Niall Cody of the Revenue Commissioners: the business tax base is “concentrated and volatile”.  Photograph: Aidan Crawley

Report highlights Ireland’s reliance on a small number of multinational firms

Siobhán Talbot, group managing director of Glanbia:  “Glanbia delivered good revenue growth in the first three months of 2017.” Photograph: Aidan Crawley/Bloomberg

Kilkenny-based food group boosted by recovery in global dairy prices

 Shattered windows on a ghost estate in  Gorey, Co Wexford. Photograph: Garry O’Neill

About 30,000 ghost-estate homes have entered housing stock in past six years

US president Donald Trump has promised to overhaul the US tax code by slashing corporate taxes from 35 per cent to 15 per cent. Photograph: Kevin Lamarque/Reuters

US corporate tax cut could damage or mothball investment, say consultants

Minister for Finance Michael Noonan with Central Bank governor Philip  Lane at the  new Central Bank Building in Dublin’s docklands. Photograph: Dara Mac Dónaill

Minister says May/June window still gives Government plenty of time to avoid UK poll

Ibec  highlighted the  volatility in the State’s corporation tax take, with reports that just 10 firms paid 50%  of Ireland’s total corporate tax take last year. Photograph: Getty Images

Employers’ lobby sees impact of US tax reform as bigger threat to business

IFA president Joe Healy: “The importance of agriculture being treated as a priority [in Brexit talks] can’t be overstated. These are real issues, affecting thousands of livelihoods.”Photograph: Alan Betson/The Irish Times

Some question whether president Joe Healy forceful enough to drive association’s agenda

The number of new homes built in the State last year was just 2,076, a fraction of the Government’s 15,000 estimate, according to new figures. Photograph: Reuters/Neil Hall

Freedom of Information figures show new homes falling far short of Government’s 15,000 estimate

The Dow Jones Industrial Average was down 23.31 points, or 0.11 per cent, in early trade on Friday. Photograph:  Bryan R Smith/AFP/Getty Images

Euro edges lower against dollar as investors brace for first round on Sunday

Food and ingredients group blames modest increase in production on lower milk prices

In Dublin, house prices climbed by 8.3 per cent in the year to the end of February.

Latest figures cast further doubt on Government figures for supply of new homes

A trader holds a ten pound sterling notes as a customer pays for goods at Whitechapel Market in east London. Photograph: Getty Images

Prime minister’s gamble has removed some uncertainties, but added new questions

Comreg to survey handset quality and network coverage to inform consumers

A sign at Sandyford Luas depot last year as drivers continued their strike. Photograph: Cyril Byrne

Wage demands threaten to overwhelm the Government’s budgetary balancing act

Eir wants the cost of providing rural phone services, which it estimates to be about €10 million a year, shared among providers. Photograph: Cyril Byrne

One of the largest fines on record levied for breaches on repair times and connections

Dairygold chief executive Jim Woulfe: “Basically we reduced the level of profitability to allow us to increase the milk price that we could pay”

Farmer-owned dairy processor is largest exporter of cheddar cheese to the UK

While Budget 2018 is expected to allow for a €1.2bn budgetary adjustment, the real room for manoeuvre could be as little as €570m. Photograph: Getty Images

Pressure on the public finances is expected to increase in the run-up to Budget 2018

The Department of Finance  warned that Brexit and changed policy  in the  US meant  “a continuation of robust economic expansion cannot be taken for granted”

Department of Finance forecasts will see unemployment rate fall well below 6%

Avril Moran with her brother and father outside their garage in Legan, Co Longford. Legan is officially the slowest area for broadband in the State, based on recent speed tests.

Longford garage owner says her firm is suffering due to a lack of high-speed internet

Only 33,436 housing units were constructed in Ireland between 2011 and 2016, compared to 431,763 dwellings built between 2001 and 2011. Photograph: Cathal McNaughton/Reuters

Latest census figures reveal near-complete collapse in home building since crash

CSO figures show the number of claimants in March fell to the lowest level since 2008. Photograph: Alan Betson

CSO figures show number of claimants signing on fell by nearly 4,000 last month

Former Aer Lingus boss Christoph Mueller. Photograph: Reuters/Joe Skipper

Ex-Aer Lingus boss said to be lead candidate to succeed James Hogan at the airline

1 Grand Canal Square in Dublin’s Docklands

Chicago-based firm plans to hire 50 people for front-office operation

Aurivo CEO Aaron Forde: “In what was a challenging and volatile year, we are pleased to announce a robust performance by Aurivo across all facets of its business in 2016”

Full-year results show revenues declined in a ‘volatile year’

Minister for Finance Michael Noonan: acknowledged the tax receipts were slightly behind expectations for the year to date. Photograph: Jasper Juinen/Bloomberg

Irish brokers divided over whether change in Government’s finances temporary

Tommy Breen will stand down from his position and from the board following the company’s annual general meeting in July. Photograph: Dave Meehan/The Irish Times

Breen leaves after nine years in charge as company eye Asian energy market

Minister for Communications Denis Naughten (right) with the CEO of Eir Richard Moat in Ardnanure, Co Roscommon. Mr Naughten confirmed an additional 300,000 homes and businesses would have access to high-speed broadband offering 1,000Mb/s within 90 weeks. Photograph:

Sinn Féin TD says Eir has ‘cherrypicked’ large areas with its new fibre product

Minister for Finance Michael Noonan. The latest exchequer returns show Revenue collected €11.5 billion for the first three months of the year.

Returns show tax revenue was 2.4 per cent below projections for first quarter of 2017

The CSO numbers show the unemployment rate for men was 6.9 per cent in March, while the jobless rate for women was 5.8 per cent. Photograph: Lauren Hurley/PA Wire

Latest figures show State’s jobless rate is three points below euro-area average

Minister for Communications Denis Naughten: bringing memo to Cabinet confirming an agreement has been signed with Eir to deliver high-speed broadband to 300,000 premises by the end of 2018. Photograph: Alan Betson

Naughten to warn Cabinet of potential legal proceedings over deal with telecoms group

The average price of a home in the State is now nearly six times the average income, according to Davy economist Conall Mac Coille. File photograph: Daniel Leal-Olivas/PA Wire

New surveys show a sharp pick-up in house prices in the first three months of the year

Izzy Wheels came up with the idea of creative spoke guards to allow wheelchair users to express themselves. Photograph: Shane O’Neill Photography

‘Until now wheelchair users have been made feel ashamed or even embarrassed of their ugly equipment,’ say pair behind Izzy Wheels (...)

Minister for Housing Simon Coveney: still hoping housing supply can be brought up to the Government’s target level of 25,000 in two to three years, but demand may be nearly double that. Photograph: Eric Luke

Double-digit house price inflation indicates flaws in build rate and help-to-buy scheme

 CIF director general Tom Parlon: “Without infrastructure, Brexit will have a worse impact”. Photograph: Bryan O’Brien

Construction industry body highlights disparity in levels of state investment

New social housing in Beaumont, Dublin:   regulations were overhauled in 2015. Photograph: Alan Betson

Part V rules require developers to set aside 10% of new builds for affordable housing

The Government is expected to stump up about half the cost of the National Broadband Plan here, which could be between €1 billion and €1.5 billion

Three companies – Eir, Siro and Enet – are vying for the lucrative State contract

Some 72 per cent of entrepreneurs cited Ireland’s personal tax rate as the single biggest “inhibiting factor” to establishing and growing a business here.

EY survey finds tax, labour cost and competition for skilled staff remain challenges

MyHome’s report said annual house price inflation is running at 9 per cent nationally and at 10.2 per cent in Dublin, while the Daft report said  prices rose by an average of 4.3 per cent during the first three months of the year

MyHome report suggests annual house price hike is running at 9% nationally and at 10.2% in Dublin

Workers unload packed meat from a truck in Sao Paulo, Brazil.

Irish farmers’ group ramps up campaign against Brazil food imports

In the four major cities and across Leinster (excluding Dublin) , the average increase in prices in the first three months of 2017 was €10,000. Photograph: iStock

Daft report highlights record low number of properties on market

Photograph: Brenda Fitzsimons

EU research reveals Ireland has highest greenhouse gas emissions per euro of output

 There could be Visa card problems early next week, depending on the arrangement with individual banks, if the entire backlog of transactions stalled by the three-day suspension is not processed. Photograph : Matt Kavanagh

Company says technical glitch did not affect ability of consumers to use cards

Fianna Fáil leader Micheál Martin: Investec noted Ireland was the fastest-growing economy in the European Union for the third successive year. Photograph: Colin Keegan, Collins

Stockbroker says incentive for opposition to bring down administration has reduced

The uncertain economic outlook has meant consumers have remained relatively cautious, the latest KBC Bank Ireland/ESRI sentiment index said. Photograph Nick Bradshaw

Consumers remain relatively cautious, latest KBC Bank Ireland/ESRI report suggests

“Early action by business owners remains imperative for successful restructuring,” says David van Dessel, Deloitte’s head of restructuring services. Photograph: PRNewsFoto/Deloitte

Deloitte says insolvencies down 13%, with majority taking place in service sector

Karl Whelan: The UCD economist questioned whether the Trump administration had the competency to get tax reforms through the US Congress. Photograph: Brenda Fitzsimons

Trump border adjustment tax might curb contract manufacturing, says Karl Whelan

Cormac Devlin, chairman of Dún Laoghaire-Rathdown County Council, with Colm Brady, managing director of GoCar. Photograph: Colm Mahady/Fennells

Council teams up with car-pooling firm amid pick-up in demand and success in Dublin city

A trader works on the floor of the New York Stock Exchange. Gains in energy and consumer discretionary stocks propped up the S&P 500 and the Nasdaq on Wednesday. Photograph: Brendan McDermid/Reuters

Euro slips after Reuters report on wariness of European Central Bank policymakers

FBD chief executive Fiona Muldoon: said there was no upside to Britain’s decision to leave the European Union. Photograph: Alan Betson

Company bosses believe UK move to exit EU will have negative consequences for Ireland

Tax take: Even as late as 2008, with signs of a major economic reversal on the way, the then government increased income tax credits, effectively cutting the tax burden, says the ESRI. Photograph: iStockPhoto

Research finds discretionary tax policy was relatively revenue-reducing in 2000s

A Volvo  at the Bangkok International Motor Show: retail sales fell by 0.5 per cent in February on the back of a near 6 per cent slide in car sales. Photograph: PA/Narong Sangnak/EPA

When poor car sales taken out of CSO figures it switches to a 5.9% increase year-on-year

WOW  plans to operate flights from Dublin and Cork  to Chicago’s O’Hare airport four times a week from July

Low-cost Icelandic airline will operate flights from Ireland to O’Hare airport from July

The 16 top European banks operating in Ireland examined by the report paid an average effective tax rate here of no more than 6 per cent. Photograph: Yves Herman/Reuters

Oxfam report claims 16 of Europe’s top 20 banks booked profits here in 2015

The average semi-detached house nationally now costs €209,944, up 3.5 per cent on the previous quarter, according to the Real Estate Alliance. Photograph: Gareth Fuller/PA Wire

Real Estate Alliance survey highlights price growth linked to lending rules relaxation

Investors turned to the havens of gold and sovereign bonds, as market measures of volatility sprung to their highest levels of the year. Photograph: Spencer Platt/Getty Images

Global stocks retreat, US banks slide and the dollar index falls under the pressure

“High-speed broadband is vital for regional development, and the Government is delivering on its promise to address Ireland’s connectivity challenges.” Photograph: Getty Images

Free one gigabit broadband connection will be available in 15 towns across Ireland

Oliver Callan as Donald Trump at the launch in Dublin of Lottoland: the Gibraltar-based firm  generated  €300m in revenue last year

Uber-style Lottoland allows customers to play in draws in countries around the world

The Government is expected to stump up approximately half the cost of the National Broadband Plan, which could run to between €1 billion and €1.5 billion

Department to significantly reduce size of intervention area after agreement with Eir

The New York Stock Exchange. US stocks rose in early trading on Thursday as investors snapped up beaten-down bank stocks ahead of a vote on a healthcare bill that is seen as president Donald Trump’s first policy test. Photograph: Spencer Platt/Getty Images

US markets in holding pattern ahead of Congress vote to dismantle Obamacare

Tom Healy, director of   the Nevin Economic Reseach Institute.

Nevin Economic Research Institute says reliance on private sector is not working

A Moy Park facility. “We do not source products from any of the sites involved in the ongoing investigations in Brazil, “a company spokeswoman said

Northern Ireland poultry supplier is owned by Brazilian giant JBS, which

The social housing figure for 2016 is unlikely to be anywhere near the Government’s target of about 900 units a year. Photograph: Chris Ratcliffe/Bloomberg

Part V rules require developers to set aside 10% of homes for use as social housing

Building boom: cranes towering over a construction site on the Dublin quays. Photograph: Alan Betson

Institute predicts sector will drive Irish economy to full employment next year

 Minister for Finance Michael Noonan (left) and Estonian finance minister Sven Sester  take part in a euro zone finance ministers meeting in Brussels. Photograph:  Yves Herman/Reuters

Noonan insists Government has spent 12 months preparing for Brexit talks

Beef in a Rio  supermarket:  Brazil has said scandal  does not mean  exported products were unsafe for human consumption. Photograph: Yasuyoshi Chiba/AFP/Getty Images

Meat processors in Brazil accused of bribing health inspectors to get certificates

 Aidan Cotter  to head up ABP’s Slaney venture

Aidan Cotter appointed chairman of ABP’s joint venture with Fane Valley group

Those on low income levels in the private sector typically earned less than their counterparts in the public sector, the CSO study found. Photograph: Kai Pfaffenbach/Reuters

Pay differentials significantly higher for women, CSO research paper also finds

Lottoland takes bets on some of the biggest lotteries in the world, including EuroMillions, US PowerBall and MegaMillions

Controversial Uber-style app allows punters to bet on outcome of worldwide lotteries

Inflation has now risen for four consecutive months. Apart from July last year, the last time the annual inflation rate hit 0.5 per cent was 2013. Photograph: Anthony Devlin/PA Wire

Increase driven by petrol and diesel price rises of 20 and 13.3 per cent respectively

 Minister for   Climate Action  Denis Naughten: The national mitigation plan, the first in five years, will set out how the Government intends to curb harmful gas emissions. Photograph: Gareth Chaney Collins

Long-awaited strategy to focus on agriculture, transport and construction

Investment appeal: an office block in Dublin’s  docklands. Photograph: Aidan Crawley/Bloomberg

Demand likely to stay ahead of supply and drive rents up further after Brexit

Minister for Finance Michael Noonan said that so far this year applicants had received tax rebates totalling €3.48 million under the help-to-buy scheme. Photograph: Bryan O’Brien

First-time buyers get average rebate of about €15,000 under Government scheme

Imagine CEO Sean Bolger: he said the Government’s National Broadband Plan had opted for a fibre solution that was way beyond what was needed. Photograph: Dara Mac Dónaill

Imagine boss Seán Bolger says Government has opted for technology that nobody wants

ComReg’s new report shows just 7,623 households and businesses are using  fibre broadband despite industry claims of much higher take-up

‘Shocking’ ComReg figures show take-up of fibre broadband has been extremely limited

Traders  on the floor of the New York Stock Exchange. US stocks were little changed on Thursday as gains in bank stocks were countered by the second day of losses in energy shares. Photograph: Brendan McDermid/Reuters

European Central Bank president says the cyclical recovery may be gaining momentum

The 5.2 per cent increase in GDP for last year was at least more plausible than the previous 26 per cent figure. Photograph: Carlo Allegri/Reuters

Even last year’s more modest growth in GDP is distorted by actions of multinationals

The latest figures show industrial output in 2016 increased 2.4% in volume terms. Photograph: Aidan Crawley/Bloomberg

Quarterly national accounts from CSO suggest output grew in all sectors of economy

IFA president Joe Healy:   said the implications of Brexit for Irish agriculture were so serious that it must be first in the Government’s negotiating position

IFA issues stark warning about consequences of UK not getting free trade deal with EU

Bank review suggest up to 61 per cent of fund administration activity here is outsourced

An anti-Brexit billboard commissioned by the “stopthesilence” campaign in the UK.  Photograph: Dan Kitwood/Getty Images

Trade body wants to alert EU decision-makers to challenges faced by Irish businesses

Escher specialises in point-of-sale software to the retail and financial sectors, said revenue rose 2 per cent to $22.4 million.

Dublin-based company expanded sales of its Riposte digital transaction platform

Caroline Kelleher, director of policy, Limerick Chamber and Martin Shanahan, chief executive of IDA Ireland at a joint Limerick City and County Council and Limerick Chamber event.  Photograph: Sean Curtin /  True Media.

Martin Shanahan says Ireland will retain its competitiveness despite Trump moves in US

Retail sales values, excluding bars and car sales, increased by 3.3 per cent in the year to January.  Photographer: Chris Ratcliffe/Bloomberg

Figures from Central Statistics Office show sales grew by 5% in 12 months to January

Investec barometer points to strong pick-up in customer demand and new business

Architect Mel Reynolds argues that the building programme will deliver ‘executive’ houses that sell for €350,000 and above while we need  homes at around €270,000, that are affordable for a two-income family earning €80,000

The private build model produces houses that most people can’t afford, says expert

Moody’s warned that a lack of housing could limit the upside for Ireland under a Brexit scenario. Photograph: Alan Betson

Property expert says Rebuilding Ireland strategy is based on faulty assumptions

Eir’s rivals claim its fault repair times fall below European industry norms and diminish the service they provide.

Telco claims ComReg overstepping remit in imposing penalties on repair delays

Minister for Finance Michael Noonan: Revenue collected €7.5bn for the first two months of the year, 1.6%  ahead of profile

Government’s main tax head undershot target by 6% in February

Mary Mitchell O’Connor, Minister for Jobs, at a trade fair in the RDS: “We’ve seen the largest declines to date this year in Border, Midlands and South East counties which is very good news.” Photograph: Cyril Byrne

CSO figures show the number of claimants signing on fell by 2,800 last month

Jobs for Drogheda. IDA CEO Martin Shanahan; Minister for Jobs   Mary Mitchell O’Connor, MTI Global Services CEO Chris Remy and  lord mayor of Drogheda Oliver Tully at MTI’s facility in Drogheda. Photograph:  Richie Stokes

Company says ‘talented technology savvy workforce’ a factor in decision to locate

Broderick’s employs 100 staff at its Walkinstown base in Dublin

Investment, co-funded by BDO Development Capital Fund, will also create 40 new jobs

The subindex for new orders rose sharply again, with a number of panellists citing improving market conditions.

Investec’s latest PMI softens for a second successive month, though still above 50 line

Ireland’s €11bn food sector has long been highlighted as highly vulnerable to Brexit, with more than half of the State’s food output going to the UK

Oireachtas committee report highlights risk posed to Irish agriculture from Brexit

Ireland experienced its first year of positive net inward migration of 3,100 in 2016, helping to add to the labour force. Photograph:  Sean Gallup/Getty Images)

Latest monthly figures show no let up in level of job creation across the economy

Ryanair shares were  up marginally at €13.97. Photograph: Andy Rain/EPA

Building and materials companies temper gloom over unravelling deals

The survey reveals only 13 per cent of Irish people believe the economy here will “worsen” over the next 12 months as a result of Brexit. Photograph: Francois Lenoir/Reuters

Eurobarometer poll also reveals public maintains positive attitude towards migrants

Central Bank reveals extent of consolidation across the sector in Ireland

Partnership will see Hermitage become strategic supply chain partner for UK group

Larry Murrin, chief executive of Dawn Farm Foods. Photograph: Alan Betson

Food group plans to invest €25m in developing research centre over next five years

Competitor Norwegian Air said it had sold more than 5,000 flights within hours of announcing services to the US from Irish airports  on Thursday. Photograph: Norwegian Air/PA Wire

IAG dismisses newcomer Norwegian Air’s low fares on US flights as media stunt

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