Kenny Jacobs, CEO of DAA, warns that adhering to the 32-million passenger limit at Dublin Airport could potentially result in a half-billion-euro reduction in expected tourist revenue for Ireland’s economy in 2025, as reported by the Sunday Business Post. The chief of the airport operations further asserts the possibility that this ceiling may jeopardise nearly 1,000 aviation jobs in the approaching year.
Mr Jacobs maintains that this limitation would significantly impact Ireland’s tourism earnings with anticipated one million fewer passengers at the airport in the next year. He estimates that around 300,000 of these individuals would be tourists whose average expenditure would be €1,750. Consequently, the lesser passenger count in 2025 would imply a decrement of more than €500 million in the economy’s tourism spending.
In other news, Fine Gael’s electoral blueprint is set to include tax cuts and business aid, as suggested by the Sunday Business Post. Leakages from an inter-party draft, scanned by the Post, disclose Taoiseach Simon Harris’s party’s strategies to focus on 21 significant policy arenas given widespread conjecture about an election being conducted by November 15 at the latest.
Based on revelations from the leaked report, it seems that Fine Gael aims to establish itself as a pro-business, low-tax party that advocates for prospective homeowners. The document demands feedback on propositions to enhance housing, infrastructure and enterprising policies through measures like the expansion of the help-to-buy scheme and a reduction in Capital Gains Tax.
Furthermore, the Sunday Independent reports that several businesses are making efforts to attract employees back to the office, with incentives such as free lunches. The data suggests a rising trend in office-focused food delivery services, as companies aim to make the workplace appealing for home-based employees.
Scott’s of Mayfair, a prestigious London based restaurant frequented by celebrities and royalty, is reportedly seeking to establish a presence in Dublin, as reported by the Sunday Independent. It appears that representatives of the famed eatery, recognised for its seafood cuisine, have been confidentially exploring potential sites in the city centre for this proposed expansion.
Meanwhile, Pavel Durov, the CEO of the popular messaging app, Telegram, has been apprehended at a French airport, as per BBC reports. The arrest took place post-touchdown of his private aeroplane at Le Bourget Airport, putting the 39-year-old billionaire behind bars, as confirmed by French press. The arrest, under a warrant issued, is apparently due to allegations that Durov did not enact necessary measures to prevent criminal activity on his telegram platform, with a specific focus on the app’s dearth of moderators.