Archive for December 2020

The budgetary watchdog, the Irish Fiscal Advisory Council (IFAC), has said the Government’s commitment in the Budget to support incomes and the economy is “appropriate”. However, it was critical of billions in non-Covid expenditure commitments for which it said there were no long term funding plans in place. The Government is expected to borrow over €20bn…

A new report shows that nearly two in three Irish law firms recorded a decline in revenue over the last year. Six out of ten firms cited maintaining profitability as a key challenge facing the sector over the next two to three years. The report from accountancy and professional services firm Smith & Williamson – its…

A total of 7,412 people have availed of the Department of Social Protection’s Enterprise Support Grant since applications were opened in August.  The once-off payment is worth up to €1,000 per person and €6.85m has been paid out in Enterprise Support Grants since August. It is aimed at sole traders such as plumbers, electricians, carpenters…

Crunch talks aimed at securing a post-Brexit trade deal between the European Union and UK will resume today in what could be the final week of discussions. The EU’s chief negotiator Michel Barnier and his counterpart David Frost will meet again in London as they seek to hammer out an agreement. With just a month to…