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Business Financial News
The Minister for Finance, Michael McGrath TD, and the Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe TD, welcomed the publication of the IMF’s assessment of the Irish economy, the Staff Report for the 2023 Article IV Consultation. Ireland’s 2023 Article IV Consultation was set against the backdrop of Budget 2024, […]
Business Financial News
The Minister for Finance, Michael McGrath TD, welcomes the publication by the European Commission of its Opinion on Ireland’s Draft Budget 2024. Overall, the Commission is of the opinion that Ireland’s DBP is in line with the recommendations adopted by the Council in July which, amongst others, recommended Ireland to maintain a sound fiscal position […]
Business Financial News
Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). This follows on from the firm receiving cryptoasset registration from the UK’s Financial Conduct Authority (FCA) in July 2022 and its In-Principle […]
Business Financial News
This guide provides a high-level overview of Budget 2024. It aims to explain how money will be raised and spent in 2024. One-Off Cost of Living Supports Measure Date €450 electricity credits (3 x 150) 2023/24 €300 Fuel Allowance lump sum Winter 2023 €200 Living Alone Allowance lump sum Winter 2023 Double month Child Benefit Winter 2023
Financial News
The Minister for Social Protection, Heather Humphreys TD, has announced the start of the National Fuel Allowance Scheme for the 2023/24 Season. Fuel Allowance, which is a means-assessed payment, will be paid for 28 weeks to some 404,000 households across the State. The payment is made at the weekly rate of €33 or if preferred, […]
Business Financial News
Minister for Enterprise, Trade and Employment, Simon Coveney, along with the Minister for Agriculture, Food and the Marine, Charlie McConalogue, and Minister for Finance, Michael McGrath, have announced Bank of Ireland as the first lender to the market for the €500 million Growth and Sustainability Loan Scheme. A number of other lenders, including non-bank lenders, […]