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The Irish Fiscal Advisory Council (IFAC) has said the planned increases in public investment under the National Development Plan (NDP) will help Ireland achieve its climate and housing goals. However, it warns that projects will have to be better run to avoid substantial cost overruns. The NDP raises public investment to an average €11.8 billion…

A new survey shows that board level discussions of environmental, social and governance (ESG) matters are up 30% since the start of the Covid-19 pandemic. The survey, from the Diligent Institute and Institute of Directors in Ireland, reveals that ESG is being treated with increasing importance by business leaders. 59% of respondents said that ESG…

Chambers Ireland said today that there is a growing unease within the business community regarding the Government’s pandemic planning. Ian Talbot, Chambers Ireland chief executive, said there was a serious concern across the network that the country is moving towards another post-Christmas “circuit-breaker” lockdown. “Businesses are paying the price for a continued lack of action…

Small and medium sized food companies in Ireland are being hit with input cost rises of almost 30%, according to research from the representative group Love Irish Food. Companies said costs were rising across the board, but the most significant hikes were being experienced in the areas of transportation, followed by raw materials and energy…

The Taoiseach has announced fresh restrictions as Covid-19 infection rates surge across the country. Micheál Martin said without the success of the vaccination programme, there is “no doubt Ireland would be in full-scale lockdown”. However, he said new curbs have been introduced in a “collective effort to keep our economy and society open” and keep…

Euro zone gross domestic product (GDP) rose 2.2% on a quarterly basis in the three months from July to September, the European Union’s statistics office Eurostat said today. This confirmed its previous flash estimate from the end of October. Eurostat said economic growth in the 19 countries sharing the euro was 3.7% higher than in…

People should work from home unless it is absolutely necessary they attend in person, the Taoiseach has said. Announcing a series of measures aimed at slowing the spread of Covid-19, Micheál Martin said the Cabinet has agreed to pause the “phased and cautious return to the workplace”. The Government position since September had been for…

The Cabinet will today consider a proposal that would strongly advise people to work from home. The move is being described as far-reaching and people will be advised to attend a workplace only when it is necessary. It follows close to five hours of discussions among the Taoiseach, ministers and health officials at the Cabinet…

Recipients of the Pandemic Unemployment Payment (PUP) will see the amount they receive reduced further from today. The move is part of the ongoing process of gradually winding down the payment. Those currently receiving €300 a week will see their payment fall to €250, while those on the €250 rate will see it drop to…

Returns for around 23% of properties liable to the Local Property Tax (LPT) have not yet been made, nearly a week after the deadline for submission. Revenue said it has received LPT returns for 1.5 million properties, representing 77% of the expected numbers of properties that returns for the tax should not have been made…