More than a third of FDI in 2019, equating to €314bn, was so-called “phantom” capital, passing through the jurisdiction to finance operations elsewhere.  Photograph: Getty Images

The stock of foreign direct investment (FDI) in Ireland exceeded €1 trillion for the first time in 2019, according to the Central Statistics Office (C(...)

The decline in inequality was driven by strong employment growth over the period – the 2008 financial crisis being an exception – and the State’s progressive tax and benefit system.   Photograph: Dara Mac Donaill

The Republic appears to be one the few developed countries that has avoided an increase in income inequality over the past three decades, according to(...)

The 1.1 per cent increase was driven by increases in the cost of housing, water, electricity, gas and other fuels. Photograph: Collins

Consumer price inflation rose to 1.1 per cent last month – the highest level in more than a year – as the partial lifting of Covid-related restriction(...)

FBD claims it has been proactive in reflecting the impact of new guidelines for personal injuries in the prices charged to customers. Photograph: iStock

Insurer FBD said on Wednesday that its average private motor premiums have dropped by 5 per cent so far this year in what it described as a “competiti(...)

The number of people on the live register or claiming the PUP fell by almost 10 per cent in April amid the lifting of certain Covid-19 restrictions.

There were just over 900,000 people – about 40 per cent of the Irish workforce – on some form of income support in March. Central Statistics Office ((...)

Those under 24 made up 47 per cent of the 4,046 cases linked to outbreaks recorded in the four weeks up to April 30th, CSO figures show.  Photograph: iStock

Young people under 24 years of age accounted for nearly half of all Covid-19 cases linked to outbreaks last month, according to new figures from the C(...)

The number of scheme dwellings was down 21 per cent from 2,842 to 2,245

The number of new homes built fell by 20.1 per cent in the first quarter compared to the same period a year ago due to the Covid crisis and its associ(...)

“Latest unemployment statistics continue to reflect the devastating impact of the pandemic on the economy,” says the  Grant Thornton chief economist. Photograph: iStock

Ireland’s Covid-adjusted unemployment rate stood at 22.4 per cent in April, down slightly on the previous month. The latest figures from the Central(...)

Minister for Housing Darragh O’Brien said the shared-equity scheme would support “hard-pressed first-time buyers to purchase homes in private developments”. Photograph Nick Bradshaw

The Government was warned that its new shared-equity loan scheme could end up inflating house prices ahead of the budget last year where the sche(...)

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

The proportion of businesses in the Republic availing of Covid-related income supports or wage subsidies peaked at 57 per cent last April, according t(...)

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