Search Results for 'energy prices'

Ibec, the group that represents Irish business, has published its latest Economic Outlook report that forecasts economic growth of approximately 4.3% in the year ahead, a decrease from the 6.1% that was predicted for 2022 in Q4 2021.

ALONE, the organisation that supports older people to age at home, has called on the government for a pandemic-like response to alleviate the rising cost of living to help those in greatest need.

With the two-week Easter break now coming to an end, has it been a case of returning to 'business as normal' in Westport hotels - as they welcomed visitors back to the popular holiday destination with open arms following the two long years of covid paralysis? This week the Mayo Advertiser spoke to Irish Hotel Federation (IHF) Chair in Mayo, Westport hotelier Darren Madden, whose hopes for a bumper summer remain somewhat muted, as he describes the mood within the hospitality sector as 'cautiously optimistic' for 2022.

Carbon taxes on home heating fuels, due to come into force on May 1 must be deferred until Budget 2023 in October.

Nephin Energy, a leading domestic producer of natural gas and main stakeholder in the Corrib Gas Field in County Mayo, has donated €50,000 to the Society of St Vincent de Paul’s (SVP) West Region.

Inflation figures released by the Central Statistics Office yesterday reveal that Irish inflation hit a record high. Prices on average, as measured by the Consumer Price Index (CPI), were 5.5 percent higher in December compared with December 2020. This is the largest annual change in prices since June 2001 when annual inflation was 5.3 percent. This increase in Irish inflation is mirrored in the euro area. The Harmonised Index of Consumer Prices (HICP) – the European Central Bank’s (ECB) preferred measurement of inflation - stood at 5 percent in December 2021 according to Eurostat’s flash estimate, which was the highest level recorded since the euro was introduced in 1999.

In the face of mounting energy costs for people, and proposed increases in the carbon tax in Budget 2022, an emergency cap on energy prices must be implemented by the Government.

Seasonal staff are being abandoned by the hierarchy within Bord na Mona, according to independent TD Michael Fitzmaurice.

Fianna Fáil Councillor Aengus O’Rourke is calling on the Commission for Energy Regulation [CER] to act now and ensure that the huge reductions in the cost of oil are passed on by the energy companies to householders.