Stock Take Eurozone inflation falls to 2.4 per cent The fall in inflation is one of the clearest signs yet that the ECB’s interest rate hikes are working
Business Revenue faces backlash over new staff benefits reporting rules From January, companies will be required to tell Revenue in real time if they pay non-taxable benefits but many are unhappy about the plan
Companies Ray Wilson, Plenary director: €9.5bn price tag for Dublin MetroLink ‘sounds deliverable’ Estimates for metro project in the capital range from €7.16 billion to €12.25 billion
Manufacturing Irish manufactuers warn of further cost increases as hiring is forecast to slow sharplyThe 2023 Manufacturing Report from Ibec shows companies are still worried about cost inflation and are planning to hire less staff this year
Opinion Sharp fall in corporation tax revenues a clear warning that Ireland cannot rest on its laurelsBudget 2024 has introduced many welcome measures, but issues like housing must be addressed to allow for an increased labour force
Tech Sector Tech firms demand time to assess ‘raft’ of new laws affecting businessOne business leader says guidance is needed to clarify what is required from firms to comply with new laws such as the forthcoming Artificial Intelligence Act
Opinion Ibec’s budget ask: bolster businesses squeezed by living wage increasesSharon Higgins of the business lobby group says policy change will raise firms’ pay bill by a quarter, and create knock-on challenges for firms
Budget 2024 Government playing ‘reputational high-wire act’ on corporate tax, warns IbecThe business lobbying group has three key priorities for the budget: the National Training Fund, the minimum wage and R&D tax credits
budget 2024 Show us the money: what industry wants from Budget 2024With all signs pointing to a big budget, business groups have been pitching to get increased spending, tax cuts and other perks for their sectors. Here’s what they want
Tax Ibec calls for 9% Vat rate for hospitality to be kept as minimum wage set to riseThe business representative group said that retaining the special rate is vital supporting jobs in the sector
Economy Economy’s outperformance won’t last ‘indefinitely’, Ibec warns Domestic demand is forecast to grow by 3.4 per cent this year, but is expected to slow to 2.3 per cent in 2024
Economy Ibec calls for new €30bn infrastructure fund as part of pre-budget submissionThe employer’s representative body said the government needed to increase spending on infrastructure to tackle the “systemic congestion” in the economy right now
Analysis John Walsh: Our housing provision system is at breaking point and needs a radical overhaulIbec’s idea to use rising tax revenues for a national infrastructure fund makes sense, but the housing crisis shows that the way we spend the money is as important as putting it aside
Industrial Relations House prices will have to fall if we don’t want our kids to emigrateOwen Reidy of the Irish Congress of Trade Unions says homeowners must be prepared to take the possible hit on property values, as current spiralling house prices are creating a situation where we are ‘exporting our kids’
Economy Lorcan Allen: Spending surging corporate taxes wisely will require strict political discipline With the corporate tax rate increasing to 15 per cent next year, there is a real risk of overheating the economy if the extra revenue is spent domestically
Politics Businesses hail Northern Ireland deal as a win for consumersCompanies say it is crucial that the Northern Ireland assembly is now restored
Economy Ibec upgrades forecast as inflation predicted to fall below 4%Business lobby group says prolonged recession in Europe is unlikely this year due to reduced exposure to energy price inflation
Hospitality Extension of lower tourism and hospitality Vat rate welcomed by stakeholdersIbec also welcomed the measures announced by government
Comment Fergal O’Brien: Diversity and inclusion are good for society and for the economy An open and tolerant society is a key driver for social and economic prosperity, despite claims to the contrary by a loud minority
Economics Ibec calls for similar labour market rules North and SouthBusiness lobby group boss tells Oireachtas committee on Good Friday Agreement says greater alignment will maximise all-island economy