KPMG are holding their annual Budget Breakfast briefing in Dublin's Mansion House this morning, which is being attended by over 800 people.
Most sectors of the economy will be represented and attendees include Tom O'Connor, CEO of Version 1; Bryan Evans, managing director of Jurys Doyle Hotels; Amy Bradley, Head of Tax at Topaz and David Bennett, investment director at Glenveagh Properties.
The Minister for Finance yesterday boosted budget day spending for the second year in a row amid warnings of economic "carnage" if the UK leaves the European Union without a divorce deal. But with the fast-growing economy exacerbating deficits in areas such as housing, a scrapping of a reduced VAT rate for the hospitality sector mostly funded the extra €700m of spending.
That allowed Mr Donohoe to keep giving workers a small annual tax break it has promised to continue in future budgets, reverse welfare cuts imposed during a series of austerity budgets a decade ago, and boost infrastructure spending.
Adam Maguire hears the views of CPL Resources' chief financial officer Lorna Conn, the chief executive of Peter Mark - Peter O'Rourke - and Anna Scally, a partner with KPMG, on the measures announced by the Finance Minister Paschal Donohoe yesterday in the Dáil.