Housing Plan to axe leased social housing is under ‘review’Move comes despite Taoiseach’s promise to end controversial practice, and follows fresh €450 million state investment to lease 1,000 new homes
Health Open Orphan founder says Covid-19 ‘is over’Cathal Friel, the head of the pharma firm, has contradicted official advice to isolate, and says the virus should now be treated like a cold or flu
Tech Tinder co-founder among backers of new $40m Web Summit fundsSome founders of Twitter, N26 and Checkout.com have also invested in Paddy Cosgrave’s venture capital operation which will be split into two separate arms
Housing Fingal council leased social homes from British weapons dealerSpokesman says council ‘immediately moved to rectify the situation’ when it learnt properties were owned by BAE Systems pension fund
Out Of Office Number of mortgage approvals falls, Truss under fire over tax cuts, Tayto Park gets a rebrandYour essential round-up of the latest business news
Energy Irish homes and businesses can soon install solar panels without planning permissionIt’s hoped the change will reduce reliance on fossil fuels
Politics Meta rebuked state for not consulting tech firms over ‘rushed’ electoral reform billSocial media giant said it had ‘serious concerns’ with the bill, which was signed into law over the summer, and argued it was ‘rushed through the Oireachtas without sufficient scrutiny’
Currency Rolex watches on sale in UK for US visitors as pound slumpsRolex already raised prices this month by about 5 per cent in Britain
Banking Bank of Ireland fined over €100m for its role in tracker mortgage scandalBank of Ireland apologised unreservedly for its role in the tracker scandal after being issued with the biggest fine to date by the Central Bank
Banking Bank of Ireland to be hit with major fine over tracker scandalThe lender will be the last of the major Irish banks to be penalised
Companies Workers at finance start-up let go after plan to launch new Irish mortgages with An Post is delayedMoCo is still planning to start selling loans in 2023
Energy Crisis Regulator drops plans to introduce €100m of new charges on energy-intensive firmsThe Commission for the Regulation of Utilities has decided not to introduce a suite of tariffs that would have affected about 2,000 energy-intensive firms
Out Of Office Ryanair promises 2,000 new Irish jobs in next decade; Varadkar says mini-budget unlikely next yearYour essential round-up of the latest business news
Aviation O’Leary warns cap on energy prices could ‘bankrupt’ UK economyThe Ryanair chief executive compared the move by Liz Truss’ government to the Irish bank guarantee
Northern Ireland Mitchell proposes British monarch as dual head of state for North in united IrelandThe former Fine Gael minister says that in a united Ireland, ‘Britishness has to be recognised as a legitimate co-identity with Irishness’
Energy Electricity emissions need to fall by 18% a year, new data showsTo hit climate targets residential emissions will have to fall by 15% a year from next year while those in industry will need to be reduced by 14% annually
Europe ECA president warns of fraud risk with EU emergency funds Tony Murphy, the new Irish holder of the role, says the huge budgets involved and urgency of delivery in Covid and energy diversification schemes heighten risk of cash going astray
Covid-19 Pfizer briefed Irish politicians against waiver of patents on Covid vaccinesEmails show the company emphasised on-the-ground supply issues facing poorer countries ahead of a global decision on IP rights which divided activists and the pharmaceutical industry
Housing Plan to axe leased social housing is under ‘review’Move comes despite Taoiseach’s promise to end controversial practice, and follows fresh €450 million state investment to lease 1,000 new homes
Out Of Office Farmers get energy aid in budget, Vat scrapped on newspapers, BoE boss issues interest rate warningYour essential round-up of the latest business news – including the top takeaways from Budget 2023
Politics The opposition responds: ‘Uncaring’ budget ‘failed to give people certainty’Faced with such a widely aimed response to the country’s challenges, Sinn Féin focused its attention on the old reliables of health, housing and the treatment of those on lower and middle-incomes
Housing New vacant homes tax will triple local property charges on empty houses Government says new budget measure will help ‘ensure all viable housing stock is made available for use’ but an opposition politician has called it ‘too weak to be effective’
Budget 2023 Daniel Murray: What you need to know about Budget 2023The government has said the budget will not meet every need, but will make a difference. Here are the key measures
business Reaction: Businesses mixed on budget as hospitality groups criticise end of 9% Vat rateIbec says budget ‘broadly commended by business’ but several lobby groups take issue with decision not to extend special Vat rate for restaurants, hotels and pubs