Bruton says income tax cuts necessary

The budget battle over how the €1 billion promissory note savings should be spent will begin in earnest today, with senior Fine Gael Minister Richard Bruton insisting tax cuts are necessary to sustain economic recovery. Mr Bruton’s remarks represent a shot across the bows of Labour Ministers who have been calling for a scaling back […]

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650 jobs boost kick-starts economy

Northern Ireland’s stalled economy has been given a kickstart with the creation of 650 new software posts – the second biggest jobs boost since devolution was restored in 2007. US technology company Allstate, which already employs 1,900 people, said it planned to expand its workforce at three locations in Belfast, Londonderry and Strabane. The high […]

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Citibank optimistic on outlook for Ireland

Citibank surprised observers yesterday when it announced prospects for the Irish economy are “better than expected” and the country could regain its sovereign investment grade rating from Moody’s by the end of the year. It is a turnaround for the bank which, over the past year, expected the country to underperform official and consensus growth […]

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