushing up house prices. It’s the dominant narrative here. But a recent Bank of England study suggests th(...)

US stock index futures hit new all-time highs on Friday, with investor optimism bolstered by an upbeat set of US corporate earnings reports and indications of resilience in the Chinese economy.

European shares clocked a record closing high on Friday after European Union trade commissioner Phil Hogan struck a positive tone on talks with Washi(...)

Annual growth in retail sales volumes dropped to 0.9 per cent

British consumers failed to increase their spending in December for a record fifth month in a row, adding to signs of a weakening economy that might p(...)

Bucking the trend, housebuilders were in vogue, with Cairn Homes up 0.8 per cent at €1.30, while Glenveagh Properties increased by 0.2 per cent to 87c.

Ireland’s Iseq stocks index declined on Wednesday, dragged down by market heavyweights AIB and Ryanair, as global markets were generally underpinned a(...)

Building materials group CRH rose more than 1%  in Dublin to €35.40

European shares fell on Monday as carmakers took a hit from a Chinese sales forecast. London’s main stock index gained, however, as investors took hea(...)

Tánaiste Simon Coveney on  the BBC’s  Andrew Marr Show on Sunday.

Passing law to prevent the extension of Brexit negotiations will not force the EU to rush into a deal, Tánaiste Simon Coveney has warned. Mr Coveney (...)

Cairn Homes, which said it had sold more than 220 Dublin dwellings  to an investment firm-backed landlord for €78m, finished up 0.6%  at €1.30

European shares fell modestly on Friday on weaker-than-expected US jobs growth, but travel and leisure stocks gained after Ryanair raised its profit f(...)

 Outgoing Bank of England governor Mark Carney: he is due to become the UN  special envoy for climate change next year. Photograph: Getty Images

Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of E(...)

Andrew Bailey:  said he was honoured   to take over from Mark Carney as head of the Bank of England, ‘particularly at such a critical time for the nation as we leave the European Union’.  Photograph: Simon Dawson/Bloomberg

Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London’s most experienced regul(...)

Sterling has  giving up all its post-election gains on fears  Britain may still leave the EU without a trade deal at the end of next year. Photograph: Getty Images

Sterling hit two week lows on Thursday after giving up all its post-election gains on fears that Britain may still leave the EU without a trade deal a(...)

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