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One fifth of Irish households now millionaires, new report finds
One fifth of Irish households now millionaires, new report finds

Business Post

time04-05-2025

  • Business
  • Business Post

One fifth of Irish households now millionaires, new report finds

Personal Finance One fifth of Irish households now millionaires, new report finds Wealth in the country has risen rapidly since 2013, driven by spikes in property prices Killian Woods 01:00 Analysis by Fordel has found that Irish household wealth was recorded as €1.3 trillion, or €663,630 per household, last year. Picture: Fergal Phillips Business Post subscribers can read: • How much Irish household wealth has grown since 2013 • What has driven the rise in household wealth • How average salaries across key sectors have risen in the past decade News Fordel Personal Finance Property LATEST NEWS 01:00 'Dead end': DAA chief Kenny Jacobs mulls 'divorce' from Fingal over Dublin Airport passenger cap 01:00 Vincent Boland: Carney's win shows the value of keeping your head as others lose theirs 01:00 Vincent Boland: Why Meloni should stand clear as Italy begins to stir back to life 01:00 Business Post View: Power outages in Spain and Portugal should ring alarm bells across the EU 01:00 Lucinda Creighton: Europe and Canada find a safe haven in each other with Carney at helm 01:00 'She doesn't leave footprints. She just gets it done' – How Deirdre Gillane became Micheál Martin's key adviser

‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment
‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment

Business Post

time29-04-2025

  • Business
  • Business Post

‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment

Markets 'We only sell one product': Hostelworld to expand beyond hostels with €3m investment The company is holding its Capital Markets Day in London, outlining its growth plans for the next three years Laura Roddy 15:07 Gary Morrison has sailed Hostelworld through a pandemic and is now looking for growth through AI, M&A and expanding into other forms of cheap stays. Picture: Fergal Phillips Business Post subscribers can read: • Why Hostelworld is turning to guesthouses and budget private rooms • How Donald Trump's tariff war is impacting Hostelworld • What the company is betting on next for growth Markets Travel Hotels hostel Hostelworld LATEST NEWS 15:07 'We only sell one product': Hostelworld to expand beyond hostels with €3m investment 15:02 M&S shares mount recovery after £700m knocked off market cap following cyber attack 15:00 US biotech raises $15m to reduce cattle methane emissions with Irish state among the backers 14:59 Live News: Irish economy grows by 13 per cent 14:17 All-Island cancer summit to drive focus on equitable care 14:15 Leprechaun economics? Irish economy grows by 13% as exporters tried to outpace Trump tariffs

Mortgage drawdowns increase 19% to €2.8bn in first quarter of 2025
Mortgage drawdowns increase 19% to €2.8bn in first quarter of 2025

Business Post

time29-04-2025

  • Business
  • Business Post

Mortgage drawdowns increase 19% to €2.8bn in first quarter of 2025

Mortgages Mortgage drawdowns increase 19% to €2.8bn in first quarter of 2025 BPFI figures show all mortgage customer segments grew year on year Fionn Thompson 05:00 Brian Hayes, chief executive of the BPFI said, all mortgage customer segments grew year on year. Picture: Fergal Phillips Business Post subscribers can read: • The national stats for mortgage drawdowns in the first quarter • Average mortgage prices in that period • Figures for switchers vs first-time buyers News Mortgages BPFI News LATEST NEWS 05:00 Mortgage drawdowns increase 19% to €2.8bn in first quarter of 2025 05:00 Work commences on £90m Belfast Harbour port project for cruise ships and offshore wind 05:00 Pillar banks' earnings preview: 'Robust' Irish lenders on steady course for first quarter 05:00 Government to examine subsidies to 'critical' semiconductor sector as part of new strategy 05:00 Credit unions retain top spot in list of firms with 'best reputation' in Ireland 21:16 Markets Wrap: US stocks flatten ahead of Big Tech earnings as European markets gain

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