We need a big-picture budget like no other
Analysis: Budget 2021 must be about Paschal Donohoe and Michael McGrath assembling a coherent response to the coronavirus crisis
Budget 2021 will be like nothing that came before it. The Budget Day rulebook is out the window as the Ministers for Finance and Public Expenditure and Reform prepare to announce their plans on Tuesday.
There will be no giveaways, just restitution in 2021 for lost earnings, lost opportunities and lost jobs in 2020. Given that many businesses are already feeling the tighter pinch less than a week into level 3 Covid-19 restrictions nationwide, getting it right is critical.
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AIB financial targets will be met by closures and 1,500 job cuts
The bank, which is 71 per cent owned by the Irish taxpayer, may also be looking towards acquisitions, one of which is the wealth management company Goodbody stockbrokers which it formerly owned
Brian Keegan: Businesses deserve a reward after such a tough year
It’s clear from the November exchequer returns that Irish firms have been doing the right thing throughout the coronavirus crisis
Credit guarantee: The money’s there, but where is it going?
With very little of the €2 billion credit guarantee cash having found its way to stricken companies, some are speculating that the banks are too busy dealing with underperforming loans to lend cash to firms