Business News

The Government is considering whether it should delay introducing a VAT reduction for the hospitality sector until the middle of next year. It is understood the aim would be to create the fiscal space for more tax cuts in next October’s budget. The Coalition’s programme for government contains a commitment to reduce VAT on the…

Improving pricing transparency and giving the Injuries Resolution Board (IRB) more powers are among the main measures outlined by the Government to bring down insurance costs in the latest action plan on insurance reform. The plan, launched today, runs until 2029 and contains a total of 26 actions to bring down insurance costs, ten of…

An overwhelming majority of Irish financial services organisations expect the sweeping regulatory changes emanating from the US to have an impact on Irish firms. The area where this is most obvious is tariffs. More than nine in ten organisations expect Irish firms to be hit by US regulatory changes, with more than two thirds concerned…

The Government has announced the opening of a consultation period to allow stakeholders make submissions on the work permit occupations lists. The Critical Skills Occupations List consists of jobs that are in short supply in Ireland and across the European Economic Area (EEA) including roles in areas such as medicine, ICT, sciences, finance and business.…

Businesses and individuals bringing legal challenges to planning decisions will face additional restrictions under changes being discussed at Cabinet today. Minister for Housing James Browne is reforming the area of judicial reviews in Irish planning amid Government frustration at delays in securing permission for large housing developments. It is understood that the “leave to apply”…

The Government is due to announce the details of a flagship plan to build infrastructure over the next five years, which will include €40 billion for housing including water services. The revised National Development Plan will contain €100bn funding for housing, energy, water and transport projects from 2026 to 2030. Around €30bn of that figure…

One-in-four businesses in Ireland have yet to take any action to prepare for the introduction of pension auto-enrolment ahead of its launch on 1 January 2026, according to a new survey. The research from professional services firm Aon found that only 7% of organisations have fully updated their internal systems and legal documents ahead of…

The Government is finalising a major investment plan to inject up to €30 billion of additional funding into Ireland’s infrastructure between 2026 and 2030. Coalition leaders and senior ministers met last night to agree the final details of the revised National Development Plan that will take expected overall investment in the State’s infrastructure over the…

Bitcoin hit new all-time highs of $123,000 before pulling back during a big policy week in the US for cryptocurrency. In an unprecedented move, US lawmakers set aside a week for cryptocurrency, advancing a trio of landmark bills aimed at regulating stablecoins, clarifying digital asset oversight, and blocking a central bank digital currency. Dubbed Crypto…

Coalition leaders and senior ministers will meet this morning to sign off on the €100bn revised National Development Plan. The blueprint for infrastructure spending will be announced tomorrow along with the Summer Economic Statement. Housing, transport, energy and water services will be funded from the new National Development Plan. Minister for Public Expenditure Jack Chambers…