Posts by splash
UK seeks ‘more realism’ from EU ahead of Brexit talks
The UK has demanded “more realism” from the European Union ahead of crucial post-Brexit trade talks, which get under way in London. However, the mood was soured by reports that the British government was looking to rewrite the Withdrawal Agreement that the two sides have already signed. British Prime Minister Boris Johnson’s chief negotiator David […]
Read MoreEurozone economy stalls as north-south divide emerges
The euro zone’s recovery ran out of steam midway through the third quarter, with gauges of activity pointing to contractions in Italy and Spain. While manufacturing output rose markedly in August, the larger services sector saw only marginal growth, according to an IHS Markit report. Orders increased at a slower pace, job cuts continued and […]
Read MoreEurozone economy stalls as north-south divide emerges
The euro zone’s recovery ran out of steam midway through the third quarter, with gauges of activity pointing to contractions in Italy and Spain. While manufacturing output rose markedly in August, the larger services sector saw only marginal growth, according to an IHS Markit report. Orders increased at a slower pace, job cuts continued and […]
Read MoreMost firms are not ready for Brexit’s extra trade burdens
Most Irish firms still aren’t ready for the extra customs costs and workload of Brexit trade, according to Chartered Accountants Ireland. A quarter of firms surveyed by the professional body say they have been “unavoidably diverted” by the Covid-19 crisis. The findings come ahead of tomorrow’s resumption of talks in London between UK and EU […]
Read MoreMost firms are not ready for Brexit’s extra trade burdens
Most Irish firms still aren’t ready for the extra customs costs and workload of Brexit trade, according to Chartered Accountants Ireland. A quarter of firms surveyed by the professional body say they have been “unavoidably diverted” by the Covid-19 crisis. The findings come ahead of tomorrow’s resumption of talks in London between UK and EU […]
Read MoreConstruction output slumps 42.5% in second quarter – CSO
New figures from the Central Statistics Office show that construction production slumped by 42.5% in the second quarter of 2020 compared to the previous three month period as Covid-19 restrictions closed down most buildings sites for some months. The CSO said this marked the largest quarterly decrease since the index began. The biggest quarterly decline […]
Read MoreConstruction output slumps 42.5% in second quarter – CSO
New figures from the Central Statistics Office show that construction production slumped by 42.5% in the second quarter of 2020 compared to the previous three month period as Covid-19 restrictions closed down most buildings sites for some months. The CSO said this marked the largest quarterly decrease since the index began. The biggest quarterly decline […]
Read MoreGermany plans to borrow €80bn to see out Covid crisis
German Finance Minister Olaf Scholz is working on a budget for next year that would see Berlin take on net new debt of at least €80bn to fund more measures in the fight against the coronavirus pandemic, a source familiar with the matter said yesterday. The move underlines Mr Scholz’s determination to move Germany further […]
Read MoreResilient taxes can’t match ballooning Government spending as €9.452bn defecit recorded
The amount of tax being collected by the State has continued to defy the scale of the pandemic economic crash but nowhere near enough to fund ballooning spending, new Exchequer data shows. The State recorded a deficit of €9.452bn for the nine months to the end of August as government spending dramatically outstrips income. Tax […]
Read MoreEurozone economy stalls as north-south divide emerges
The euro zone’s recovery ran out of steam midway through the third quarter, with gauges of activity pointing to contractions in Italy and Spain. While manufacturing output rose markedly in August, the larger services sector saw only marginal growth, according to an IHS Markit report. Orders increased at a slower pace, job cuts continued and […]
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