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Dublin: 12 °C Saturday 25 October, 2014

Economy - Today’s News

Minister Bruton is going to the US to explain the death of the ‘Double Irish’ tax loophole

He is also meeting over 17 companies in a hope to drum up some jobs in Ireland.

Economy - Yesterday’s News

From TheJournal.ie ‘Half-baked madcap proposal’ – TD criticises proposed north Dublin pipeline project Going Underground

‘Half-baked madcap proposal’ – TD criticises proposed north Dublin pipeline project

Independent Dublin TD Tommy Broughan raised his concerns in the Dáil yesterday.

Permanent TSB will need to find €800m after failing stress test

Bloomberg are reporting that the bank failed on the most extreme scenario.

Economy - Thursday 23 October, 2014

From TheJournal.ie Water Charges relief on its way for those not on social welfare Finance Bill

Water Charges relief on its way for those not on social welfare

The Finance Bill introduced today gives effect to measures introduced in Budget 2015.

Irish airports will get 1.8m more passengers this year, but regional hubs are missing out

It was good enough for the Queen, but Cork Airport hasn’t been getting any love from those extra punters.

From TheJournal.ie The Education Minister gave the head of Waterford IT a “tough” talking-to this morning Get It Together

The Education Minister gave the head of Waterford IT a “tough” talking-to this morning

Waterford IT sent an email to college bosses in Carlow to tell them they were pulling out of a planned university bid.

From TheJournal.ie Will Enda snub the Central Bank to keep deposits at 10 per cent? First Time Buyers

Will Enda snub the Central Bank to keep deposits at 10 per cent?

A new mechanism to make sure houses remain affordable for first-time buyers is being considered by the coalition.

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From TheJournal.ie Our cows are emitting so much gas that Ireland is looking for help from the EU Cattle

Our cows are emitting so much gas that Ireland is looking for help from the EU

The agriculture sector is looking for special treatment on new greenhouse gas targets.

From TheJournal.ie Rent controls won’t fix the Irish market, tenants’ board warns Ain't Nothing Goin' On

Rent controls won’t fix the Irish market, tenants’ board warns

The situation does need to be sorted quickly, though.

Good news: Your boss might be planning a wage bump for you

More than half of businesses in Ireland are planning to increase basic employee salaries.

Economy - Wednesday 22 October, 2014

From TheJournal.ie Nearly all the assets from Nama’s €17.5 billion in fire sales have gone to offshore buyers Nama Drama

Nearly all the assets from Nama’s €17.5 billion in fire sales have gone to offshore buyers

And the bad bank’s boss says if overseas owners want to pull apart Irish businesses there’s not much he can do.

From TheJournal.ie There were loads more Brazilians in Ireland last year… And here’s why* Waxing Not Waning

There were loads more Brazilians in Ireland last year… And here’s why*

*We’re talking about the people, not the *ahem* beauty treatment.

Why one Irish bank will probably fail European stress tests, but you shouldn’t worry (much)

Results will come out on Sunday. Don’t they know it’s a long weekend?

From TheJournal.ie Dublin apartment prices are up 35% in a year, but the house market is finally starting to cool Pricey Pads

Dublin apartment prices are up 35% in a year, but the house market is finally starting to cool

Most of buyers’ ‘mattress money’ that was built up during the boom years is gone.

From TheJournal.ie Great deal* for workers as Groupon plans 100 new jobs Jobswatch

If all goes to plan, Nama will be no more in four years

The State’s bad bank is aiming to wind up ahead of schedule.

Economy - Tuesday 21 October, 2014

Ireland-based pharma firm’s €43b merger is off, but it could get a Botox injection instead

Dublin-headquartered Shire and US company AbbVie pull the plug on their big pharma deal.

From TheJournal.ie Car buyers will pay €1 billion in tax this year to get their vehicles on the road Pricey Wheels

Car buyers will pay €1 billion in tax this year to get their vehicles on the road

New registrations have been up nearly 30% in 2014 so far.

Economy - Monday 20 October, 2014

Five new research centres on the way following €245m investment

The centres will be located at Trinity College Dublin, UCD, NUI Galway and UL.

From TheJournal.ie Fancy a job as a public servant? Recruitment for 550 positions has started Jobswatch

Fancy a job as a public servant? Recruitment for 550 positions has started

The job will be filled over the next two years.

From TheJournal.ie How will ‘unprecedented’ levels of oil and gas exploration affect wildlife? Survey

How will ‘unprecedented’ levels of oil and gas exploration affect wildlife?

The Government has announced a new plan to carry out surveys of areas of potential exploration.

From TheJournal.ie Primary school pupils are being prepared to work in the 21st century Digital Skills

Primary school pupils are being prepared to work in the 21st century

A survey of 300 Irish primary schools said access to high speed broadband is an obstacle.

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Ireland’s first real estate trust is now making nearly €53m a year in rent

Green REIT has finished a €375 million office and shopping-centre buyout as property trusts keep on spending big.

There’s been a surge in new building projects since January

Project commencements are up 40 per cent, compared to the first 8 months of 2013.

‘Panic buying’ is gone from the property market say estate agents

The Real Estate Alliance say that prices are rising but homebuyers aren’t feeling pressured.

From TheJournal.ie The government is spending €245 million on five world-class science centres Yeah Science!

The government is spending €245 million on five world-class science centres

The funding will support 700 existing and new scientific research positions.

Economy - Saturday 18 October, 2014

Is Ireland really ‘the best small country in the world to do business in’?

These are the bills which are making it hard for owner-operators to compete in the global market.

From TheJournal.ie €80 million … That’s how much could be raised by hiring 100 extra tax staff Money Money Money

€80 million … That’s how much could be raised by hiring 100 extra tax staff

A fully trained auditor can bring in €800,000, according to Finance Minister Michael Noonan.

Economy - Friday 17 October, 2014

Think Dublin is an expensive place to set up shop? It’s going to get much worse

Office rents could be back at pre-crash prices within three years.

Economy - Thursday 16 October, 2014

They’re offloading more premium drinks, but Guinness brewer Diageo has still taken a hit

The world’s biggest spirits group suffered a bit in Europe… and a lot in China.

Massive merger between US and Dublin-based big pharma outfits looks dead in the water

AbbVie seems almost certain to walk away from the €43 billion agreement because of US tax rule changes.

From TheJournal.ie Ireland ranks roughly between Poland and Colombia as a desirable place to work What About The Craic?

Ireland ranks roughly between Poland and Colombia as a desirable place to work

And locals are among the most keen in Europe to get out of their home country for a job.

Economy - Wednesday 15 October, 2014

Poll: Is your business really any better off after Budget day? Good Budget Bad Budget This post contains a poll

Poll: Is your business really any better off after Budget day?

We look at what’s in Budget 2015 for business and ask how much it all means to you.

Goods exports are up more than €400 million on last year

The figures for August show increases in exports of organic chemicals and pharmaceutical products but a fall for dairy products and birds’ eggs.

US pharma giant’s €43 billion deal with Ireland-based firm could be off the table now

AbbVie is rethinking its merger with Dublin-headquartered Shire after changes to tax “inversion” rules.

Ireland’s biggest hotelier buys two landmark properties in Galway and Wexford

The Dalata Hotel Group spent €31m on the deals, but still has plenty to spare from its stock float in March.

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From TheJournal.ie Four years, 10,000 units: Here’s how the Government plans to boost social housing New Gaffs

Four years, 10,000 units: Here’s how the Government plans to boost social housing

Brendan Howlin’s announced €2.2 billion in spending… Here’s how the money will be used.

From TheJournal.ie The main things you really need to know from Budget 2015 Budget 2015

The main things you really need to know from Budget 2015

Taxes, cigarettes, child benefit….

From TheJournal.ie They said they’d be cutting taxes and they have. Here’s where the savings are: Good News

They said they’d be cutting taxes and they have. Here’s where the savings are:

After all those kites, here’s the meat of what’s being brought in by the coalition….

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