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Business News

This site is updated regularly with industry and practice news.

European car sales up 8.6% in Oct, driven by VW rebound – ACEA

Passenger car registrations in Europe rose 8.6% in October, to their highest level since 2009, driven by robust demand in Germany and France. The figures were also boosted by a rebound in demand for Volkswagen cars, which posted a 29% gain. Registrations rose to 1.214 million cars in the countries of the European Union and […]

More time spent on social media than calls – ComReg

New research shows that consumers here are using our phones less and less for phone calls and more for messaging and social media.  The research from communications regulator ComReg also finds that almost everyone in the country now has a phone – with Samsung and Apple the most popular brands.  Consumers are spending about a […]

ECB has not reached limits of monetary policy – Lane

The European Central Bank has not reached the limit of what it can do on monetary policy, its chief economist Philip Lane has said. Despite unprecedented monetary easing, Professor Lane said the ECB still had further tools in its toolbox if needed, but added that they would depend on particular circumstances.  “Let me emphasise that […]