Blog

Every December brings the same familiar pattern. Days grow darker, routines get busier, and spending climbs far faster than many households anticipate. Surveys indicate that Irish consumers spent close to €1,200 on average last Christmas, with a significant number dipping into savings or turning to borrowing to cover festive costs. The pressures of the season…

Air travel in and out of London may look very different within the next few years. A UK aviation company has announced plans to introduce electric flying taxis for airport passengers as early as 2028, signalling a significant shift in short-distance air mobility. Vertical Aerospace is working toward regulatory approval for its new Valo aircraft,…

New figures from the latest AIB Purchasing Managers’ Index indicate that construction activity in Ireland declined again in November, marking the seventh consecutive month of contraction. The continued drop reflects persistent weakness in demand and a slowdown in new project inflows. The headline Construction Total Activity Index fell to 46.7 in November, down from 48.1…

New data from the Central Statistics Office indicates that Irish households continue to increase their use of online services, with internet banking reaching its highest level of adoption to date. The CSO’s latest Household Digital Consumer Behaviour report, covering the second quarter of the year, highlights a continued shift toward digital habits across nearly all…

A new study from the Economic and Social Research Institute has found that living standards in the Republic of Ireland exceed those in Northern Ireland across several key economic and social indicators. The report shows a clear income gap. In 2022 the average household in the Republic had disposable income of €36,900, compared with €33,400…

The rollout of Ireland’s National Broadband Plan (NBP) continues to gather pace, with almost 157,000 homes, farms and businesses now connected to high-speed fibre. According to the latest update, close to 440,000 premises can now place an order for a connection, surpassing the original year-end goal of 420,000. National Broadband Ireland (NBI), the organisation responsible…

A new analysis from stockbrokers Davy shows that household wealth in Ireland has grown dramatically over the past decade, more than doubling between 2014 and 2023. Total household wealth is estimated to have risen from €573 billion to €1.32 trillion during that period, and projections suggest it could reach close to €2.6 trillion by 2035…

Ireland’s services sector saw its sharpest rise in activity in more than three years during November, according to the latest Purchasing Managers’ Index (PMI) published by AIB. The data points to robust momentum across a wide range of service industries, with business expansion, employment and new orders all improving at notable rates. Broad-Based Growth Across…

A new survey from PwC suggests that although Irish workers are aware of the potential advantages of artificial intelligence, daily usage of these tools remains limited. The firm’s latest Workforce Hopes and Dreams report found that only 10 percent of employees in Ireland use generative AI each day, a lower proportion than the global average…

Bank of Ireland has announced plans to pilot a new lending product designed to support homeowners who wish to trade down. The initiative, scheduled to launch in early 2026, will be available to all homeowners regardless of whether they are existing customers of the bank. The bank said the new loan is part of a…