No fiscal panic yet, but figures highlight tax uncertainty and spending weaknesses
The weak revenue performance relative to Budget 2018 projections has now spread to all four key tax heads, including income tax, VAT, corporation tax and excise duties
Published a month ago, Exchequer returns for the first quarter of 2018 were both a blessing and a curse, with key tax shortfalls and some expenditure overruns causing a few cracks to appear in the Government’s fiscal façade.
Worse, yet: income tax receipts were trailing the projections by around 1.7 per cent. The miss was largely accounted for by sluggish self-employment filings. This outrun can signal a drop in activity at the...
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Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery