News

Varadkar stresses wisdom of managing public finances ‘soundly’

The Tánaiste has said the framework for the upcoming National Economic Plan would have to be based on the wisdom of managing the public finances soundly. Launching a stakeholders engagement workshop for the strategy – due to be published next month, Leo Varadkar said the State had entered the pandemic with the public finances in […]

Continue Reading

Sterling holds near new highs as Brexit talks restart

The pound slipped slightly this morning, but remained close to six-week highs it touched on the previous day after news that stalled Brexit negotiations were due to resume.  Sterling rose by as much as 1.7% against the dollar yesterday after the European Union’s chief negotiator Michel Barnier said that an EU-UK deal was “within reach”. […]

Continue Reading

EU and UK negotiators to resume stalled post-Brexit talks in London

EU and UK negotiators will resume talks in London later today after both sides agreed to set out an intensified schedule of negotiations in the coming weeks. A joint statement issued last night effectively removed a threat by British Prime Minister Boris Johnson to end the talks completely and to prepare the UK for a […]

Continue Reading

Half of people on Pandemic Unemployment Payment to get €50 increase

HALF of those claiming the pandemic unemployment payment will get a €50 increase in their payment bringing it to €350 a week. A total of 122,000 people will benefit from the hike in payment from next week. The top rate at the moment is €300 a week so the increase will mean they get an extra […]

Continue Reading

RTÉ to reinstate frozen incremental wage increases

RTÉ is to make immediate arrangements to reinstate previously frozen incremental wage increases to affected staff, after accepting a recommendation of its internal Industrial Relations Tribunal. Earlier today, the IRT ruled that the broadcaster had been wrong to impose a unilateral freeze on increments, which unions argued was unfair as it had a disproportionate impact […]

Continue Reading

EU Council chief says UK has choice to make on Brexit

Britain has sovereign choices to make on Brexit and they will determine its future access to the EU’s internal market, European Council President Charles Michel has said. He suggested it was now up to the British government to break an impasse on negotiations. “The UK now has an important choice to make on its own future,” […]

Continue Reading

EU pledges to intensify talks on Brexit and legal texts

Senior European Union officials have said the EU is ready to intensify talks towards a deal on future trade ties with the UK after a meeting to discuss the existing Brexit agreement. European Commission Vice President Maros Sefcovic said that Britain had much work to do to honour commitments on the island of Ireland. He said […]

Continue Reading

Urgent need to focus on pension sustainability here – Mercer

Ireland is ranked in 14th place out of 39 countries in the 2020 Mercer Global Pensions Index despite the country’s underlying sustainability issue.  The Netherlands topped the index again this year despite significant pension reform currently under way there, but Ireland came ahead of countries such as Belgium, the UK, France, Spain and Austria.  Mercer […]

Continue Reading

Retailers disappointed at decision to close all non-essential retail

Retailers have reacted with deep disappointment to the Government’s decision to close all non-essential retail as part of the move to Level 5. Retail Ireland described it as a serious blow and said there is very real concern that many vulnerable retail businesses will not survive. Business reaction to last night’s move by the Government […]

Continue Reading

Tánaiste says Govt may review PUP cut plans in January

The Tánaiste has indicated that the Government would review the plan to further reduce the Pandemic Unemployment Payment in January if the country is still in the teeth of the pandemic. Speaking during Leaders’ Questions in the Dáil, Leo Varadkar said the moving of Donegal, Monaghan and Cavan to Level 4 was a bitter blow to people there but […]

Continue Reading