Home Archive by category Financial (Page 2)
Financial
The Finance Bill is to contain a provision which will adjust a loan-to-value restriction on the Government’s first-time buyer scheme. Originally the Budget stated that home buyers would have to take out a mortgage of at least 80% of the value of a home to qualify for the grant. However, there were concerns raised by […]
Financial
Interest deductibility for residential landlords is to be increased by 5% to 80% as part of measures in Budget 2017 to support the rental market. The rate had been restricted to 75% in 2009. In addition, full interest deductibility for landlords will be restored on a phased basis. It will increase by instalments of 5% […]
Financial
The Taoiseach Enda Kenny said Budget 2017 is the first in a series of budgets that are focused on what the public said was important. Speaking on RTÉ News, Mr Kenny said it was based on continued prudent management of the economy that takes into account coming challenges such as Brexit. The Taoiseach said he […]
Financial News
Government intensifies preparatory work on Brexit and announces All-Island Civic Dialogue to seek broad based views on all-island implications. Next Steps to include: · An all-island Civic Dialogue on Brexit with the initial meeting to be hosted by the Taoiseach and the Minister for Foreign Affairs and Trade on 2 November in Dublin. Invitations will […]
Financial
Bus Éireann has told staff that it is planning to separate its loss-making Expressway service from the rest of the company, and is also contemplating changing terms and conditions for staff working in that division. In a letter to employees, the company says that in the current financial situation, no payroll increases can be contemplated […]
Business Financial
GE plans to establish four prefabricated, off-the-shelf biologics factories for GE customers in GE BioPark Cork, creating up to 500 jobs GE’s factory is between 25 and 50 percent more cost-effective to build than traditional manufacturing facilities GE is also in the process of setting up a training collaboration with National Institute for Bioprocessing Research […]
Financial
A LEADING SUPPLIER of cigarette vending machines has said that it will take a legal challenge against the government if it brings in a proposed ban on those machines. The Department of Health has confirmed that it is in the process of drawing up legislation to ban the sale of tobacco products from vending machines. […]
Financial
Financial technology companies are increasingly considering Irish headquarters ahead of the UK’s departure from Europe, but there are concerns the Irish regulatory system cannot reform itself fast enough to meet demand. Brexit has pushed the issue into sharp focus with industry insiders saying companies will not wait out “political negotiations” but seek a quick move […]
Financial
Irish Water will need almost €300m from the Government to make up the cost of water charges. They expect to have a €123m cash shortfall this year alone according to the Irish Independent. The Government suspended charges for nine months from July 1st until March 31st 2017 to allow an experts to examine the funding […]
Financial
Summer time means that it’s time to put away that anorak for another few months, and slip into something a little less woolly. With temperatures set to stay high over the next couple of months, you’re going to need a summer wardrobe that you look good and feel good in. We’ve compiled a brief list […]
Financial
From time to time, Amazon wants to clear some stock, and sells items at very, very low prices. Here’s a brief list of some items you can grab on the cheap right now. 925 Silver lever back earrings handmade with teardrop crystal from SWAROVSKI – €13.50 These earrings are usually 85 pounds, but right now they’re […]
Financial
Dublin City Council is asking the public and interested parties about whether or not they think that the Local Property Tax (LPT) should be varied in Dublin city. The LPT is a tax charged on a percentage of the market value of all residential properties in Ireland. Section 20 of the Finance (Local Property Tax) […]
Financial Housing
  A cross-party committee set-up by the government  to tackle the housing crisis in Ireland has published its report. Established in April, the report calls for “most ambitious social housing project in the history of the State”. Solutions highlighted for Minister for housing Simon Coveney to implement include increasing the  rent supplement rate, rapid investment
Financial News
The Arts Council recently announced its investment plan for 2016, which will see it invest €60.1 million in bringing the arts to people and communities across Ireland. The annual investment strategy will see the Arts Council introduce its new 10-year strategy, Making Great Art Work, which sets out the direction the Council will take in leading the arts in Ireland […]
Financial
The Minister for Transport, Tourism and Sport, Pascal Donohoe TD, announced that €106 million is being earmarked to repair damages done to the transport infrastructure. The amount was agreed with by the Minister for Public Expenditure and Reform, Brendan Howlin TD. The money will be used  to fix roads and bridges, along with rail networks that have been damaged by the […]
Financial
On the 22nd January, a cyber-attack hit a number of Irish websites. Central Statistics Office, the Oireachtas, the Department of Justice, the Department of Defence, the Courts Services of Ireland and The National Lottery were all hit. Daft and Boards were also brought down. Each of them went offline one after the other in quick succession. As of yet, […]