ECB’s Chief Economist Predicts Inflation In Europe To Fall This Year
January 7, 2022 No Responses

ECB’s Chief Economist Predicts Inflation In Europe To Fall This Year

Inflation is set to come down this year with current high rates part of a “pandemic cycle of inflation”, the European Central Bank’s chief economist has said. Data from Eurostat shows inflation across the Eurozone rose to 5 per cent...
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Passenger Numbers For Ryanair Fall 7% Amid Omicron Restrictions
January 5, 2022 No Responses

Passenger Numbers For Ryanair Fall 7% Amid Omicron Restrictions

Budget airline Ryanair has seen the number of passengers flown drop by seven per cent between November and December as travel restrictions were imposed across Europe amid the spread of the Omicron variant. The Irish carrier said the number of...
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Film And TV Industry In The North Goes From Strength To Strength
December 30, 2021 No Responses

Film And TV Industry In The North Goes From Strength To Strength

Northern Ireland’s film and TV industry is going from strength to strength, with Netflix and Paramount among the latest US studios to bring projects to the region. While Line Of Duty and Bloodlands were some of the highlights of 2021,...
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Ibec Boss Warns Taoiseach That Carbon Budget Changes Will Cost Billions
December 28, 2021 No Responses

Ibec Boss Warns Taoiseach That Carbon Budget Changes Will Cost Billions

The head of Ibec has warned the Taoiseach that planned changes to Ireland’s carbon budgets would hit the economy for $8.85 billion (€7.8 billion) a year and cost 38,000 jobs. In a letter on October 6th, 2021, CEO Danny McCoy...
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Ryanair Doubles Loss Forecast Due To Omicron Variant Impact
December 22, 2021 No Responses

Ryanair Doubles Loss Forecast Due To Omicron Variant Impact

Ryanair has more than doubled its forecast annual loss due to the impact of the Covid-19 Omicron variant. The airline also cut its January traffic forecast by 33 per cent. The company, Europe’s largest by passenger numbers, said in a...
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New Restrictions Make Irish Bar And Restaurant Owners Fearful For Future
December 19, 2021 No Responses

New Restrictions Make Irish Bar And Restaurant Owners Fearful For Future

Pub and restaurant bosses have described how they have been left facing an uncertain future as new Covid restrictions are about to be introduced in the hospitality sector. The cabinet agreed on Friday that hospitality venues, cinemas and theatres should...
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Donaldson To Tell EU ‘Time For Talking Is Now Over’ For NI Protocol
December 16, 2021 No Responses

Donaldson To Tell EU ‘Time For Talking Is Now Over’ For NI Protocol

DUP leader Sir Jeffrey Donaldson is to tell the top EU negotiator that it is decision time in talks about the Northern Ireland Protocol. Mr Donaldson is set to meet European Commission vice president Maros Sefcovic later. In a statement...
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$1.32 Billion Signed Off In Deal For Belfast Region
December 15, 2021 No Responses

$1.32 Billion Signed Off In Deal For Belfast Region

The formal sign off of a “monumental” £1 billion ($1.32 billion) city deal for the Belfast region has been welcomed. The deal, first announced in 2019, includes £350 million ($462 million) in funding from Stormont and £350m from Westminster, and...
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Cross-Border Services Trade ‘Considerably Lower’ Than Trade In Goods
December 7, 2021 No Responses

Cross-Border Services Trade ‘Considerably Lower’ Than Trade In Goods

Cross-border services trade is considerably lower than cross-border trade in goods, a report has found. Services make up 26 per cent of the total trade going from Northern Ireland to Ireland and 16 per cent of the trade going from...
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Ireland’s Deficit Narrows To $5.5 Billion In November
December 2, 2021 No Responses

Ireland’s Deficit Narrows To $5.5 Billion In November

Public finances are continuing to improve, with the deficit to the exchequer narrowing to €4.9 billion ($5.54 billion) at the end of November. That compares with a 12-month rolling deficit that stood at €7.4 billion ($8.36 billion) at the end...
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