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Tánaiste Leo Varadkar has told the Dáil that there will be an increase in the minimum wage in the coming year. Mr Varadkar said there would be pay increases in most parts of the economy and that was why indexation of tax bands was required. He said these are not tax cuts and just ensured…

The British-Irish Chamber of Commerce has called for the establishment of a “Shared Island Fund” to help boost the economic relationship between Ireland and the UK post-Brexit. In its pre-budget submission, the Chamber said the fund could help traders and encourage research partnerships. It also called for targeted supports for agri-food firms, and the expansion…

Nearly a third of business leaders say the requisite skills and experience on the board of their organisation have changed during the Covid-19 pandemic. This is according to the latest Director Sentiment Monitor research, published by the Institute of Directors (IoD) in Ireland today. The monitor also found that business leaders identify increased demand over…

Minister for Finance Paschal Donohoe has spoken with the US Treasury Secretary Janet Yellen about the current OECD process that aims to reform global corporation tax rules. Mr Donohoe described the call as “constructive” and said that he and Ms Yellen had agreed to stay in contact. “The ultimate ambition for us all is to…

Issues around the cost of insurance, legal services and credit have not received the urgent attention required to support competitiveness and productivity. That is according to the state’s competitiveness watchdog, the National Competitiveness and Productivity Council (NCPC). The Council also says the cost of pension auto enrolment and statutory sick pay need to be balanced…

The tourism sector will not be “healed overnight” and will continue to need support as recovery continues, Minister Catherine Martin has said. Minister Martin was speaking at an in-person conference organised by Fáilte Ireland. The event, at Dublin’s Convention Centre, is part of a drive to attract business conferences, events and meetings back into Ireland…

When Paschal Donohoe gets to his feet on October 12th to deliver the Budget, watch out if his speech contains a key line. Last year he said: “…I would like to take this opportunity to again reaffirm Ireland’s commitment to the 12½ per cent corporation tax rate.” This year, by Budget Day, we may know…

The largest public service union here will begin negotiations with the Government later this week on the future for working – post pandemic. The head of communications of Forsa, which represents around 80,000 public and civil servants, said the union wants to build on the momentum of remote working that was forced upon employees as…

The Government are engaging in “constructive” discussions with the Organisation for Cooperation and Development on corporation tax, the Taoiseach has said. Earlier this year the OECD said that 130 countries and jurisdictions have signed up to a plan that will bring sweeping new reforms to global corporation tax rules. Ireland was not on the list…

Minister for the Environment, Climate and Communications Eamon Ryan has said the Government will have to look at similar and potentially larger measures in this year’s Budget to support those struggling to pay fuel bills because of rising energy costs. Speaking on RTÉ’s News at One, Minister Ryan said these rising energy costs are as…