Business News

Electric Ireland is to decrease gas prices for 140,000 customers by 4% from the beginning of November, while there will be no increase for the company’s 1.1 million electricity customers ahead of the winter. The announcement from the country’s biggest energy supplier will be welcomed by consumers, who had been bracing for further price rises…

Irish construction activity continued to fall last month, according to AIB’s latest Construction Purchasing Managers Index. The headline seasonally adjusted figure fell to 45.9 in August, down from 47.1 in July, as firms signalled a renewed reduction in new business activity. It is the fourth successive month where the Construction Total Activity Index was below…

Madrone Partners-backed StubHub is targeting a valuation of up to $9.2 billion in its US initial public offering, the ticket reseller said, becoming the latest company to resume listing plans delayed in April due to tariff uncertainty. The New York-based firm is seeking up to $851m by offering 34 million shares priced between $22 and…

Ireland’s fiscal watchdog has warned that the Government is planning to spend too much money in next month’s Budget. The Irish Fiscal Advisory Council (Ifac) said that a “more restrained approach would help avoid overheating the economy and leave room to respond to future downturns”. The organisation said a total spending increase of €9.4 billion…

Becoming mortgage free is a huge achievement, but it also comes with new responsibilities – including deciding where to keep your house deeds. These important documents prove your legal ownership, and with some solicitors no longer offering storage services, homeowners are often left to figure out the next steps on their own. We’ve been taking…

The Small Firms Association (SFA) has called on the Government to introduce measures in the Budget to tackle the cost of doing business such as high labour costs. The SFA has also renewed its call to for the introduction of a temporary PRSI rebate when Budget 2026 is announced next month. The measure is among…

AIB, Bank of Ireland, and PTSB have announced joint plans to launch a person-to-person mobile-payment service to rival fintech banks such as Revolut and N26. The new offering, called Zippay, will be an in-app service available through the banks’ existing mobile banking apps. Customers will be able to send, request, and split payments instantly by…

Several Irish tech companies are reporting more interest in their products since Europe’s move to boost defence spending. Spurred by the war in Ukraine and a US push for its allies to take greater responsibility for defending their countries, many European nations announced new defence spending targets and initiatives this year. Limerick start-up Provizio, a…

The amount the State pays in interest on the country’s borrowings is going to rise in the coming years, a new report from the Department of Finance has warned. The Annual Report on Public Debt says that Ireland owed €218 billion at the end of last year. It amounts to €40,500 per person, which the…

The Taoiseach has said the Government will set out further ways next week “to reduce the cost and regulatory burden on businesses”. Micheál Martin said the measures will form part of “a coordinated series of actions across Government” as part of an action plan on competitiveness and productivity. He said there will also be actions…