Friday April 3, 2020

Newsround: what Tuesday's papers say

Fianna Fáil declines to rule out return of water bills and 15 cars missing in new scandal at credit union

22nd November, 2016
Wednesday's papers

The top stories in Tuesday's newspapers:

THE IRISH TIMES

- The paper leads on Garda Commissioner Nóirín O'Sullivan, reporting that she broke the force's rules when she used a gmail address for dealing with Garda business. O'Sullivan confirmed that due to restrictions on size and storage on the Garda email system, she occasionally used the gmail address, raising concerns about security.

- The front page also features William Trevor, who died on Sunday night at the age of 88. His death is "an immense loss to all readers who value the power of words and the beauty of a story well told," President Michael D Higgins said of the novelist, playwright and short story writer.

- On its Home News pages, the paper reports that Fianna Fáil has declined to rule out the return of water bills if an independent expert commission, due to report on November 30, proposes such a move.

- The business section carries a report on the wind-up of Rush Credit Union, reporting that the liquidator is expected to maker its loan book for sale this week after the High Court ordered the winding up of the community lender in north Co. Dublin.

FINANCIAL TIMES

- Brussels is proposing to tighten its grip over overseas banks operating in the EU in a tit-for-tat step against the US that will raise costs for big foreign lenders and potentially hurt the City of London after Brexit, the paper says on its front page.

- The European Union's most senior judge, Keon Lenaerts, said Brexit is likely to end up before the European Court of Justice while the paper also reports on British prime minister Theresa May's speech to business leaders in London yesterday in which she hinted at a soft landing to avoid a Brexit "cliff edge".

- UK Chancellor the Exchequer Philip Hammond will announce more than £400 million to expand Britain's "full-fibre" broadband network as part of the Autumn Statement tomorrow. More than two million homes will be connected under the scheme which will see public money matched by private finance.

- The FT Big Read focuses on social media, reporting that Google, Facebook and Twitter are belatedly tackling the problem of false stories, which became headline news in a divisive US election, but critics say nothing will change unless they accept their role as publishers.

IRISH INDEPENDENT

- The paper makes the Rush Credit Union its front page lead, reporting that forensic accountants probing the credit union have been unable to work out what happened to 15 cars that were supposed to be prizes in draws.

- It also reports that British prime minister Theresa May has pledged to slash the UK's corporate tax rate to the lowest of the world's 20 biggest economies and also signalled her government would seek a bridging arrangement with the EU that could allow for new trading agreements to be thrashed out.

- Property prices will rise even further if the Central Bank loosens its mortgage lending rules, Davy Stockbrokers has warned, amid expectations the bank will allow banks to grant more exemptions from the deposit limits and that first-time buyers will be allowed to borrow more money before they require a 20 per cent deposit.

- Its business pages report that leaders from nations around the Pacific rim have vowed to fight protectionism amid fears that Donald Trump will pull the US out of the 12-nation Trans-Pacific Trade Partnership (TPP) trade deal when he assumes the US presidency.

IRISH EXAMINER

- The paper reports that Transport Minister Shane Ross has been left isolated in the public row over judicial appointments after Enda Kenny yesterday said he supported the right of the state's top judge to express her opinion.

- Irish Catholic bishops have welcomed an apostolic letter from Pope Francis where he extended the power to forgive abortion to all Catholic priests. Up until now, this power was reserved for bishops and special confessors, the paper says.

- The work of the Public Service Pay Commission will not be brought forward, despite growing calls for a new public sector deal early next year, after the Minister for Public Expenditure and Reform Paschal Donohoe refused to ask the newly-formed body to speed up its work.

- The Revenue Commissioners has warned online shoppers that they could be hit with tax and duty on online purchases once the goods arrive. Goods from non-EU member states are liable to such charges as are all alcohol and tobacco products, including those coming from inside the EU.

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 2 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 2 weeks ago