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Tag Archives: Ireland

Ireland well-positioned to develop a ‘supergrid’

‘Ireland should play a vital European leadership role in creating the smart grid of the future’ – Engineers Ireland Ireland should take a leadership role in the development of a new ‘supergrid’ that would coordinate energy supply across Europe, according to Engineers Ireland. In a report on Ireland’s digital future published today, the body has said Ireland is ideally positioned ...

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Britain delays post-Brexit checks on goods from Ireland

British Brexit minister David Frost The British government has announced it is putting off the introduction of full customs controls on goods moving from Ireland into Britain. It says the controls, which were due to come in on 1 January, cannot be implemented while the Northern Ireland Protocol is under negotiation. The Tánaiste said it was a “welcome and sensible ...

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Comreg drops National Broadband Ireland pricing plans

National Broadband Ireland is rolling out high speed broadband to over half a million premises across the country on behalf of the state Telecoms regulator ComReg has ditched pricing proposals that would have allowed National Broadband Ireland (NBI) to use Eir’s poles and ducts for the rollout of its high speed network at less than prices other telecom firms have ...

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How you can offset price rises coming this winter

By switching electricity providers, householders could save up to €500 a year Few things can be said with absolute certainty, but one thing is for sure – householders are in for an expensive winter. Wholesale price rises on international energy markets have seen all electricity and gas providers here hiking their prices in recent months, with most of them doing ...

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CCPC opens Phase 2 probe into KBC and BoI’s loan deal

Details of the proposed deal first emerged in April The Competition and Consumer Protection Commission (CCPC) is to carry out a more in-depth probe of Bank of Ireland’s plan to buy KBC Bank Ireland’s performing loans and liabilities. The decision to open a full Phase 2 investigation follows an extended preliminary investigation.The inquiry will try to establish if the proposed ...

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Phrase ‘at least’ removed from draft OECD tax deal

The OECD plan had stated that a global minimum tax rate of ‘at least’ 15% will be set. RTÉ News understands that the 15% minimum corporate tax rate in the revised draft of the Organisation for Economic Co-operation and Development’s (OECD) reform plan is “very firm”, according to a well-placed source. This means the phrase “at least” no longer applies ...

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GDP growth set to hit 15.6% this year – Finance

When measured by GDP, the Department of Finance said the economy is forecast to grow this year by 15.6% Forecasts for economic growth this year have been revised significantly upwards by the Department of Finance today. When measured by GDP, the department said the economy is forecast to grow this year by 15.6%. This is a revision upwards from just ...

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Bank of Ireland CFO leaves bank to join Musgrave Group

Bank of Ireland’s chief financial officer Myles O’Grady is to take up a new role with SuperValu owner Musgraves Group Bank of Ireland has blamed state-imposed curbs on bankers pay and bonuses for the announcement that its chief financial officer Myles O’Grady is to leave the bank to move to a job with the Musgrave Group. Myles O’Grady is moving ...

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