Business News

No deal Brexit risks severe economic shock, IMF warns

11th April 2019

No deal Brexit risks severe economic shock, IMF warns The UK economy risks a serious shock if the UK leaves the EU without a deal, the International Monetary Fund said today, warning of severe trade disruption and slower economic growth. In a report marking the coming spring meeting, published just days before the scheduled Brexit […]

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Energy costs bump US consumer inflation higher in March

11th April 2019

Energy costs bump US consumer inflation higher in March A jump in US fuel and electricity costs drove consumer prices higher in March but underlying trends still pointed to tame inflation pressures, according to government data released today. The fresh sign that inflation remains subdued – despite steady job creation and falling unemployment – will […]

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Housebuilding boosts ‘robust’ construction growth

10th April 2019

Housebuilding boosts ‘robust’ construction growth Construction sector output remained strong in March, and was led by housebuilding for the third month in a row, according to the latest industry figures. Ulster Bank’s construction industry purchasing managers index (PMI) tracks output and sentiment among hundreds of managers month to month. The latest PMI reading of 55.9 […]

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Euro zone banks toughen requirements for mortgage borrowers

10th April 2019

Euro zone banks toughen requirements for mortgage borrowers Euro zone banks are toughening their requirements of prospective mortgage borrowers, a European Central Bank survey published today showed. Despite this demand for home purchase loans continued to swell in early 2019. Credit standards – the boxes house-hunters have to check to receive a mortgage – tightened […]

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Tariff rows leave new Nafta deal ‘in trouble’

10th April 2019

Tariff rows leave new Nafta deal ‘in trouble’ More than six months after the United States, Mexico and Canada agreed a new deal to govern more than $1tn in regional trade, the chances of the countries ratifying the pact this year are receding. The three countries struck the United States-Mexico-Canada agreement (USMCA) on September 30, […]

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Tariff rows leave new Nafta deal ‘in trouble’

10th April 2019

Tariff rows leave new Nafta deal ‘in trouble’ More than six months after the United States, Mexico and Canada agreed a new deal to govern more than $1tn in regional trade, the chances of the countries ratifying the pact this year are receding. The three countries struck the United States-Mexico-Canada agreement (USMCA) on September 30, […]

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Pace of construction activity growth slows in March

9th April 2019

Pace of construction activity growth slows in March The pace of expansion in construction activity eased in March, the latest Ulster Bank Construction Purchasing Managers Index shows. The index eased to 55.9 in March from 60.5 in February, but Ulster Bank said this follows a very strong February performance and the still-robust level of the […]

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Pace of construction activity growth slows in March

9th April 2019

Pace of construction activity growth slows in March The pace of expansion in construction activity eased in March, the latest Ulster Bank Construction Purchasing Managers Index shows. The index eased to 55.9 in March from 60.5 in February, but Ulster Bank said this follows a very strong February performance and the still-robust level of the […]

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Access to finance underpins upbeat era of acquisitions

9th April 2019

Access to finance underpins upbeat era of acquisitions Improved access to finance is underpinning business optimism in Munster, fuelling increased M&A activity along with a rise in the number of businesses willing to invest to support their growth, according to Deloitte. Business leaders attending Deloitte’s ‘Scaling for Growth’ event in the River Lee Hotel in […]

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Access to finance underpins upbeat era of acquisitions

9th April 2019

Access to finance underpins upbeat era of acquisitions Improved access to finance is underpinning business optimism in Munster, fuelling increased M&A activity along with a rise in the number of businesses willing to invest to support their growth, according to Deloitte. Business leaders attending Deloitte’s ‘Scaling for Growth’ event in the River Lee Hotel in […]

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