Business News

Gold zooms past $4,000 for first time in historic flight to safety

9th October 2025

Gold raced past $4,000 an ounce for the first time today as investors piled into a historic rally in the safe-haven asset to hedge against global economic and geopolitical uncertainties, while also betting on US interest rate cuts. Spot gold was up 1.3% at $4,034.73 per ounce today, while US gold futures for December delivery […]

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Cost of petrol, diesel up as some Budget measures come into effect

9th October 2025

Some Budget measures announced in the Dáil yesterday came into effect at midnight. Yesterday evening, TDs voted to reduce the VAT rate on the sale of completed apartments to 9% from 13.5%. Also from midnight, around two-and-a-half cent has been added to the cost of a litre of petrol and diesel, while tobacco products have […]

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Housing asking price growth ‘softening’, report says

9th October 2025

The pace of growth in asking prices for houses and apartments appears to be softening, according to the latest report from property website My Home in conjunction with Bank of Ireland. The report for the third quarter of 2025 said asking prices nationally are up 5.7% over the past year, rising by 4.8% in Dublin […]

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Google launches new AI mode search tool in Ireland

8th October 2025

Google has announced the rollout of its AI mode in Ireland. The company has described the new tool as its most powerful AI search experience with more advanced reasoning and multimodality. From today, AI mode will appear as a tab on the search results page and in the Google app for Android and iOS. Google […]

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Government uses Budget tax changes to try to fix housing

8th October 2025

This Budget has a lot of significant measures aimed at addressing the housing crisis. The largest step will be reducing the VAT on sale of apartments from 13.5% to 9%. The idea is that it would kick start stalled projects which have received planning but have not proceeded because they are not currently financially viable. […]

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Cost of petrol, diesel up as some Budget measures come into effect

8th October 2025

Some Budget measures announced in the Dáil yesterday came into effect at midnight. Yesterday evening, TDs voted to reduce the VAT rate on the sale of completed apartments to 9% from 13.5%. Also from midnight, around two-and-a-half cent has been added to the cost of a litre of petrol and diesel, while tobacco products have […]

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Petrol and diesel to rise 2.5c per litre due to carbon tax increase, no electricity credits in 2026

7th October 2025

There will be no one-off energy credits next year while increases in carbon tax will add around 2.5c to the cost of a litre of motor fuels from tomorrow. Between April 2022 and February 2025, Irish households received nine credits to their electricity bills, worth €1,500 and costing the State almost €3bn. However, as expected, […]

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Funding for TB eradication programme doubled in Budget

7th October 2025

A total of €2.3bn has been allocated to the Department of Agriculture, Food and the Marine for 2026. Aside from the €85m in additional funding for bovine TB eradication, there will be a €20m increase in spending on the ACRES scheme, with funding to reach €280m in 2026. The scheme supports over 53,000 farmers in […]

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At a glance: Here are the key points from Budget 2026

7th October 2025

The Government has described Budget 2026 as “sensible” and one which will “protect jobs and protect growth” in Ireland given an uncertain global economy. But some Opposition members have described it as “very disappointing”, with “ordinary people left in the cold” given a lack of a distinct cost-of-living package and no changes to personal income […]

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Dept of Health budget to provide for 3,300 extra staff

7th October 2025

A record level of total funding of €27.4bn will be allocated to the Department of Health for 2026. The overall health budget next year will be over €27.3bn, which includes current and capital spending. It represents an increase of €1.5bn or 6.2%. Day to day spending will be over €25.7bn – an increase of 5% […]

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