Business

Last year

2022

Disposable incomes to fall for the first time since 2012 amid rampant inflation, economists say

The combined impact of higher prices and greater uncertainty in global trade from the war in Ukraine is likely to weaken Irish growth this year.

37.0k

Updated

Mar 23rd 2022, 10:00 AM

# Job Losses

P&O Ferries staff refuse to leave ships after company makes 800 workers redundant

In a statement, the company said that in its current state, “P&O Ferries is not a viable business.”

66.6k

Updated

Mar 17th 2022, 3:50 PM

# Cost of Living

Lower-income customers face 'real difficulty' from rising energy bills, says regulator

The chair of the Commission for the Regulation of Utilities said it is exploring every option.

16.4k

Mar 16th 2022, 11:34 AM

Sponsored

Worried about your child being bullied online? Here’s some helpful advice

Cyberbullying can happen to anyone. It’s always wrong and it should never be overlooked or ignored.

# regulations

Ban on insurance 'price walking' from July but new customer discounts still allowed

The regulations were the result of a review by the Central Bank of the use of differential pricing.

33.4k

Mar 15th 2022, 12:01 PM

# pay at the pump

Fuel price crisis: Industry denies profiteering as hauliers set to receive €100-a-week grant

Micheál Martin said there was concern across Europe at high fuel prices, as Paschal Donohoe said he backed Martin’s comments.

37.6k

Updated

Mar 11th 2022, 5:30 PM

# CCPC

Taoiseach says fuel price gouging 'morally reprehensible' as watchdog receives 25 more complaints

It comes after allegations of price gouging by service station chains were aired in Dáil Éireann yesterday.

94.7k

132

Updated

Mar 10th 2022, 6:25 PM

# Ukraine

Billionaire Russian owner of Co Limerick aluminium plant named on UK sanctions list

Auginish Alumina employs 450 people in the Askeaton area of Co Limerick.

78.8k

Mar 10th 2022, 12:21 PM

# Inflation

Cost-of-living crisis: Consumer prices up by 5.6%, the largest increase in 21 years

The last time the CPI was this was was in April 2001.

10.3k

Mar 10th 2022, 11:53 AM

# energy crunch

'Panic buying will only make the situation worse,' say Ireland's oil and fuel suppliers

Oil suppliers are limiting the amount they are selling to high volume customers.

16.6k

Mar 8th 2022, 2:58 PM

# Morning Memo

Nervous times for Irish households and businesses as supply anxieties roll through markets

Market ructions, gas rationing and 1970s-style inflation fears hit the headlines.

16.1k

Mar 8th 2022, 12:01 PM

# food supplies

The price of wheat is soaring and the world is already feeling it

Poorer countries are feeling it the most.

35.6k

Mar 7th 2022, 1:13 PM

# cost of living crisis

The €200 electricity rebate should be applied 'next month' as President Higgins signs law

The government is also providing advice to customers who hardship prepay meters.

19.4k

Mar 7th 2022, 8:49 AM

# Anti-Fraud

Tougher rules for online card payments could affect customer subscriptions going through

Higher security standards will come into effect for certain card payments from tomorrow.

41.6k

Mar 7th 2022, 6:37 AM

# Ukraine

Ireland 'engaging' with EU on proposal to ban Russian ships from docking at European ports

Russian trade is facing severe disruption as a consequence of sanctions announced this week.

15.8k

Mar 4th 2022, 5:17 PM

# Ukraine

Explainer: How reliant is Ireland on Russian energy - and why are gas and oil prices rising?

“When it comes to a global energy shortage, the implications are far more devastating in developing countries,” one economist said.

65.6k

Mar 3rd 2022, 1:52 PM

# Banking

AIB returns to profit as discussions underway to buy back some State shares

The bank will pay out €213 million to shareholders, including the State.

10.2k

Mar 3rd 2022, 12:41 PM

# IFSC

Three Irish-registered firms linked to Russian banks or people who've been sanctioned, says Taoiseach

Micheál Martin was speaking in response to a question from Catherine Murphy TD.

37.5k

Mar 1st 2022, 4:24 PM

# Ukraine

Morning Memo: Western sanctions heap pressure on Russian banks

Russia’s currency has depreciated rapidly in the past few days of trade.

16.4k

Mar 1st 2022, 10:56 AM

# The Banks

Bank of Ireland reports a pre-tax profit of €1.4 billion for 2021

Bank of Ireland CEO Francesca McDonagh said it delivered its “strongest performance since the global financial crisis”.

18.0k

Feb 28th 2022, 11:04 AM

# Ukraine

SWIFT exclusion the most 'disruptive sanction' against Russia

Swift is a discreet but important cog in the machinery of international finance.

36.4k

Feb 27th 2022, 12:21 PM

# Frances Haugen

Facebook whistleblower tells TDs that harm from metaverse 'could be worse'

Facebook employee-turned-whistleblower Frances Haugen has made a number of blistering claims about the social network.

22.4k

Feb 23rd 2022, 4:42 PM

# security guards

Tesco security staff given extra week to decide between severance and moving to new company

Earlier this month almost 100 Tesco security workers were told their jobs could be lost by the end of February.

46.8k

Feb 23rd 2022, 11:34 AM

# Data Breach

Data leak reveals Credit Suisse bank accepted 'autocrats, war criminals and human traffickers'

German daily newspaper Sueddeutsche Zeitung received the data last year.

29.3k

Updated

Feb 21st 2022, 10:39 AM

# Job Losses

'Good job in the pandemic lads, now you're gone': Tesco security guards shocked at job losses

Almost 100 Tesco security workers face losing their jobs by the end of the month.

Almost 100 Tesco security workers face losing their jobs by the end of the month, Órla Ryan reports

Security guards said they were verbally abused and spat on during the pandemic and have now been made to feel "disposable"

"I've worked for this company since I was 16 years of age, I literally do not know anything else," one man told us

104k

Updated

Feb 16th 2022, 12:05 AM

# Brexit

Irish exports hit their highest-ever level in 2021 while trade with Northern Ireland surged

Imports and exports to and from Northern Ireland both rose by nearly €4 billion.

10.5k

Feb 15th 2022, 4:01 PM

# Jobs

Irish utility contracting firm to create 150 new jobs

Gaeltec provides specialist contracting support to public and private companies rolling out or upgrading energy and telecoms infrastructure.

26.7k

Feb 14th 2022, 6:56 AM

THE MORNING LEAD

'Financially, I'm in a pickle': Your stories of coping with the cost-of-living squeeze

A report by

Ian Curran

We asked readers to share their stories with us. Here’s what they told us.

The Journal asked readers to share their stories about the impact of rising prices and household costs.

Irish consumer prices rose 5.7% in the year to the end of December last.

This week, the Government unveiled a package of one-off measures aimed at protecting low and middle income earners.

80.7k

Feb 13th 2022, 12:05 AM

# Non-fungible tokens

NFTs remain a mystery to most Irish people but a quarter would consider buying one

Polling by Red C on behalf of The Journal has found the digital assets are a long way from being mainstream.

20.9k

Feb 12th 2022, 9:00 AM

# Bills Bills Bills

Explainer: Who benefits from the €200 electricity rebate and how do I make sure I do?

A quick guide to the new electricity credit scheme.

94.1k

Feb 11th 2022, 12:56 PM

# Gaming

Wordle moved to New York Times website and winning streaks reset

Users who navigate to the game’s original home – powerlanguage.co.uk – are now redirected to the NYT website.

16.6k

Feb 11th 2022, 8:03 AM

# your stories

Are you struggling with the rising cost of living in Ireland? We want to hear your story

We want to get a sense of how Irish households are coping at the moment – here’s how you can take part.

15.9k

Feb 10th 2022, 3:52 PM

# Inflation

Targeted welfare payments would ease cost of living pressure on lower-income workers, experts say

The Government is to unveil a “substantial” package of measures tomorrow, the Tánaiste told Fine Gael TDs.

39.4k

Updated

Feb 9th 2022, 9:14 PM

THE MORNING LEAD

Traditional remedies might not work. So how will we cure the surging cost of living?

A report by

Ian Curran

Almost everything is more expensive than it was a year ago, from energy to fuel to bathroom fittings and Big Macs.

Usually, governments might cut public spending and central bankers could hike interest rates in response.

But economists say the logic of traditional remedies is 'debatable' in the unprecedented context of the pandemic.

29.8k

Feb 6th 2022, 12:05 AM

# Prime rise

Amazon raises price of Prime membership despite soaring profits

Shares in the online giant rose nearly 17% in after-market trading.

47.8k

Feb 4th 2022, 7:38 AM

# vimes boots

Explainer: Why is everything more expensive?

In Ireland and across Europe, prices have risen sharply over the past year as economies have reopened.

40.0k

Feb 4th 2022, 7:30 AM

# covid flying

Ryanair ranked worst short-haul airline for Covid refunds

The carrier received a refund satisfaction score of just 47% in a survey by consumer group Which?

16.2k

Feb 3rd 2022, 8:13 AM

# price pressures

No let up in cost of living surge in January as Eurozone inflation hits a record high

Amid heightened anxiety over inflation, the European Central Bank’s Governing Council will meet tomorrow.

9.4k

Feb 2nd 2022, 12:20 PM

# digital banking

Revolut takes 'first steps' toward offering loans and bank accounts to Irish users

The digital challenger bank is increasing its offering to Irish customers as Ulster Bank and KBC Bank move to exit the market.

37.0k

Feb 1st 2022, 1:28 PM

# PTSB

Permanent TSB apologises after 'technical issues' meant some customers didn't get wages

The issue has since been resolved.

28.0k

Jan 29th 2022, 12:11 PM

# coining it

Ireland's advertising watchdog aware of 'increasing concern' over misleading cryptocurrency ads

Spain and the United Kingdom have both unveiled new rules aimed at tightening advertising standards for crypto-assets.

32.9k

Jan 22nd 2022, 8:00 PM