Ibec Quarterly Economic Outlook Forecasts Growth In 2018

Ibec, the group that represents Irish business, today published its latest Quarterly Economic Outlook (attached), which forecasts growth of 4.8% for 2017, and 3.9% in 2018. This growth is being driven by a buoyant labour market, with figures showing total household disposable income increasing sharply. It warned, however, that the risk of our growth being derailed […]

Report Shows Tourims VAT Increase Will Cost Jobs

Restaurants Association of Ireland, CEO, Adrian Cummins has today expressed deep concern about any increase to the 9% VAT rate for Tourism. The Association has launched its economic impact report by Economist, Jim Power which assesses the impact a 1% increase in the VAT rate would have on the sector.   The food service and […]

IFA Meets Agricultural Development Board On Brexit Impact For Sheep

IFA National Sheep Chairman John Lynskey said the lamb trade has settled this week with supplies back following the Eid festival, and factories are paying €4.85 to €4.95/kg to get lambs.   He said top prices of up to €5.00/kg were paid. On weights, he said more farmers were securing weights to 22kgs and a […]

Brexit: European Commission Publishes Guiding Principles On Ireland And Northern Ireland

The European Commission has today set out its principles for the political dialogue on Ireland and Northern Ireland in the Brexit negotiations. Today’s paper states that the Good Friday Agreement should continue to be protected and strengthened in all its parts after the United Kingdom’s withdrawal from the European Union. The continuation of the Common Travel Area, […]

UK Customs Proposals Very Negative For Irish Agriculture – IFA

IFA President Joe Healy has said the UK’s insistence on leaving the customs union and pursuing an independent trade policy amount to a hard Brexit and is potentially very negative for Irish agriculture and the value of our agri-food exports.   The IFA President was commenting on the UK Government’s Position Paper on Future Customs […]

Ibec Forecasts Strong Growth In Economy

Ibec, the group that represents Irish business, today published its latest Quarterly Economic Outlook (attached), which forecasts growth of 4.2% for 2017, and 3.2% in 2018. A strong labour market, in particular, will underpin the buoyancy of the domestic economy, but Brexit related trading challenges will remain for exporters. This will be a particular challenge […]

Ireland At A Brexit Disadvantage Over Uncompetitive Incentives For Employees

The Irish economy is at a Brexit disadvantage because companies here cannot offer their employees share incentives that are as attractive as those available in the UK and other EU countries. That was the warning from the Irish ProShare Association (IPSA) today as it called on the Government to fast-track tax reform and introduce new […]

‘Atlantic’ Highlights European Ocean Citizenship in Irish Schools

As the shadow of Brexit looms, and the uncertainty around the future of our shared fishing grounds intensifies, the political implications for Ireland have come into sharp focus. Our relationship with the European Union at local, national and international level is being seriously questioned. Nowhere are the stakes higher or matters more divisive than with […]

UK’s Aaggressive Brexit Approach Risks Damaging UK Irish Relations – IBEC

Ibec, the group that represents Irish business, has said it was deeply concerned at the increasingly definitive and hardline position of the UK government to Brexit. It said any move by the UK to unilaterally forge new global trade deals was at odds with membership of the current EU customs union and was a combative […]

IFA And Ulster Farmers Union Meet On Brexit Concerns And Farm Schemes

The IFA and the Ulster Farmers Union met this week to discuss the implications for farmers of the recent UK Brexit outcome.   The organisations agreed to work together to protect the important relationship between farmers on both parts of the island. Both organisations agreed that the agricultural sector must not be at a disadvantage […]

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