‘Topics’ – Media Round Up – week ending 10 November 2013
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The week’s financial news was dominated by the shambles of the LPT property tax payment options which the Revenue have now tried to clarify with advertisements in the weekend national newspapers. The other main news was the announcement of a further cut in the ECB interest rate to 0.25%. This will automatically reduce all tracker mortgage repayments. However according to Irish Times (9 Nov) it seems the main mortgage providers have no immediate plans to pass on the cut to its variable rate customers.
Irish economy stabilising, but challenges remain – Commission. Read more
Services sector grows rapidly in October as new business soars. Read more
Exchequer remains on-target to end of October. Read more
Local Property Tax paper filing deadline extended. Read more
- Revenue to trawl stamp duty records for LPT refunds. Sunday Business Post
Banking / Credit
€125m fund to boost small and medium businesses Read More
Property to stabilise next year: S&P. Read More
Euro zone factory PMI points to broad-based economic recovery. Read more
UK construction sector rising ‘like phoenix from the ashes’. Read more
Falling inflation prompts bets ECB will ease again soon. Read more
UK services sector grows at fastest pace in 16 years. Read more
Spain’s jobless rises as tourist season ends. Read more
Euro zone business recovery loses some momentum in October. Read more
Euro zone retail sales fall more than expected in September. Read more
German trade surplus hits record high in September. Read more
UK industrial output rebounds in September. Read more
S&P lowers France credit rating to AA from AA+. Read more
- European values decline on US data
- Iseq up 0.2%
- London FTSE 100 rose 0.2%
- European Stoxx 600 index up 0.4%
- Germany’s DAX up 0.8%
- S&P 500 advance 1.6%