Search Results for 'Recession'

The price of the average second-hand three-bed semi in Mayo has risen by 2.7% to €189,000 in the last three months, according to a national survey by Real Estate Alliance.

Ireland is officially in recession. The CSO announced that GDP fell by just over six per cent in April, May, and June, the largest quarter on quarter fall ever recorded. This is also the second quarter in a row in which the Irish economy contracted which means we are now in a recession as a result of Covid-19.

Bad news may have been the order of the day for some time now, but this week it must be acknowledged that a definite sense of the sun peeking out through the clouds to lift our spirits is palpable.

With the recession continuing to turn the microscope on all matters work and finance, a marketing professor has pointed out that companies are now also being shown up as to whether they offer good value or not.

Mayo consumers are saving more than ever and are now looking for new ways to shore up their money for the long-term, according to Tony Raftery, manager of Acorn Life in Mayo.

The spending boom of the Celtic Tiger has been altered to a savings bonanza for financial institutions as more and more Irish people opt to put money aside regularly in a bid to increase account balances. According to an EBS consumer savings survey of 1,000 people, up to 85 per cent are now saving with 93 per cent of under-25s now getting in on the savings habit.

The spending boom of the Celtic Tiger has been altered to a savings bonanza for financial institutions as more and more Irish people opt to put money aside regularly in a bid to increase account balances. According to an EBS consumer savings survey of 1,000 people, up to 85 per cent are now saving with 93 per cent of under-25s now getting in on the savings habit.

It pains me to sit around and watch the situation that has evolved in less than a week over Wednesday’s budget announcement that the automatic right to a medical card for those Irish residents over the age of 70 was being abolished.

You know there is nothing in this world as important as the present you have yet to pick up for Christmas. Or the friend you just have to meet. Or the things you just have to do. Or the stuff for the turkey that your one without the hairnet on the telly said you just must have. And so on and on and on.

They say that the concept of Christmas lights emanated from the location of the season in the darkest time of the year. When the days are the shortest, when even the light from the stars is covered by the dark clouds, creating a big dark curtain over the world and allowing our weary eyes respite from the bright summer sun.