Bank of Ireland reports strong recovery in H1

Bank of Ireland is reporting a strong recovery in its business performance with a €465 million underlying profit before tax, according to the bank’s interim results for the first half of the year. The bank reports a net credit impairment charge of €1 million at the end of June compared to €937 million in H1 […]

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Bank of Ireland reports strong recovery in H1

Bank of Ireland is reporting a strong recovery in its business performance with a €465 million underlying profit before tax, according to the bank’s interim results for the first half of the year. The bank reports a net credit impairment charge of €1 million at the end of June compared to €937 million in H1 […]

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Manufacturing sector maintains rapid growth in July but cost pressure remain

The manufacturing sector continued to grow at a rapid pace in July, albeit at a slower rate than the previous two months. According to AIB’s latest monthly check on conditions in the manufacturing sector, new order growth hit another record high for the third month running. Output, while up, was partly constrained by ongoing supply […]

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Used cars holding value and may even be appreciating – DoneDeal

Used cars in Ireland are now holding their value better than any time in the recent past, DoneDeal claims in its latest Car Price Index. The car website cites analysis undertaken by the TCD and NUIG Economist Dr Tom Gillespie which shows that limited supply and intense demand has meant that cars are currently holding […]

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In-store spending on credit and debit cards jumps in June – Central Bank

There was a fall in online spending as consumers returned to shops and spent more on their credit and debit cards in-store in June, according to statistics from the Central Bank. Spending on cards in-store increased by 10%, or €304 million, last month compared to May, while online spending fell by 5%, or €133 million. […]

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Construction sector bounces back in second quarter – CSO

The construction sector bounced back in the second three months of this year with the lifting of Covid-19 restrictions, according to the Central Statistics Office. The completion of houses and apartments is now running at a higher rate than the same period two years ago. The CSO’s New Dwelling Completions for the second quarter of […]

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Best first half for .ie domain registrations – report

A total of 33,815 new .ie domains were registered in the first six months of 2021, according to the latest .IE Domain Profile Report. That was up 1.6% on the same period last year and marked the best first half-year period on record for new .ie domain registrations, the report from the company that manages […]

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NAMA made €20m profit in first three months of 2021

The National Asset Management Agency recorded a €20m profit in the three months to the end of March, according to accounts submitted to the Oireachtas. The State body had revenues of €114m in the period, the majority of which came from the sale of loans and collateral relating to properties. NAMA said it was holding […]

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Retail sales rose 3.3% in June, CSO figures show

Retail sales volumes grew 3.3% in June compared to the previous month after restaurants and bars were allowed to serve customers outdoors for the first time this year. Sales were 10.6% higher than the same month a year ago, when stricter curbs were in place, and 13% up on pre-pandemic levels in June 2019. Non-essential […]

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