Peter Flanagan

3 days ago | irishtimes.com | Peter Flanagan

The risk of recession has become Irish households’ top concern for the first time in Bank of Ireland’s quarterly savings and investment index. As Dominic Coyle reports, the threat of tariffs and the impact of unrest in the Middle East mean it overtook worries about the cost of housing. A ruling from safety regulators allowing most departing passengers at Dublin Airport to keep liquids up to 100ml in their bags is imminent, sources say.

4 days ago | irishtimes.com | Peter Flanagan

Accepting trade tariffs of 10 per cent on goods sold to the United States as the “new baseline” would be a real challenge for Irish businesses, Tánaiste and Minister for Foreign Affairs and Trade Simon Harris has said. Jack Power has the details. The Department of Enterprise is facing a bill of up to €38 million as a “reclassification issue” means that as many as 6,000 businesses could be eligible for additional payments under two SME grants. Hugh Dooley and Mark Hilliard report.

1 week ago | irishtimes.com | Peter Flanagan

Petrol station business Applegreen has agreed a contract for 18 services stations in the United States. The move comes as part of a $750 million investment by the company. Joe Brennan reports. Concerns about the state of the economy in the coming months have risen sharply since the beginning of the year among businesses on the island of Ireland, but especially in retail and construction, according to a new survey. Mark Hennessy has the details.

1 week ago | irishtimes.com | Peter Flanagan

US tariffs could, in an extreme scenario, punch an €18 billion hole in the public finances, the Central Bank has warned. In a special article published alongside its latest quarterly bulletin, the regulator war-games the threat to Ireland’s tax base from a big change in US trade policy. Eoin Burke-Kennedy has read the article, as well as the bulletin.

1 week ago | irishtimes.com | Peter Flanagan

A day after the Government said it would sell off the last of its stake in AIB, Minister for Finance Paschal Donohoe has moved to lift the State’s remaining €500,000 executive pay cap at that bank as well as PTSB. As Joe Brennan reports, both lenders remained subject to a pay limit after restrictions were lifted at Bank of Ireland in late 2022, following the sale of the State’s last shares in that lender.