Business Today |
Thursday, 05 June, 2025 | | |
Editor's Note |
Good morning, reader |
It’s been a heavy period of economic news. In Ireland, corporate tax receipts fell by 30 per cent in May, amounting to a loss of €1.1 billion on the same month last year, according to latest data from the Department of Finance, which pointed to “once-off factors” that had boosted receipts last year and distorted the year-on-year comparison. Eoin Burke-Kennedy looked at the latest numbers which say much about our economy. And speaking of the economy, it grew by an eye-watering
10 per cent in the first quarter. Eoin Burke-Kennedy again analyses the data and makes the link with US tariffs. On a more individual level, the third piece of heavyweight economic news was the ECB’s eighth rate cut in the last 12 months.
Conor Pope explains that, give or take, this equates to a €13 per month saving for every €100,000 owed on a tracker mortgage. |
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Mark Hilliard |
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