Robert Shortt

Economics Correspondent

Corporation tax came in at €1.8 billion in September.

Corporation tax take below estimate again in September

Corporation tax in September came in below the Department of Finance's estimate for the second month in a row, according to the latest Exchequer figures published this afternoon.

Business • 03 Oct 23

The Social Insurance Fund will need to be topped up by the Exchequer to the tune of €10 billion a year by 2050

C&AG - Social Insurance Fund to be in deficit from 2034

The Social Insurance Fund, which is where PRSI payments go in to pay for social protection payments, including pensions, will be in deficit from 2034 and will need to be topped up by the Exchequer to the tune of €10 billion a year by 2050.

Business • 29 Sep 23

The Department of Finance forecasts Ireland's contribution to the EU Budget to rise to nearly €4.5bn by 2027

Ireland contributed €3.6bn to EU Budget last year

Last year Ireland contributed €3.6 billion to the EU Budget and by 2027, the Department of Finance forecasts our contribution will have increased to almost €4.5bn.

Business • 29 Sep 23

The Exchequer had to refund the Central Bank with a once-off payment of €6.5million in December 2022

C&AG - Exchequer refunded Central Bank €6.5 million

The Exchequer was forced to refund the Central Bank €6.5 million after funds from it were used to reduce debts owed by Somalia and Sudan to the International Monetary Fund.

Business • 29 Sep 23

The report makes clear that the HSE has carried a deficit since it was set up in 2005 (file image)

C&AG - HSE carried accumulated 2022 deficit of €1.24bn

The Health Service Executive was carrying an accumulated deficit of €1.24 billion at the end of 2022, according to today's report from the Comptroller and Auditor General.

Business • 29 Sep 23

The ECB says that AI offers new ways for it to 'collect, clean, analyse and interpret' data used in its work in statistics, risk management, banking supervision and monetary policy analysis

ECB using AI for some tasks, exploring future uses

The European Central Bank is using artificial intelligence (AI) to perform some tasks and exploring other possible uses in the future, according to a blog published today.

Business • 28 Sep 23

Inflation is estimated to have risen to an annual rate of 5% in September, according to the latest 'flash' reading from the CSO

Inflation rises to 5% in September - flash estimate

Inflation is estimated to have risen to an annual rate of 5% in September, according to the latest "flash" estimate from the Central Statistics Office.

Business • 28 Sep 23

The report says policies to deal with issues such as digital technologies and decorbonisation are now required

Council urges action to meet new economic challenges

The National Competitiveness and Productivity Council has published its annual Challenge Report, which outlines some of the key issues facing the economy.

Ireland • 28 Sep 23

Core spending is expected to rise to €91.2bn next year

Corporation tax growth levelling off - McGrath

The Minister for Finance has said there appears to be a "levelling-off" of the growth in corporation tax compared to the extraordinary levels in recent years.

Business • 27 Sep 23

A review of the National Planning Framework is under way (file pic)

Targets for 61,000 homes in Leinster removed from plans

Planning targets for more than 61,000 potential homes have been removed from local authority development plans in the Dublin region and adjoining counties over the past three years.

Ireland • 23 Sep 23