Noonan to signal €2bn of tax cuts and spending in 2016 budget

Minister for Finance Michael Noonan is set to reveal that the spoils of the budget ill be divided equally beteen tax cuts and spending increases.

In the long-aaited spring statement on Tuesday, Noonan ill announce a crackdon on banks that do not make reductions for homeoners labouring under high variable mortgage interest rates.

With tax revenues booming and the state’s finances under control, Noonan may have at least €2 billion to play ith ...