The Cabinet has approved a package of measures to help mitigate the rising cost of rising electricity bills and to ensure secure supplies to electricity for households and businesses across Ireland over the coming years. The package of measures includes changes to the Public Service Obligation (PSO) levy (beyond those announced earlier in the year). … Read more
Dublin has been ranked as the seventh least financially viable city to live in the world, according to a report including 56 major cities around the world. The research was carried out by the UK insurance group CIA Landlord. It was determined based on the amount of disposable income available to residents. The rankings were determined … Read more
Bus fares on all subsidised public transport services provided by Bus Eireann and Local Link outside the greater Dublin area are to be reduced by an average of 20 percent from Monday. The plan to cut public transport fares was announced by Minister for Transport Eamon Ryan in February and was among the measures included … Read more
The Government should produce an emergency budget to release further support for people struggling amid the cost-of-living crisis, Sinn Féin leader Mary Lou McDonald has said. Ms McDonald said speed is of the essence when it comes to rolling out additional mitigations for families now living in a “permanent state of panic”. On Friday, Tanaiste … Read more
A top European Central Bank official has warned targeted and temporary measures should be used to tackle rising inflation. Philip Lane, the chief economist of the European Central Bank, acknowledged that people were experiencing a major increase in the cost of living but said that he believed the rate of inflation will fall later this … Read more