Business News

Service sector activity rises at strongest rate in 6 months

3rd October 2024

Activity in the service sector increased at the strongest rate in six months in September as cost pressures eased, new data shows. The latest AIB Global S&P Purchasing Managers’ Index (PMI) shows that growth of both new business and employment moderated. But outstanding work increased, and the 12 month outlook rebounded since August. The index […]

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Unemployment rate of 4.3% for September – CSO

3rd October 2024

New figures from the Central Statistics Office show that the unemployment rate stood at 4.3% in September, down from a revised rate of 4.5% the same month last year. The CSO also said today that the unemployment rate for August was revised to 4.4% from 4.3%. Today’s figures show that the monthly unemployment rate in […]

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Western Region ‘continues to lag other regions’, says development commission

3rd October 2024

A landmark report commissioned by the Western Development Commission (WCD) has found critical challenges facing the western and north western region in the areas of infrastructure, housing and income. The report found that average disposable income in the region is over €3,000 below the national average. New house completions in the western region fell from […]

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Inheritance tax free thresholds to increase

2nd October 2024

The amount that can a person can receive as a gift or inheritance from a relation before having to pay Capital Acquisitions Tax will be increased as part of Budget 2025. The Group A threshold for CAT, which includes gifts or inheritance from parents to their children, will rise from €335,000 to €400,000. The Group […]

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Dáil votes through some elements of Budget 2025

2nd October 2024

The Dáil has voted through elements of Budget 2025. These include excise on tobacco products and changes to value added tax, capital acquisitions tax and stamp duty. Each came into force at midnight. Taoiseach Simon Harris said Budget 2025 was the last of this Government’s mandate and he was looking forward to going to the […]

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The latest from the 2025 Budget Announcement

1st October 2024

For the latest information from the 2025 Budget Announcement, please visit RTE: https://www.rte.ie/news/2024/1001/1472893-budget-2025-politics/

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Auto-enrolment pension scheme to begin in September 2025

1st October 2024

The Government’s new auto-enrolment pension scheme will begin on 30 September 2025. The new start date was agreed by the Cabinet this week, and revealed by the Minister for Social Protection Heather Humphreys speaking on RTÉ’s This Week programme. The scheme will mean that 800,000 workers will be automatically added into a private pension scheme, […]

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Budget 2025: Here’s what we know so far

1st October 2024

The Budget for 2025 will be announced this afternoon. Coalition leaders met yesterday evening to finalise the details. Here’s what we know will be included so far. The point at which people pay the higher rate of tax of 40% is expected to increase from €42,000 to €44,000. This will be largely to take account […]

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Budget set to contain ‘Universal Companion Pass’

1st October 2024

The Cabinet will meet at Government Buildings this morning to approve Budget 2025, which was finalised by the coalition leaders last night. Minister for Finance Jack Chambers and Minister for Public Expenditure and Reform Paschal Donohoe will announce the details in the Dáil at lunchtime. It is expected parents will be significant beneficaries of the […]

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Auto-enrolment pension scheme to begin in September 2025

30th September 2024

The Government’s new auto-enrolment pension scheme will begin on 30 September 2025. The new start date was agreed by the Cabinet this week, and revealed by the Minister for Social Protection Heather Humphreys speaking on RTÉ’s This Week programme. The scheme will mean that 800,000 workers will be automatically added into a private pension scheme, […]

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