UK needs tougher fiscal policy amid tax cut talk - OECD Britain's government should tighten its budgetary belt, the OECD said today, advice that is unlikely to be welcomed by Prime Minister Rishi Sunak who is … Business • 29 Nov
OECD predicts Irish economy to contract by 0.6% in 2023 The Paris-based think tank, the OECD, has forecast that the economy measured by gross domestic product (GDP) will shrink this year by 0.6%. Business • 29 Nov
OECD sees 'sub-par' global growth as high rates bite The OECD has today raised its global economic outlook for 2023 but cut the growth forecast for next year as "painful" interest-rate hikes aimed at … Business • 19 Sep
27% of jobs at high risk from AI revolution - OECD More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers … Business • 11 Jul
OECD sees limited growth pick-up as rate hikes weigh Global economic growth will pick up only moderately over the next year as the full effects of central bank rate hikes are felt, softening the … Business • 07 Jun
Skills shortages may impact many Irish workers - OECD Many Irish workers are at risk of falling behind as they do not have the right skills to thrive in their current employment and are … Ireland • 09 May
OECD hikes growth outlook, but warns recovery fragile The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the … Business • 17 Mar
OECD warns against increased spending The OECD, the Paris-based think tank, says the Irish economy is "coping well" with the repercussions from Russia's war against Ukraine. Business • 14 Dec 22
UK to see biggest hit from energy crisis among G7 The UK economy will contract more than any of the world's seven most advanced nations next year as Britain suffers from painful inflation exacerbated by … Business • 22 Nov 22
Europe to be hit hardest in global slowdown - OECD The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown with Europe hit … Business • 22 Nov 22
OECD: Ireland must reallocate road space, promote bikes Minister for Transport Eamon Ryan has welcomed the publication of a new OECD report commissioned by the Climate Change Advisory Council that calls for a … Ireland • 05 Oct 22
Inflation risk pushing economies into recession - OECD Global economic growth is slowing more than was forecast a few months ago in the wake of Russia's invasion of Ukraine, as energy and inflation … Business • 26 Sep 22
OECD slashes growth outlook, raises inflation estimate Russia's invasion of Ukraine has set the world's economy on a course of lower growth and higher inflation, according to the OECD's Economic Outlook. Business • 08 Jun 22
Tax on Irish workers' wages up 0.3% last year - OECD Tax on wages earned by workers in Ireland increased by 0.3% in 2021, according to a report from the OECD. Business • 24 May 22
Ukraine way may cut 1% off global growth - OECD The Ukraine crisis could knock more than a percentage point off global growth this year and add two and a half percentage points to inflation, … Business • 17 Mar 22
EU states block compromise on minimum corporate tax Poland, Sweden, Estonia and Malta have blocked a French-proposed compromise on how to implement minimum corporate tax across the European Union, dealing a blow to … Business • 15 Mar 22
EU proposes law to implement 15% corporation tax rate The European Commission has proposed a law that would implement in Europe the global deal struck among the 20 biggest world economies (G20) on a … Business • 22 Dec 21
OECD says inflation the main risk to economic outlook The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the … Business • 01 Dec 21
Skills strategy to be reviewed as part of OECD process Ireland's Skills Strategy is to be reviewed as part of a joint project between the state, stakeholders in the skills sector and the OECD. Business • 26 Nov 21
S&P says corporate tax decision may dent Govt revenues The ratings agency, Standard & Poor's, has said Ireland's decision to join the OECD global corporate tax deal may 'dent' government revenues 'in the absence … Business • 11 Oct 21
136 out of 140 countries join OECD global tax deal The OECD has announced that 136 countries have signed up to a new international agreement on corporate tax rules. Business • 08 Oct 21
Revision of draft OECD tax reform plan positive: Martin Taoiseach Micheál Martin has said the revision of the text of a draft OECD global corporate tax rate reform plan is a positive step. Business • 06 Oct 21
Phrase 'at least' removed from draft OECD tax deal RTÉ News understands that the 15% minimum corporate tax rate in the revised draft of the OECD reform plan is "very firm", according to a … Ireland • 05 Oct 21
G20 urged to drive better social investing practices The world's biggest economies need to do more to ensure environmental, social and governance-related ratings and investments are effective in the transition to a low-carbon … Business • 04 Oct 21
Donohoe to brief Govt on OECD's revised tax plan Minister for Finance Paschal Donohoe has said he will brief the Government on Thursday on the revised draft agreement from the OECD on corporate tax … Business • 04 Oct 21
