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February , 2012
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Dell confirms plans to shed 1,900 jobs in Limerick

Dell will cut almost 2,000 jobs in Limerick in a cost-cutting measure.
The company plans to move all manufacturing from the Raheen facility to Poland over the next 12 months following a global review of its operations.
The measures at the 18-year-old Dell plant, which became a symbol of the Celtic Tiger boom years, dealt another blow [...]

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Dell to axe 400 contract staff

Dell, is to axe at least 400 temporary workers this weekend. The computer giant last night confirmed  that “several hundred temporary employees” are to be let go from their Limerick base.
Fears are now growing for the 3,000 full-time Dell employees at the Raheen manufacturing facility in Limerick and the 1,400 workers in the Dublin facility.
However, [...]

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Taxi fares to rise 8% from midnight

Taxi fares are set to become more expensive from midnight, when an 8.3 per cent price increase comes into effect. The rise, which was announced by the regulator in September, will see the cost of hailing a cab rise to €4.10 at the standard rate and €4.45 at the premium rate, which applies from 8pm [...]

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Mortgages for first time buyers drop by 30%

Altogether, 10,435 new buyers drew down mortgages in the first half of the year, compared with 15,802 between January 1 and June 30 last year — a drop of 5,367, or almost 30pc.
Pat Farrell, chief executive of the Irish Banking Federation which produced the figures, said many first-time buyers were getting loan approvals but were [...]

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Finally Cheaper Rents & More Choices

This increase in the supply of rental properties has pushed rents downwards – falling 2.2% in the past three months.
While overall the cost of accommodation for students is falling this year, there are significant differences in rents across the country. Dublin-based students pay significantly more than those in college outside the capital – a student [...]

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Watchdog Probes House Price ‘Rip-Offs’

Mortgage brokers are being investigated over allegations that some of them colluded with estate agents to inflate property prices and rip off homebuyers.
In an unprecedented move, the Financial Regulator is checking claims that brokers have illegally shared data about how much people could afford to pay.
The sweeping probe comes after persistent claims [...]

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Fuel Price Drops a Relief to Us All

FINALLY some good news for hard-pressed motorists – fuel prices are gradually coming down as the price of a barrel of oil falls.
The average price of a litre of petrol is now 129.9c — down 4c from last month — while diesel has also fallen 4c to an average price of 139.9c.
It’s [...]

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Da Economy Read 513 times. Comments Off
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