Neil Gibson

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Household deposits rose by €3bn  in April, followed by growth of €1.5bn  in May, according to Central Bank figures. That is the biggest increase since records began in 2003

Our reaction to shock is fight, flight or freeze, psychologists say. When it comes to our spending, the pandemic’s upending of life as we know it has (...)

If the State is subjected to a  period of disruption lasting until the end of August, the economy could shrink  13.1%, with potentially 318,000 people losing their jobs. Photograph: Getty Images

The Irish economy could contract by as much as 13 per cent this year with 318,000 people losing their jobs in the event of a prolonged period of econo(...)

It is unsurprising that a flash look at European consumer confidence earlier this month found levels had “plummeted” by five points in the euro zone and by 4.5 points across the wider EU. Photograph: Getty Images

MONDAY Indicators: Euro zone business and consumer confidence (March), economic, industrial and services sentiment (March), consumer inflation expect(...)

You don’t need to be an expert to predict the likely impact of confining consumers to their homes for an extended period. We’re already surrounded by empty shops and closed businesses

The economy we lived in last month has vanished. Full employment, budget surpluses, rainy day funds – forget them, they’re gone. The coronavirus has (...)

A near-deserted Grafton Street in Dublin. File photograph: Dave Meehan

The Government is finalising its package to support employees and businesses through the coronavirus crisis against a backdrop of increased fears abou(...)

EY expects the Irish economy to grow by 3.4% this year. Photograph: iStock

The economy will grow by 3.4 per cent this year before moderating in the years to come, professional services firm EY said as it revised its forecasts(...)

The EY report found the rate of relocation has fallen “significantly” in the past quarter.

Some 29 financial services (FS) companies have relocated staff or services from London to Dublin as a result of Brexit, according to a new report. Thi(...)

The Northern Ireland economy is projected to contract by 0.6%  next year under a no-deal scenario. Photograph: Getty Images

EY sees Irish economic growth falling back to 3.7 per cent in 2019, and being slashed to 1.3 per cent next year in the event of a no-deal Brexit, befo(...)

Metal cables and  the Samson crane at the Harland and Wolff shipyard in Belfast.  It is  remarkable that the business, which once employed more than 30,000 people but has not built a ship since 2003, survived this long.  Photograph: Liam McBurney/PA Wire

Harland & Wolff (H&W) going into administration is being billed as a symbol of the end of the super-employer era in Northern Ireland. It is a(...)

Central Dublin. EY noted that Ireland remained a “highly attractive” destination for foreign direct investment for companies moving operations out of the UK.  Photograph: iStock

One of the “big four” professional services firms has increased its growth forecast for the State’s economy in light of strong corporate tax receipts (...)

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