Energy price surge makes ECB rate rise almost inevitable

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Energy price surge makes ECB rate rise almost inevitable
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Business Digest: The best news, analysis and comment from The Irish Times business desk

Business Digest: The best news, analysis and comment from The Irish Times business desk The European Central Bank is expected to raise interest rates again new week.

Photograph: Kirill Kudryavtsev / AFP via Getty Imagesback above 3 per cent in August, paving the way for another European Central Bank rate hike next week, writes Eoin Burke-Kennedy.to cut prices of many popular items by 15 to 25 per cent across Europe, including in Ireland, as the flat-pack furniture retailer seeks to counter the cost of living crisis by taking a hit to its profits.

, according to results just filed for last year that shows losses at the doughnut maker’s Irish business more than doubling to €3.07 million as sales have now fallen by 10 per cent over the past two years.for objecting to the decisions of his new bosses after the Dublin restaurant group he established was rescued from examinership has won €75,000 for unfair dismissal following a five-year legal battle. Stephen Bourke reports.

Fully let south Dublin student accommodation scheme seeks €4.5mthat says burnout and longer working lives are increasingly prompting experienced professionals in their 30s and 40s to switch careers.says measures to keep young children from accessing online platforms are failing to live up to expectations, with little impact on the number of underage children signing up for accounts. Ciara O’Brien has the details.and looking to live here has surged in recent years but not everyone has Hollywood-grade resources.

Joanne Hunt lays out some of the financial implications of making the jump and relocating here on a permanent basis.is understood to be in talks to sell Gulliver’s Retail Park in Santry to German asset manager Union Investment for around €45 million two and a half years after it was acquired for about €29.5 million.of St Columban are seeking €4.5 million for their 50-acre international headquarters located beside Wicklow’s idyllic Magheramore beach, which has been their base since 1957. Europe looks old and broke to its lenders, but it’s not the only region with problemsGP and elderly mother awarded €12,000 over Dundrum clinic receptionist’s ‘disrespectful’ conductHolly Cairns repays €8,500 in expenses mistakenly paid by Oireachtas during maternity leave

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