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Michael McGrath

Budget 2023

Budget to include 6.5% spending increase to tackle cost of living

This year’s Budget will be brought forward by two weeks to September 27, the government announced as part of today’s Summer Economic Statement
  • Daniel Murray
  • July 4, 2022
Politics

Fuel and energy tax cuts to be extended as part of €2bn budget package

As the cost of living crisis continues to bite, cabinet ministers are due to sign off tomorrow on the Summer Economic Statement, which will give an update on the framework for the upcoming budget
  • Michael Brennan
  • July 2, 2022
Industrial Relations

Government holds out on revised pay offer for 340,000 public sector workers

Tánaiste Leo Varadkar had earlier claimed that he expected the government to re-engage and make a ‘further offer’
  • Michael Brennan
  • June 25, 2022
Public Sector

Unions refusing to re-enter talks unless government improves on its €1.2 billion pay offer

Government unwilling to go above 5 per cent, while unions claim the offer must close the gap with inflation rate currently running at 7.8 per cent
  • Michael Brennan
  • June 18, 2022
Employment

Susan O’Keeffe: McGrath can follow KFC’s lead as he approaches crunch talks on a wing and a prayer

The Public Expenditure Minister will have to be creative when he steps into the Work Relations Commission to negotiate pay rises for the public sector
  • Susan O'Keeffe
  • June 10, 2022
Infrastructure

Snowballing costs of current state projects ‘could scupper future NDP plans’

The Office of Government Procurement has warned that public works yet to be tendered for could be jeopardised by inflation-driven cost overruns in the present
  • Peter O'Dwyer
  • May 28, 2022
Economics

Competitiveness watchdog warns state to temper response to pay demands

Chair of NCPC says Ireland should beware the risks of chasing inflation with ever-higher wages, as happened in the 1970s and 1980s
  • Peter O'Dwyer
  • May 21, 2022
Infrastructure

Government to access €400m of unspent capital for NDP projects

Public Expenditure Minister has announced that the state will pay 70 per cent of construction cost inflation on recently signed public works contracts to safeguard key projects
  • Peter O'Dwyer
  • May 15, 2022
Infrastructure

Review of roads budget gets underway as construction inflation spikes

The review by Transport Infrastructure Ireland is seeking to determine ‘how much the current budget can deliver’, and how many projects can be progressed
  • Peter O'Dwyerand
  • Daniel Murray
  • May 8, 2022
inflation

Builders ‘downing tools’ on major road projects as construction prices soar

Industry representative warns backlog is growing as schemes are deferred, and says prices must be adjusted to ensure delivery
  • Peter O'Dwyer
  • May 1, 2022

ICTU boss says industrial action ‘inevitable’ if pay deal unaltered

Kevin Callinan, president of the Irish Congress of Trade Unions, said current agreement wasn’t ‘fit for purpose’ following leap in inflation
  • Michael Brennan
  • April 24, 2022

McGrath questioned Donnelly over HSE governance after health tapes revelations

The Minister of Public Expenditure sought clarity from the Minister for Health regarding his department’s management of the HSE’s finances, in the wake of a Business Post investigation
  • Aaron Roganand
  • Daniel Murray
  • April 24, 2022

Donohoe warns no more can be done to offset inflation impact

Publishing the government’s stability programme update last week, the finance minister said that its €1 billion package was as far as the state could go to buffer the effects of rising prices
  • Peter O'Dwyer
  • April 17, 2022

Government considers possibility of payment scheme for housing Ukrainian refugees

The public expenditure minister says officials are evaluating the practicalities of any such scheme and liaising with other departments but no developed plan is in place
  • Peter O'Dwyer
  • April 17, 2022

Key projects in €165bn development plan at risk as inflation bites

Latest figures from the CSO show that the price of construction materials are up almost 20 per cent in the first quarter of this year, while builders say fixed pricing makes contracts commercially unattractive or unviable
  • Peter O'Dwyer
  • April 17, 2022

Plan for 20% remote working in civil service published

The 54-page document has been eagerly awaited by civil servants
  • Michael Brennan
  • March 31, 2022

Ireland can afford to take in Ukrainian refugees, McGrath says

The Minister for Public Expenditure said that the prospect of 100,000 refugees coming into the country could have significant cost implications across a range of departments
  • Daniel Murray
  • March 13, 2022

Extra measures to tackle cost of living must be once-off, McGrath warns

Government rules out ‘mini-budget’, increases to social welfare and tax cuts from support package
  • Michael Brennan,
  • Lorcan Allenand
  • Killian Woods
  • February 6, 2022

Public sector workers to seek inflation-busting pay increases

The move comes as the government prepares to accept a recommendation to shorten the working week for many state employees by reversing a previous decision to extend their hours
  • Michael Brennan
  • January 16, 2022

Ministers approved €53k salary boost for new Horse Racing Ireland chief

Suzanne Eade was appointed to the role late last year on an annual wage of €190,000, despite the starting salary for the position being €137,356
  • Ken Foxe
  • January 16, 2022

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