Broadband plan ‘won’t mean cuts or tax hikes’, says government
The government has insisted that the huge capital outlay required to deliver the project will be funded entirely from future revenues rather than through tax increases or abandoning other capital projects
The National Broadband Plan (NBP) will cost taxpayers almost €800 million over the next three years, but will be delivered without any tax hikes or spending cuts, according to government.
National Broadband Ireland (NBI) was named as the preferred bidder for the controversial NBP last month. US businessmen David McCourt, the head of Granahan McCourt, and Walter Scott Jr are the ultimate owners of NBI.
The state will provide a subsidy of up to €2.97...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Willie O’Reilly: Iniesta’s schoolboy error could cost him dearly
The former Barcelona playmaker is in hot water after he endorsed a cryptocurrency platform on Twitter without disclosing that he had been paid to do so
Susan O’Keeffe: IFAC’s analysis deserve to be discussed by civil servants and advisors in a public way
Any rejection of the Council’s advice must be grounded in solid argument
John Walsh: Sinn Féin may find political prose harder than opposition poetry
Assuming it is the main player in the next government, the party is likely to soon find out that keeping its promises will come at a high price