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Dublin News

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Private‑sector growth eases amid global trade jitters

Dublin’s private‑sector PMI showed expansion in Q1 2025, with activity above the 50‑point growth threshold. However, growth moderated as new orders and output slowed, partly due to uncertainty over US trade policy. Employment remained positive but momentum softened, signaling cautious optimism among firms.

Dublin Rings in July with Economic Shifts and Political Buzz

Dublin, Ireland – As July unfolds, Dublin finds itself navigating a dynamic landscape of economic adjustments, political maneuvers, and a vibrant cultural scene. From shifts in business activity to the ongoing discussions around housing and employment, the capital remains a focal point for national developments.

Business Activity Sees Measured Growth

Dublin's private sector has shown continued, albeit softer, growth in the first quarter of 2025. While the overall business activity remains above the 50-point expansion mark, concerns regarding US trade policy are noted as a potential factor for a slightly more cautious outlook in the coming quarters. The manufacturing sector experienced a contraction, though construction and services continued to expand.

Employment Figures Show Modest Gains

The employment landscape in Dublin is seeing modest job creation. Companies in the capital continue to expand their staff numbers, indicating a generally positive, though not booming, trend in the labor market. This aligns with broader national figures, where the pace of job creation is broadly similar across Ireland.

Real Estate Market Cools as Stamp Duty Concessions End

The Irish property market has witnessed a slight cooling, with average house prices slipping in June. This comes as April's stamp duty concessions have fully bedded into the market, contributing to a weaker demand. While Northern Ireland saw strong annual growth, the Republic of Ireland experienced a slowdown in the annual inflation rate for house prices.

Political Landscape Abuzz with Presidential Talk

The political scene is already heating up with discussions around the 2025 Irish presidential election. Notably, UFC star Conor McGregor has declared his candidacy, vowing to challenge the European Migration Pact. However, political experts widely view his bid as a long shot, citing the significant hurdles in securing nominations and low public support in initial polls.

Legal Debates on Migration Pact Intensify

The European Migration Pact is a central theme in legal and political discourse. McGregor's stance highlights a broader debate within Ireland regarding immigration policies and border security. The outcome of these discussions and potential referendums on the pact will have significant implications for the country.

Economic Policy Focuses on Fiscal Strength and Investment

The current government's economic policy continues to prioritize strong public finances, aiming to expand investments and public services while reducing national debt. This includes building contingency funding to mitigate against economic downturns and implementing pro-enterprise tax policies to attract and retain high-quality jobs.

Housing Remains a Key Policy Priority

Housing continues to be a critical issue. Both the government and opposition parties, such as Sinn Féin, are emphasizing accelerated home building programs and reforms to planning legislation to address the ongoing housing crisis. The goal is to significantly increase the supply of homes for both purchase and rent.

Fashion Scene Embraces Summer Trends

While specific recent fashion news for Dublin since July 1st is limited, the city's fashion scene is typically vibrant and responsive to seasonal trends. As summer progresses, expect to see an emphasis on lighter fabrics, vibrant colors, and casual-chic styles dominating the streets and retail spaces.

Infrastructure Development on the Horizon

Long-term plans for Dublin's infrastructure are also in the news. Irish Rail has outlined plans for a new train station in north Dublin as part of the Dart expansion, and there's a vision for suburban Luas routes and circular services around Dublin by 2050, indicating a commitment to improving urban transport.

Looking Ahead: A City in Transition

Dublin, a city known for its resilience and dynamism, is clearly in a period of significant transition. From managing economic shifts to navigating complex political debates and continuing urban development, the headlines reflect a capital actively shaping its future.

Events in Dublin:

Theatre: Only Fools and Horses The Musical - Bord Gáis Energy Theatre

Music: Longitude 2025 (featuring David Guetta, 50 Cent, and more) Marlay Park

Theatre: Static - Peacock Stage, Abbey Theatre (Ongoing until July 18)

Concert: – XX, 20th Anniversary Tour - Bord Gáis Energy Theatre

Theatre: Dancing At Lughnasa - Bord Gáis Energy Theatre

Dublin’s Tech Sector Booms as Multinationals Expand
Dublin’s reputation as Europe’s tech hub continues to grow, with major firms announcing new offices in the city. Since July 1, 2025, over 1,000 new jobs have been pledged, reinforcing Dublin’s appeal for foreign direct investment. Industry leaders cite Ireland’s competitive tax rates and skilled workforce as key drivers behind the surge.

Housing Crisis Deepens as Rents Hit Record Highs
New data reveals that Dublin’s rental prices have climbed by 12% year-on-year, pushing the average monthly rent for a one-bed apartment to €2,100. Housing advocates are demanding urgent government intervention, while opposition parties accuse the coalition of failing to deliver on its affordable housing promises.

Government Faces Backlash Over Carbon Tax Hike
The coalition government has come under fire after increasing carbon taxes by €10 per tonne, effective July 1. Opposition TDs argue the move will disproportionately impact low-income families, while ministers defend it as essential for meeting Ireland’s climate targets. Protests are planned outside Leinster House next week.

Dublin Central By-Election Heats Up Ahead of Poll
With the Dublin Central by-election set for July 18, candidates from Sinn Féin, Fine Gael, and Labour are locked in a tight race. The seat, vacated by a retiring TD, could shift the balance of power in the Dáil. Recent polls show Sinn Féin’s candidate leading by a narrow margin.

Landmark Legal Ruling on Workers’ Rights
In a significant employment law decision, the High Court ruled on July 3 that gig economy workers are entitled to full employee benefits, including sick pay and pensions. The case, involving a Dublin-based delivery driver, could set a precedent for thousands of workers in similar roles.

Dublin Airport Announces
Dublin Airport Authority has unveiled a €1.2 billion expansion plan, including a new runway and terminal upgrades, to accommodate rising passenger numbers. The project, set to begin in early 2026, is expected to create 5,000 construction jobs but faces opposition from local residents over noise concerns.

Unemployment Rate Drops to 4.1%, but Gaps

Latest CSO figures show Dublin’s unemployment rate has fallen to a post-pandemic low of 4.1%. However, business groups warn that a shortage of skilled workers in tech and construction could hinder further economic growth. Calls for increased investment in vocational training are growing.

Controversial Development Approved in Docklands
Dublin City Council has greenlit a controversial high-rise development in the Docklands, despite objections from heritage groups. The €500 million project will include offices, apartments, and a cultural space, but critics argue it will overshadow historic landmarks.

Retail Sales Decline as Consumers Tighten Belts
Retail sales in Dublin fell by 3% in June, marking the third consecutive monthly drop. Analysts blame rising inflation and higher mortgage costs for reduced consumer spending. Business groups are urging the government to introduce VAT cuts to stimulate the economy.

New Legislation Targets Short-Term Lets Amid Housing Shortage
The government has introduced stricter regulations on short-term rentals, requiring platforms like Airbnb to obtain planning permission for properties in rent-pressure zones. The move, effective July 5, aims to free up housing stock, but critics say enforcement will be a challenge.

Economics: Calls mount for tax relief ahead of 2026 budget

Amidst subdued economic activity, commentators have urged the Irish government to deliver income‑tax cuts and VAT reductions for hospitality. The aim is to bolster consumer confidence and support domestic spending, especially as global uncertainties persist

Politics: Controversy over GPO redevelopment divides Gov

TDs are set to vote on a plan to redevelop Dublin’s historic General Post Office into a mixed-use retail and office space. Sinn Féin is campaigning to retain public ownership, arguing the GPO is sacred ground, while government ministers contend the €500 million project offers a respectful balance of heritage and development

Elections: Fine GFianna Fáil coalition steadies course

Following the November 2024 election, the Fine Gael–Fianna Fáil coalition, supported by independents, continues to govern under Taoiseach Micheál Martin. Their first major test ahead of the 2026 budget is addressing cost‑of‑living pressures and sustaining public confidence

Legal: Dublin Airport passenger cap at centre of industry‑state standoff

Irish and US carriers are urging the government to lift the 32 million‑passenger cap at Dublin Airport, citing threats to economic growth and connectivity. Though temporarily relaxed for summer 2025, legal uncertainty and appeals continue

Employment: Job growth persists despite manufacturing dip

Although manufacturing activity contracted in early 2025, service and construction sectors maintained expansion and new hiring. The latest Dublin Economic Monitor characterizes the city’s labor market as stable but cautious

Real Estate: Major office and housing deals reshape the cityscape

Cubic Telecom’s Barry Napier purchased a prime Georgian‑era Herbert Street office, adding to his property portfolio . Meanwhile, Fortress Investment is preparing a €200 million sale of docklands rental units, testing demand in the rental market

Hospitality & Tourism: Hotel boom follows surge in live events

Dublin is in the midst of a hotel-building boom, with occupancy rates over 90% driven by major concerts and sports. New developments—from budget hostels to luxury conversions—are racing to ease undersupply

Fashion: Sustainable style leader Happy Days Style closes flagship

Dress‑rental pioneer Happy Days Style in Leopardstown announced its physical store will close July 11, due to personal reasons. The founder will continue its eco‑fashion mission online until August 31, leaving a legacy in Dublin’s sustainable fashion scene

Real Estate & Economy: Docklands block sparks investment test

Fortress Investment is lining up a €200 million sale of the Spencer Place block in Dublin’s north docklands. The development includes 329 build‑to‑rent apartments and co‑living units—reflecting trends in urban residential demand

What’s Coming Up in Dublin 🗓️

Here are 10 upcoming events across theatre, music, film, sports, and fashion:

Trinity Summer Series (June 30–July 6) – Outdoor concerts on Trinity College grounds featuring headliners like Mumford & Sons and Rag ’n’ Bone Man

Live at the Iveagh Gardens (July 4–19) – A boutique festival blending music, comedy, and performance in a historic

Longitude Festival (July 5–6) – Dublin’s premier multi‑genre music festival at Marlay Park, featuring hip‑hop, EDM, rock, and pop .

GAZE International LGBT Film Festival (late July–early August) – Ireland’s biggest LGBTQ film festival, screening diverse cinema across venues

Mumford & Sons at Malahide Castle (July 4) – Acoustic rock concert in an iconic outdoor venue

All‑Ireland Senior Football Final (July 27, Croke Park) – The climax of Ireland’s premier Gaelic football competition .

Corporate Tax Windfall Boosts Public Finances

Ireland’s Exchequer reported a €7.4 billion surge in corporate tax receipts for June, driven by strong performance in the tech and pharmaceutical sectors. This spike has reinforced Dublin’s fiscal resilience amid global uncertainty.

Economic Growth Slows Amid Global Trade Tensions

The ESRI’s Summer 2025 Economic Commentary revised Ireland’s modified domestic demand growth forecast to 2.3%, down from 3%. The Trump administration’s tariff policies have dampened global sentiment, affecting Irish exports despite pharmaceutical exemptions.

United Ireland Debate Gains Momentum A joint report by Dublin City University and Ulster University estimates the cost of Irish reunification at €3 billion in the first year, with financial burdens easing within a decade. The findings have reignited political discourse, with Sinn Féin calling reunification a “huge opportunity”.

Dublin’s Housing Completions Lag Behind Targets

Despite government efforts, only 33,000 housing units are expected to be completed in 2025, falling short of demand. Labour shortages and planning delays continue to hinder progress, prompting calls for a revised National Development Plan.

Employment Growth Remains Steady

Ireland’s job market added 66,000 positions in the first half of 2025, with unemployment holding at just over 4%. Wage growth outpaced inflation, resulting in a 3.5% real wage increase, particularly in business services and manufacturing.

Legal Sector Faces Reform Pressure The Irish Congress of Trade Unions criticized the government’s decision to prioritize VAT cuts over addressing child poverty. Meanwhile, legal professionals are pushing for reforms in personal injury compensation, citing a 17% rise in payouts as unsustainable.

Fashion Industry Embraces Sustainability Dublin’s fashion scene is shifting toward eco-conscious design. Local brands showcased biodegradable textiles and circular production models at the July Fashion Futures Forum, aligning with EU sustainability directives and attracting global attention.

Real Estate Market Sees Mixed Signals Commercial real estate in Dublin remains buoyant, with tech firms expanding office footprints. However, residential property prices have plateaued due to affordability concerns and slow construction rates, prompting policy reviews on zoning and land use.

Political Landscape Prepares for Autumn Elections With general elections expected later this year, parties are refining platforms around housing, healthcare, and EU relations. The government’s Shared Island Fund and Brexit mitigation efforts remain central to coalition messaging.

Dublin Airport Expansion Sparks Controversy Noise pollution and passenger cap debates have intensified around Dublin Airport’s expansion plans. Residents near flight paths demand stronger mitigation measures, while business groups argue the cap hampers tourism and trade.

Upcoming Cultural & Entertainment Events in Dublin

Dublin Fashion Futures Forum The Convention Centre showcase of sustainable fashion and innovation.

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