Govt must balance support and inflation in budget The Minister for Finance has said the Government faces a challenge in the upcoming budget in getting the balance right between providing an appropriate amount … Business • 21 Sep
McGrath wants public bodies to keep cash payments The Minister for Finance has written to Government colleagues asking that public bodies under their remit maintain their existing payment methods in relation to accepting … Business • 20 Sep
Energy companies told to 'go further' on price cuts The four main energy companies have been told that they must go further on price cuts, during a meeting with Taoiseach Leo Varadkar and energy … Business • 12 Sep
Govt committed to safety in public finances - Donohoe Minister for Public Expenditure has said that potential cuts to the Universal Social Charge in the Budget will be a decision for Minister for Finance … Business • 11 Sep
Banks must engage with customers to prevent arrears The Minister for Finance has asked banks and non-bank lenders to demonstrate how they are assisting mortgage borrowers who are experiencing difficulty in making repayments … Business • 31 Aug
Finance Minister expects to see deposit rates rising The Minister for Finance has said he anticipates the rate of interest which is paid on savings accounts will increase in the weeks ahead. Business • 21 Aug
Govt set to increase Budget spending by 6.1% to €91.2bn The Government has said it intends to increase core public expenditure in October's Budget by 6.1% to €91.2 billion. Business • 04 Jul
Govt stake in AIB falls below 50% after share sale Minister for Finance Michael McGrath has sold another 5% of the State's stake in AIB, which sees the bank exiting majority ownership for the first … Business • 28 Jun
State and NatWest sell 10% of Permanent TSB The Department of Finance and Britain's NatWest Group said today they had jointly sold 54.6 million shares in Permanent TSB - representing 10% of the … Business • 02 Jun
McGrath extends Home Building Finance Ireland timeline The Minister for Finance said today that Home Building Finance Ireland will continue to operate and will continue to closely monitor developments across the wider … Business • 24 May
McGrath says need for wealth fund 'blindingly obvious' The Minister for Finance Michael McGrath has said it is "blindingly obvious" to him that the Government needs to set up a fund to save … Business • 10 May
Govt wants to see savings passed to consumers - Donohoe Businesses have been warned by the Minister for Public Expenditure that the Government wants to see any fall in production costs passed on to consumers … Business • 02 May
Q1 GDP fell 2.7% on quarterly basis, CSO estimates The country's gross domestic product fell by 2.7% on a quarterly basis in the first quarter of 2023 but stood 6.4% higher than a year … Business • 27 Apr
New share buyback to cut State's stake in AIB to 53.35% The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding … Business • 25 Apr
Government can't rely on 'volatile' corporation tax The Government says the right decisions must be made with the budget surplus recorded this year, according to the Minister for Finance. Business • 19 Apr
McGrath urged on zero VAT rating for Covid tests Finance Minister Michael McGrath was urged to implement a zero VAT rating on Covid-19 antigen tests on a "care and management basis" after an oversight … Business • 14 Mar
McGrath sees inflation falling 'quite quickly' in 2023 Inflation in Ireland appears to have peaked and should fall "quite quickly" across the remainder of the year, Finance Minister Michael McGrath said today. Business • 18 Jan
Up to SIPO to decide on English inquiry - McGrath The Minister for Finance has said the resignation of Damien English as a Minister of State underlines the need for reform of ethics in public … Politics • 13 Jan
Finance Minister extends AIB share trading plan to July The Minister for Finance Michael McGrath has further extended AIB's share trading plan into a third phase which is due to end in July. Business • 06 Jan
Businesses to get TBESS payments this week - McGrath Finance Minister Michael McGrath said that so far over 7,000 businesses have registered for the Temporary Business Energy Support Scheme, which was announced in the … Business • 21 Dec 22
Corporation tax levels may not be sustained - McGrath Minister for Public Expenditure Michael McGrath said the Government is "avoiding making permanent expenditure commitments" on the back of receipts that may "prove to be … Business • 03 Nov 22
€200m to assist companies impacted by Ukraine war The Government has announced further details of a new €200m scheme that aims to assist companies struggling with the fallout from Russia's invasion of Ukraine. Business • 27 Oct 22
McGrath: Difficult balance to strike on public pay Minister for Public Expenditure and Reform Michael McGrath has said there will be a difficult balance to strike in the upcoming public sector pay talks. Ireland • 20 May 22
CIF seeking flexibility in public building contracts The Public Expenditure Minister has said the Office of Government Procurement is examining whether help can be provided to construction firms working on public projects … Business • 29 Mar 22
Cork to host European business angel reunion in May CorkBIC is to host an all-Europe angel reunion at Páirc Uí Chaoimh in Cork on May 18 and 19, which will be attended by Michael … Business • 14 Mar 22
