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Thursday 30 November 2023 Dublin: 2°C

# Recession

All time
Annual savings up 10 per cent on last year
Research from EBS shows that people aged 16-24 are now more confident about their economic well being than this time last year.
Small firms being 'strangled' by late payments - SFA
Companies are now waiting an average of 62 days to be paid, according to a survey by the Small Firms Association.
Permanent TSB says it will increase lending fivefold this year
Permanent TSB says it will significantly increase lending for mortgages and personal loans in 2013.
Workers to meet union after Dublin company cuts 83 jobs
Distribution firm Johnson Brothers told its employees yesterday that 83 jobs will be lost due at its plant in west Dublin due to outsourcing.
Merkel kicks off campaign, highlights economic strength
The German Chancellor’s party faces a tough battle in the upcoming Lower Saxony state vote.
Small drop in live register figures - but unemployment stays at 14.6 per cent
The number of people aged 25 or under on the live register dropped for the 29th month in a row.
Over 465,000 voluntary hours clocked in record 2012 for Volunteer Ireland
More and more people are volunteering since the onset of the recession but the national volunteer development agency cites other reasons for the increase.
Exchequer deficit reduced by €10bn in 2012 to €14.9bn
VAT and corporation tax recorded surpluses, while income tax and excise duties recorded shortfalls.
Spain's unemployment rate fell by 1.2% in December
It is the first decline in the jobless figure since July 2012.
Column: Let’s address Ireland’s problems this year, as well as our own
Our towns and cities are hamstrung by budget cuts – but a new initiative could help find solutions and save money, writes Barry Flinn.
Poll: Do you think Ireland's economy is over the worst?
There seems to be slightly more optimism than usual about the economy as we head into 2013. What do you think – are you optimistic about it?
Worst of the euro crisis is 'behind us', says German finance minister
HURRAH! Break out the champagne and foie gras…
Column: Why I love baking – from measuring flour to licking the spoon
With the Great Irish Bake-Off due to start in 2013, Rosanne Hewitt-Cromwell explains why baking has made a resurgence in the recession.
'Plan B' to avert fiscal cliff in the US fails
Obama said he’ll try to prevent across-the-board tax increases after a vote calling for higher rates on million-dollar earners failed.
Spain passes massive austerity cutbacks
Crowds gathered today to protest against job and benefit cuts as well as the tax increases passed today.
Ireland is the most charitable country in Europe
We came second in the world behind Australia and ahead of Canada.
One in every six calls to Samaritans were recession-related
This was the busiest year yet for Samaritans, with longer calls to their helpline and more face-to-face contact at its branches.
Five million unemployed in Spain
It was the highest number of job seekers registered in Spain since current records began in 1996.
You might help crowdfund an album - but what about some scientific research?
Some scientists have turned to crowdfunding to raise money for their work – with one TCD researcher raising more than €20,000.
Column: We believe economic growth can save us… but can it?
Our blind faith in growing the economy may be ignoring some important facts, writes Dermot McNally.
Join’s #Budget 2013 virtual panel
We want to hear from a wide range of people across the country to find out their thoughts both ahead of Budget Day and on the day itself.
GAA fans lose an institution as Quinns of Drumcondra shuts its doors
Where many a day turned to midnight…
Cesc Fabregas brings wrong passport to Moscow, detained in airport ahead of Champions League tie
Barcelona chiefs eventually resolved the situation and the midfielder was granted a temporary visa.
Labour TD calls for bankers' pay and pensions to be tackled
Labour Party TD for Dublin North Brendan Ryan says the Irish public “will not stand for further cuts in education or other frontline services”.
Rebellious Wheelie Bin of the Day
Possibly NSFW.
Irish life CEO remuneration breaches government's pay cap - Doherty
Sinn Féin finance spokesperson Pearse Doherty says Kevin Murphy’s total remuneration package of €586,000 breached the government’s own pay cap.
Companies 'fire their best workers during recessions'
High-skilled – but high wage-earners – are among those most likely to be let go, finds Columbia University research.
100 job losses at Ericsson Athlone after Ericsson Sweden makes 1,550 job cuts
The telecommunications company hopes to reduce the workforce by February 2013.
Sign of the Times Photo of the Day
No comment.
Irish hospitals spent €815k on debt collectors to retrieve unpaid hospital fees
Beaumont Hospital in Dublin spent more than twice as much as any other hospital in the country on debt collectors.
Ireland, the recession and shopping: why we love a good bargain
And has the recession even pushed us into liking a ‘bad bargain’?
Irish business activity increasing but consumer sector displaying renewed weakness - survey
Concerns over the eurozone and the upcoming Budget are hitting companies expansion plans, say KBC Ireland/Chartered Accountants Ireland
Ninety jobs lost as chicken plant closes in Cavan
The closure of Co-operative Poultry Products Ltd will also affect local growers in the area, according to Siptu.
Over 1.3 million adults have less than €50 left after monthly bills
And looking ahead to winter, households are worried about heating costs and Christmas expenses.
Explainer: What does liquidation, examinership and receivership mean?
Businesses have always failed – recession or otherwise – but what happens when they do, and what are the different options that are available to them.
PLAY: Recession Ireland Monopoly with
It’s, er, unofficial…
Poll: Do you try to shop in Irish-owned supermarkets?
Study shows that chains like Tesco, Aldi and Lidl are experiencing more growth than homegrown Irish chains – do you make a conscious choice to shop in Irish supermarkets?
FÁS rebrand: Intreo to provide services to jobseekers
The initiative was launched by Enda Kenny and Joan Burton this morning.
Denis O'Brien: doing business with Apple is "like going on methadone"
The tycoon also said Irish people had behaved like adults during the recession.
"It's a pensions time bomb" - 1 in 5 people stop contributing to their pension
More than two thirds of people surveyed have a pension – but many are finding it too difficult to keep up with monthly financial commitments.