Commercial landlords urged to show forebearance

The Government has urged commercial landlords to show forbearance to tenants who cannot meet their obligations under their leases because of the financial pressures caused by the Covid-19 pandemic. The request came as it published a new voluntary code of conduct on commercial rents that has been agreed between landlords and business representatives. The code […]

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EC President to make statement on Brexit

The President of the European Commission, Ursula von der Leyen, is due to make a statement on Brexit shortly. It will reference the UK’s Internal Market Bill, which breaches the Northern Ireland Protocol. The statement comes as Taoiseach Micheál Martin joins other EU leaders for a two-day summit in Brussels today, which will be dominated by the EU’s […]

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Tokyo Stock Exchange suspends day’s trade after worst-ever system glitch

The Tokyo Stock Exchange suspended share trading for the full day today as a glitch in its electronic trading system caused the worst outage ever suffered by the world’s third-largest stock market.  The shutdown frustrated investors looking to buy back shares after the first US presidential debate. It could also tarnish the exchange’s credibility just […]

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UK GDP slumped slightly less than first thought in Q2

Britain’s economy shrank by a record 19.8% in the second quarter of 2020 when Covid-19 lockdown measures were in force. This was a slightly smaller decline than an initial estimate of a 20.4% fall in output, official figures showed today.  Output during the three months to the end of June was 21.5% lower than a year […]

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UK GDP slumped slightly less than first thought in Q2

Britain’s economy shrank by a record 19.8% in the second quarter of 2020 when Covid-19 lockdown measures were in force. This was a slightly smaller decline than an initial estimate of a 20.4% fall in output, official figures showed today.  Output during the three months to the end of June was 21.5% lower than a year […]

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September consumer confidence sees modest improvement

Consumer sentiment improved marginally in September, recovering about half of the decline seen in August, a new survey shows today. The KBC Bank Ireland consumer sentiment index increased to 60.7 in September, a 1.8 percentage point gain that followed a 3.7 point drop in August. The September reading remains well above the low-point of 42.6 […]

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September consumer confidence sees modest improvement

Consumer sentiment improved marginally in September, recovering about half of the decline seen in August, a new survey shows today. The KBC Bank Ireland consumer sentiment index increased to 60.7 in September, a 1.8 percentage point gain that followed a 3.7 point drop in August. The September reading remains well above the low-point of 42.6 […]

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Government says income tax won’t change in Budget

The Minister for Finance has confirmed that the Government does not plan to make any changes to income tax, USC or PRSI in October’s Budget.  Paschal Donohoe said it is the view of the Government that it needs to hold the personal tax code steady and use it to respond back to the challenges facing […]

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