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Fall in mortgage approvals but market shows resilience

The number of new mortgage approvals in May was nearly 62% lower than the same month last year. According to ...
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IMF lowers 2020 growth forecasts again amid Covid-19 crisis

The International Monetary Fund has further lowered its forecasts for global economic growth this year.   In its World Economic Outlook ...
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Global trade to shrink 18.5% in Q2, defying worst fears – WTO

Global trade is expected to drop around 18.5% year-on-year in the second quarter of 2020 in a huge coronavirus-driven plunge ...
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Ibec calling for ‘dramatic intervention’ to save businesses

A Government fund aimed at helping small and medium-sized enterprises to reopen and rebuild – as the Covid-19 pandemic restrictions are ...
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Consumers spent €600 million using contactless payments in May

The impact of Covid-19 on how consumers are spending is recorded in the latest figures from the banking sector. In ...
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50% of restaurants face closure without emergency grant aid package

A new report warns that up to 50% of restaurants in Ireland face closure unless an emergency grant aid package ...
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Crucial six months ahead for SME sector

Decisions taken in the next six months will impact the small and medium enterprise sector for the next five years, ...
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Numbers on Pandemic Unemployment Payment fall again

465,900 people are now receiving the Covid-19 Pandemic Unemployment Payment – a drop of 32,800 over the last week. This ...
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Air freight rates head back to earth as virus-driven boom cools

An air cargo boom driven by demand for protective gear against the coronavirus has peaked. Rates, while still 50% above ...
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