Economy

UK Retailers Turn Positive On Sales Hopes After Bleak Winter

British retailers reported their first positive sales expectations in seven months.

Amazon Deepens Tech-Sector Gloom With Another 9,000 Layoffs

Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain e...

UK Consumer Morale Wilts Under Cost-Of-Living Crisis

Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat...

Irish Services Growth Hits Highest During Pandemic: PMI

A surge in new orders from home and abroad spurred the sharpest rate of growth in Irish services activity since the COVID-19 pandemic began in March, while...

Garden Party Plans Help Push Up UK Retail Sales

British retail sales rose in February, helped in part by consumers buying outdoor furniture ahead of a partial relaxing of coronavirus restrictions which w...

Irish Gross Domestic Product Grew 6.7% In 2018, Best In EU Again

Ireland's gross domestic product grew 6.7% in 2018, making it the European Union's fastest-growing economy for the fifth consecutive year, although the fig...

SeaFest Confirmed For Cork For The Next Three Years

Maritime festival SeaFest will take place in Cork for the next three years, from 2019 – 2021. Cllr Mick Finn,Lord Mayor of Cork, said: "When...

EU Commission Forecasts Strong GDP Growth For Ireland

The European Commission has revised Ireland’s economic growth forecasts for both this year and next year, and it is expecting increased GDP growth....

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Minimum Wage Increase 'At Odds With Economic Evidence'

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