The Central Bank is scheduled to announce revisions to the mortgage lending rules on Wednesday. People can currently borrow just three and a half times their salary. There are also strict requirements when it comes to deposits required to secure a property. The stringent criteria have been criticised for keeping numerous potential purchasers out of the … Read more
Netflix has reversed previous member losses with a midsummer increase in the United States, ahead of the launch of a cheaper version of the video streaming service that will contain advertisements for the first time. It added 2.4 million subscribers between July and September, the US corporation said on Tuesday, reversing a 1.2 million customer … Read more
Following a series of searches as part of Operation Tara, Gardai arrested five persons and seized drugs worth about €350,000. A raid on a house in Dundalk, Co Louth, discovered €200,000 in cannabis. Gardai in Swords, Co Dublin, seized €110,000 in cannabis. Following the second search of a house in Blanchardstown, Dublin, a fresh batch of cannabis … Read more
Businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established for longer, Minister for Finance Paschal Donohoe said on Tuesday. The Government introduced the €1.25 billion scheme in last month’s budget, providing businesses such as hotels, shops, … Read more
The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, according to the Central Statistics Office report. The unadjusted imports for August 2022 were valued at €12.5 billion, an increase of more than €4.7 billion on August 2021. Comparing the first eight months of 2022 with … Read more
Met Eireann has issued a Status Orange rain warning for five counties from 10 pm tonight until midnight on Thursday.. Cork, Kerry, Waterford, Wicklow, and Wexford are among the counties affected by the alert. Met Éireann forecasts heavy rain tonight and tomorrow, with thundery downpours and isolated floods possible. The national weather agency predicted disruption. … Read more
One in every three students has “seriously considered” leaving college for personal, financial, or other reasons. According to a recent student survey, eight out of ten would return to the same college if they dropped out. StudentSurvey.ie, Ireland’s largest annual survey of students’ experiences in higher education, has looked for the first time at the … Read more
The State Examinations Commission will issue the 2022 Junior Cert results on Wednesday 23 November. This year’s results will be published in schools on November 23, and candidates will also be able to see their results online beginning at 4 p.m. on that date. The State Examinations Commission cites a lack of examiners and the … Read more
EIRSAT-1, Ireland’s first satellite, is expected to launch into space between late January and late February from the European Space Agency’s centre in French Guiana on a four-year mission. Tánaiste Leo Varadkar called the effort a “big moment” for Ireland’s space sector and a “huge spin-off” for Irish firms and institutions. He was speaking after … Read more
The US-headquartered financial service, Fidelity Investments is expanding its presence in Ireland by hiring 300 new full-time employees in its Dublin and Galway offices. The majority of the positions will be in Fidelity’s technology team, but there will also be a number of business operations positions available in Dublin. There will be 200 positions created … Read more
According to a new sustainability study of Irish farming for 2021, greenhouse gas emissions from Irish farms have continued to rise as livestock rates have increased. The dairy sector’s greenhouse gas emissions increased last year due to an increase in average herd size, Teagasc 2021 Sustainability Report stated. Dairy output and incomes also increased. Greenhouse … Read more
The Land Development Agency (LDA) has proposed 550 additional dwellings in its draught masterplan for the redevelopment of Dublin 8’s Digital Hub Campus. The next round of consultation on the proposed Pear Tree Crossing development has already commenced, with the goal of regenerating the 3.7-hectare property with affordable housing and a mix of commercial, cultural, … Read more
Aldi has launched a recruitment drive in Ireland to fill 450 jobs throughout the retailer’s 153 outlet network. The company is looking for 330 permanent posts and 120 fixed-term contract opportunities for retail assistants. Recruitment has begun as Aldi seeks to fill roles amid rising demand and ahead of the busy Christmas season. Vacancies encompass … Read more
On Sunday evening, an elderly woman died in a house fire in Roscommon. After neighbours raised the alarm soon after 9 p.m. last night, emergency and fire services responded to the scene in Ballaghderreen, Co Roscommon. A lady in her 70s’ body was discovered in the residence and pronounced dead. It is believed that she was … Read more
Heavy rain and high winds are expected to persist in the western portion of the country through Monday. Met Éireann has issued a yellow wind warning for Clare, Cork, Kerry, Limerick, Donegal, Galway, Leitrim, Mayo, and Sligo until 12 pm on Monday. Winds of up to 50-65km/h with gusts of 90-110km/h are expected to cause … Read more