The Irish Fiscal Advisory Council, under the leadership of Seamus Coffey, has issued a stark warning stating that governmental policies are inadvertently inflating household costs by approximately €1,000, thereby adding unnecessary strain on the price situation. This critique becomes increasingly pressing as the budget nears, according to Eoin Burke-Kennedy, who provides thorough analysis of the situation.
A longtime administrative staff member from the country’s leading trade union received an award of €15,000 from the Workplace Relations Commission. This individual was found spending most of her time indulging in coffee and crossword puzzles, due to the lack of assigned tasks following her election to the internal staff council.
Starting a family is a life-altering decision with significant cost implications. Joanne Hunt offers an in-depth exploration of what’s involved.
The Taoiseach proposed a Department of Infrastructure – a subject John McManus examines in his column, offering existing solutions to the country’s infrastructure deficit.
In regard to the 2025 Budget expectations, subjects such as income tax modifications, living cost payments, and inheritance tax are being pondered.
The television series Mad Men has recently been made available for streaming on the RTÉ Player, making the DVD collection obsolete.
The question of legal entitlement to a property promised repeatedly to a couple is raised.
The apprehension of the founder of Telegram stirs up queries about the accountability of major tech companies.
Paschal Donohoe paid a visit to London’s financial district to highlight the benefits the EU capital markets union might bring. During this trip, he discussed with Mark Paul how this could advantage both Ireland and The City.
Irish service sector activity reported ongoing solid growth throughout August as per the most recent purchasing managers index (PMI) published by AIB. New business and employment expansion sped up last month, while backlogs grew at the fastest rate in nearly twelve months. However, current forecasts for the next twelve months are the most pessimistic since November 2022, as reported by Laura Slattery.
Concerns are escalating among Volkswagen’s workforce in Germany as they anticipate significant job losses. Uncertainty rises as the executive, indicted for supervising pervasive diesel fraud, has finally been tried. According to Derek Scally, Martin Winterkorn, the prior VW CEO and an influencial figure in German business, is not directly accused of the fraud scandal which was uncovered nine years ago. Allegedly, his guilt lies in his inaction upon learning of the fraud and his failure to promptly alert markets.
In Ireland, the DAA, a manager at Dublin Airport, has expressed disappointment over a decision by the aviation regulator, ordering it to reconsider the charges it plans to impose on airlines the coming year. This follows the publication of a report by the Irish Aviation Authority, confirming their May ruling. Colin Gleeson unveils more about the probe by the regulator conducted following an objection by Ryanair.
Meanwhile, a mortgage arrears review group, commissioned by the government, has recommended scrapping the existing €3 million debt limit for individuals seeking insolvency resolutions. The proposal seeks to address over 20,000 long-standing arrear cases nationwide, as Joe Brennan relays.
The representative organisation for Irish study-abroad education programs is currently probing reports of unwarranted utility fee hikes by private student housing firms this summer, Ian Curran discloses.
On the business scene, Company Press Up Group’s Dean Hotel situated on Harcourt Street in Dublin recorded approximately €2.3 million operating loss in the year before the selling of a majority interest in the broader hotel group to investors from the UK and the US.
In the realm of commercial property, developers Paddy McKillen jnr and Matt Ryan, following acquiring planning consent for wellness facility, spa and interpretative centre in Booterstown, southern Dublin, are now scouting for a potential buyer for the site priced at around €5 million, informs Ronald Quinlan. Furthermore, Ronald reports that Atland Voisin, a French investor, has entered into Ireland’s commercial real estate market with an approximate €24 million investment in “20 on Hatch”, a prime office building located on Lower Hatch Street in Dublin’s city centre.