The European Commission suggested that EU plans to harmonise tax rules across the bloc could be used to incorporate new rules on digital taxation. Photograph: Dominic Lipinski/PA Wire

Commission paper set outs roadmap for reforming how digital firms should be taxed

Traders on the floor of the New York Stock Exchange: Markets are pricing in a 56 per cent probability of the Fed raising rates in December.  Photograph: Michael Nagle/ Bloomberg

Global stocks tread water even after tension-raising speech by US president

Minister for Finance Paschal Donohoe flanked by  PwC head of tax Joe Tynan and Irish Times managing director Liam Kavanagh at The Irish Times/PwC Tax Summit. Photograph:   Nick Bradshaw

State’s tax system must support work and innovation, says Minister for Finance

Ibec’s Fergal O’Brien: Ireland has missed out on an additional €7 billion in fiscal space by failing to apply the EU’s fiscal rules. Photograph: Eric Luke/The Irish Times

Ibec’s Fergal O’Brien claims EU fiscal rules not being applied correctly to Ireland

PwC tax partner Liam Diamond

Irish Times/PwC Tax Summit hears of major challenge to Ireland’s competitive offering

The RIAI called for the adoption of more streamlined system to regulate and process housing planning applications. Photograph: Gareth Fuller/PA Wire

Architects’ body says it can take three years for new houses to come on stream

An office building containing the London HQ  of Bell Pottinger: the disgraced firm is now fighting for survival amid a mass exodus of clients and staff. Photograph: Toby Melville/Reuters

Irish bank says it is preparing a tender process for its UK PR business

Laya said it would reimburse between 50 and 75 per cent of the initial fees across many of the schemes in the new clinics. Photograph: Nick Bradshaw

Healthcare groups announce tie-up for network of walk-in clinics for minor injuries

Eir said: “Providing best in class technologies such as fibre to the home carries significantly higher costs in rural locations than in urban and suburban locations.” Photo Karl Hussey/ Fennell Photography

Companies, including Vodafone and Sky, are unhappy with Eir’s connection charges

Anti-Brexit campaigners, Borders Against Brexit, set up a mock customs search during a protest against Britain’s vote to leave the European Union, at the border town of Carrickcarnon in October 2016. Photograph: Reuters/Clodagh Kilcoyne

Latest national account data reveals significant pick-up in cross-Border shopping

Paschal Donohoe, Minister for Finance and Public Expenditure & Reform: GDP increased 1.4% in second quarter, but GNP fell 4.6%. Photograph: Brenda Fitzsimons / THE IRISH TIMES

Personal consumption declined following pick-up in used car imports from UK

“Tackling the infrastructure and housing supply should be part of the larger goal to enhance Ireland’s competitiveness and build capacity for the future,” Deloitte’s head of tax Lorraine Griffin said.  Photograph: Tom Conachy

Consultancy says crisis could limit Ireland’s ability to attract post-Brexit investment

Within minutes sterling surged 1.5 per cent against the euro to be trading at 88p, its highest level in months. Photograph: Daniel Sorabji/AFP/Getty Images

Bank supports sterling while deferring action to cool inflation

Launch ed Minister for Finance Paschal Donohoe, the review sets the scene for Government decisions on the allocation of the additional €4.1bn for capital investment over the period 2018-2021

Minister for Finance Paschal Donohoe launches mid-term review of spending plans

The proposals for deepening economic and monetary union within the euro zone  were discussed by the Cabinet after a briefing from Minister for Foreign Affairs Simon Coveney

State could lose €4bn in taxes if corporate tax harmonisation is adopted, expert says

Sterling surged to a one-year high of 89p against the euro on Tuesday.

Analysts speculate on where British currency may go from here

Property Industry Ireland claims it is too early to assess value of initiative

Seamus Coffey:  his review comes in the wake of controversies over Ireland’s tax regime, including the European Commission’s ruling  that Apple should repay €13 billion in back taxes. Photograph: Dara Mac Dónaill

Review of Ireland’s corporation tax code acknowleges improvements in transparency

In Dublin, where supply pressures are most acute, the rate of growth was even stronger at 12.7 per cent.

Latest CSO numbers show inflation was even more pronounced in Dublin at 12.7 per cent

Providence Resources has put out a request for pricing on a rig for its prospect at Barryroe, off the coast of Cork. Photograph: Finbarr O’Rourke

Latest drilling failure heaps pressure on explorer’s chief executive Tony O’Reilly jnr

The number of houses advertised for sale in Ireland in July was down 9 per cent year on year, according to an analysis by Sherry FitzGerald. Photograph: Cyril Byrne

Largest fall in Dublin city, where supply fell 19% in the 12 months to July

Irish household debt as a proportion of disposable income fell 10.2 per cent in the 12 months to the first quarter of 2017. Photograph: Bryan O’Brien

Irish still the fourth most indebted in the EU despite posting largest reduction in union

Prof Philip Lane, governor of the Central Bank: “There are no one-way bets in the housing market.” Photograph: Cyril Byrne / The Irish Times

Government may soon have to raise taxes to stop the economy from overheating and to allow for investment in housing and water

Horse Racing Ireland’s chairman has warned of the potential restrictions on the free movement of horses between the UK and the Republic after Brexit. Photograph: PA Wire

Horse Racing Ireland warn of potential effect of a hard Brexit

Enet, which was recently sold to the Irish Infrastructure Fund for between €150 million and €200 million, is Ireland’s largest wholesale-only carrier with offices in Limerick and Dublin

Telecoms firm to build new €100m network in Eir rollout areas

The number of males signing on fell by 3,100  in August

Latest figures show the number of claimants on the register fell by 7,300 in August

The index for August indicated the most significant monthly change was in the area of clothing and footwear, with prices rising 6.1 per cent

Latest Consumer Price Index puts headline inflation at 0.4 per cent in August

Earlier this year, the Government agreed a deal with the telecoms firm, which saw 300,000 homes removed from the State scheme and placed back into Eir’s commercial rollout plans

Cabinet memo suggests subsidy is likely to rise on foot of Government deal with Eir

The Irish Co-operative Society is proposing that a farmer can enter into a voluntary agreement with their co-operative to defer up to 5 per cent of their gross annual income. Photograph: Getty

Umbrella group for dairy co-ops says Brexit warrants income stabilisation measures

“It will not be possible to meet the demand for talent solely from the domestic labour market.” Photograph: Jason Reed/Reuters

Latest figures show number of workers classified as unemployed fell 1,700 in August

Wine consumption in Ireland hit a record-equalling 9 million last year, matching the figure for 2011. Photograph: PA

Record-equalling 9 million cases sold last year as disposable incomes in Ireland rose

The latest figures show the Government collected just under €30.5 billion in taxes for the period, which was €209 million less than it expected at the start of the year.  File photograph: Getty Images

Latest numbers show Government’s tax take still trails projection by €209m

Traders working on the floor of the New York Stock Exchange recently. US markets were closed on Monday.  Photographer: Michael Nagle/Bloomberg

Pan-European Stoxx 600 index and euro zone blue chips both fall 0.5 per cent

VAT receipts, which reflect consumer spending, came in ahead of target, generating just over €9 billion for the eight-month period, which was 1.1 per cent or €90 million above target

Exchequer returns show State collected €30.5bn in taxes in January to August period

US president Donald Trump:  his intention to cut the US corporate tax rate to 15 per cent may not be achievable with the border adjustment tax, which might have funded the reduction, now off the table. Photograph: Chris Kleponis

Analysts believe incentives for US firms to base operations in Ireland will continue

Brendan Jennings, managing partner of Deloitte, and Harry Goddard, head of consulting. Photograph: Sara Freund

Company’s Irish arm increases revenue by 14% to €285m

The Central Bank’s archive contains correspondence regarding printing distinctive markings on legal tender notes for the duration of the war so that in the event of any notes being scattered through war action at the printers or in the course of transit, the public could be warned against accepting such notes.

Famed Irish society lays claim to being world’s first arbitration body

Sterling just above eight-year-low: the pound hovered close to 92p against the euro on Wednesday. Photograph: Miles Willis/Bloomberg

UK currency under intense pressure amid signs Brexit is undermining economy

A record 300,000 people expected to attend this year’s National Ploughing Championships. Photograph: Alan Betson

International interest in Ireland’s showpiece agricultural event has been growing

US president Donald Trump is expected to give a broad outline of his tax plan in a speech in Missouri on Wednesday. Photograph:  Brendan Smialowski/AFP Photo

President Donald Trump is expected to outline plan in speech on Wednesday

Chinese inspectors will this week visit plants operated by Ireland’s leading processors  including Kepak, ABP, Slaney, Dawn, Dunleavy and Liffey

Chinese delegation to visit eight Irish meat plants this week

Latest figures from the Department of Finance show there were close to 8,000 Help-to-Buy applications in the first half of 2017, of which 5,000 were successful. File photograph: Frank Miller

John O’Connor of State’s Housing Agency says such a move would be ‘very disruptive’

Dublin City Council, the city authority with the largest population and biggest housing crisis, built just 31 units over the nine-month period. Photograph: Aidan Crawley

Figures reveal low level of direct builds persists although 90,000 on waiting lists

Greencore had supplied Starbucks with frozen sandwiches through its plant in Jacksonville, Florida. Photograph: Tasneem Alsultan/Bloomberg

Irish food firm loses big contract to supply coffee chain with frozen sandwiches

Brian Reilly: “We are wholly confident that this initiative can be achieved, and on an ethical basis, especially following last week’s successful meetings in New York.”

Initiative to buy €5 billion of distressed mortgages advanced in US

Full house: While retailers are seeing sales growth, only bars are seeing prices rise too. Photograph: Marco Cristofori/Getty

Retailers relying on discounted prices for sales growth, but bar trade bucking the trend

The Smalls Firms’ Association has  called on the Government to increase the self-employed earned income tax credit to €1,650 per year, putting it on a par with the PAYE tax credit

SFA says owner-managers still pay more tax than employees on same gross income

The British economy may lose growth momentum as the government’s failure to define its Brexit target creates investment uncertainty. Photograph: Luke MacGregor/Bloomberg

Sterling hits eight-year low, but most are predicting currency will begin slow recovery

Vacant former social housing in a small flats complex  off Townsend Street in Dublin. Photograph: Frank Miller

Coalition’s plan to address housing shortage is entirely predicated on the private sector

US stocks were mostly lower in early  trading on Thursday, with investors cautious as they await comments on monetary policy from central bankers gathered for their annual meeting in Jackson Hole, Wyoming. Photograph: Getty Images

Greencore moves to assure investors following another decline

UK bound: Irish construction firms rely heavily on the British market, exporting everything from timber and precast concrete to architectural and engineering services. Photograph: Nick Bradshaw

Survey suggests many firms are eyeing opportunities elsewhere to mitigate risk

Riverside  at Sir John Rogerson’s Quay, Dublin. While high-end tech and financial companies may be moving into Dublin 2, many have large space requirements which may  not fit the specifications of what is available

Research finds vacancy rates across State remain high despite economic recovery

The OECD issued a batch of peer review reports on the tax and financial transparency of 10 jurisdictions, giving Norway and Ireland top ratings while finding Canada, Germany, and Australia have room to improve.

Top ‘compliant’ rating given to Ireland, Norway and Mauritius

Striking crane drivers protesting on Sir John Rogerson’s Quay.  Crane drivers, represented by trade union Unite, have been picketing construction sites across Dublin in a dispute over pay since June. Photograph: Brenda Fitzsimons

Construction lobby group says row is halting work on vital building projects

Frances Fitzgerald, Minister for Business, Enterprise and Innovation, has welcomed the new European Union  rules on corporate reporting. Photograph: Eric Luke

EU regulations aimed at increasing transparency for customers and clients

Traders work on the floor of the New York Stock Exchange  on Friday. Photograph: Michael Nagle/Bloomberg

Positive Kingspan results sends stock 9.5 per cent higher

European Central Bank president Mario Draghi: he  may signal when its bond-buying programme will end in Frankfurt in October.  Photograph: David Sleator

Minutes of ECB meeting show concerns about the strength of the euro

Lender says product is aimed at professionals finding it difficult to secure finance

Latest move marks an escalation in the six-week long dispute that is said to be costing the economy millions of euro. Photograph: Alan Betson

Industry body says strike action by Unite threatens delivery of vital projects

Payzone chief executive Jim Deignan said the 2016 financial results reflected the ongoing diversification of the company’s revenue base.

Online transactions now account for 12% of total Payzone transactions

Latest CSO data show 14% increase in trade with our nearest neighbour so far this year

Pepper Ireland chief executive Paul Doddrell. US private equity giant KKR, which is in the process of buying Pepper, has rejected suggestions that it may try to offload the group’s Irish assets.

US private equity giant KKR says it does not intend shedding Irish assets

 Secretary of State for the Department of Exiting the European Union David Davis (right). In a statement on Sunday, the UK’s department for exiting the European Union said intense work had been underway to prepare for formal talks on the UK’s future relationship with the EU

Downing Street promises clarity on Irish Border and customs union ahead of talks

As of last month, some €150 million worth of home loans had either been drawn down or in the pipeline to be issued by Pepper. Photograph: Neil Hall/Reuters

Australian non-bank lender is being bought by US private equity firm KKR

 Tom Parlon: “Infrastructure investment needs to be made with a 10-15 year time horizon in mind. However, our political system works against this type of long-term thinking”

Construction Industry Federation says process is affected by political decision-making

Credit card point of sale  transactions amounted to €894m in June, while e-commerce transactions using credit cards totalled €394m

Central Bank figures show value of debit and credit card transactions continues to grow

The latest Central Bank data show the volume of new mortgage agreements amounted to €562 million in June, bringing new agreements to €5.6 billion over the past 12 months. Photograph: Matt Kavanagh

Banks continue to attach premium to variable rate mortgages despite upturn in business

Food group Kerry enjoys modest bounce on foot of strong results

Over the past 12 months  the cost of clothing and footwear has fallen 5.9%

Most significant monthly change was in area of clothing and footwear

Food Safety Authority confirms contaminated Dutch eggs supplied to food businesses here

Siobhan Talbot, Group Managing Director or Glanbia. Photograph: Dylan Vaughan.

Kilkenny-based food group reports 11.5 per cent rise in overall revenue to €2.05 billion

Stellwagen, the aviation financing group headed by former Ryanair deputy chief executive Howard Miller, has made a 10-year loan to Hong Kong-listed China Aircraft Leasing Group.

Aviation financing group headed by former Ryanair executive makes first big loan

In Dublin, INM shares take a hammering after company issues profit warning

Minister for Finance  Paschal Donohoe: Although total government expenditure fell in 2016, the comparison with 2015 is impacted by a once-off capital transfer of €2.1 billion in 2015. Photograph: Alan Betson/The Irish Times

Latest figures indicate significant improvement on 2015’s €5bn deficit

Brexit talks: Moody’s said the probability that negotiations could fail with no agreement being reached was still “substantial”. Photograph: Yves Herman/Reuters

Rating agency warns probability that EU-UK negotiations will fail is ‘substantial’

 Sarah Brady  in Vampirella at Smock Alley Theatre: The group hosted 10 festivals and 152 companies presenting 707 performances in 2016.  Photograph: Cyril Byrne / The Irish Times

Dublin theatre group bemoans lack of state funding as deficit widens

Former Aer Lingus chairman Colm Barrington   has been a non-executive director of Hibernia since the company’s initial public offering (IPO) in 2013

Advisory firm claims former Aer Lingus chairman holds too many other positions

Electrical sales from Bord na Móna’s Mountlucas and Bruckana wind farms fell by €5.2 million for the 12 months to the end of March. Photograph: Dara Mac Dónaill

Irish company discovers compliance issues at UK subsidiary months after acquisition

Market reaction to the Opec deal extension have seen oil prices take another hit

London-listed builder pays €107.5m for prime Dublin 4 development site

UDG says acquisition of Cambridge BioMarketing would provide platform for growth

Christopher Sibley, Jennifer Banim and Michael Connolly of the CSO brief the media on the new measurements at  Government Buildings. Photograph: Cyril Byrne

In the adjusted metric, Ireland’s bumper current account surplus becomes a deficit

Announcing the figures for economic growth in the first quarter of 2017 at Government Buildings were Central Statistics Office officials Jennifer Banim and Michael Connolly. Photograph: Cyril Byrne

CSO’s new measure paints economy in less flattering light with contraction of 2.6%

Eir’s dominant position in the telecoms market in Ireland was examined  amid allegations of anti-competitive practices.

ComReg published consultants’ report amid allegation of anti-competitive practices

A graph on a trader’s screen shows the fall of pound sterling that occurred when the first general election exit poll was released on June 8, 2017 . Photograph: Getty Images

Central Bank paper assesses impact of sterling volatility on prices here

Brendan McDonagh, chief executive of Nama: ‘There is little disincentive to hoarding as long as the owner expects house prices to rise”.   Photograph: Alan Betson / The Irish Times

Brendan McDonagh indicates only small fraction of sites sold have been developed

Minister for Finance Paschal Donohoe: said he did not expect tax receipts to surpass expectations this year. Photograph: Gareth Chaney/Collins

Government will prioritise areas of greatest need given ‘limited resources’, Minister says

The average allocation to equities has risen modestly in Irish pension funds from 36 per cent to 40 per cent, a Mercer survey shows.

Bonds account for 48 per cent of average allocation, Mercer survey finds

A total of 3,585 new private cars were licensed for the first time in June, a decrease of 13.5 per cent compared with the same month last year. Photograph: Gareth Fuller/PA Wire

Consumers avail of favourable exchange rate to pick up bargains across the Border

A complete abolition of the USC with the two standard income tax rates held constant would come “at a very high price for public finances”. Photograph: iStock

European Commission warns move would severely restrict Government spending

Minister for Finance Paschal Donohoe has poured cold water on calls for increased infrastructure spending. Photograph: Cyril Byrne

Minister for Finance downplays prospect of major hike in capital budget

The Department of Communications is understood to be unhappy with the  prices Eir charges rivals for access to poles, ducts and cabinets. Photograph: Karl Hussey/Fennell Photography

Price company charges for access to its network has major bearing on cost of State plan

In New York, the S&P 500 and the Dow were little changed in choppy trading, but the Nasdaq was propped up by gains in tech shares. Photograph: Lucas Jackson/Reuters

In Dublin, food group Kerry jumps on foot of bullish note from Deutsche Bank

Taoiseach Leo Varadkar and Minister for Finance and Public Expenditure Paschal Donohoe: have signalled their intention to make tax reform and tax reduction a key priority for the new administration. Photograph: Dara Mac Dónaill

‘Elasticities’ flaw in exchequer forecasting model may be behind fall in USC receipts

The Living Wage Technical Group has raised what it considers the minimum hourly pay rate a worker needs to cover basic cost of living expenses to €11.70.

Wage campaigners claim €11.70 an hour labour rate required to cover jump in rents

  Minister for Finance Paschal Donohoe . Photograph: Cyril Byrne / THE IRISH TIMES

Half-year exchequer returns buoyed by strong performance of corporation tax

Latest figures show number of workers classified as unemployed fell by 900 in June

KPMG’s John Veihmeyer: heightened geopolitical uncertainty on both sides of the Atlantic is depressing economic growth

John Veihmeyer also believes prospect of meaningful US tax reform remains high

Broadband network being installed. The National Broadband Plan  to equip 542,000 rural homes and businesses with high-speed broadband has been beset with problems and delays. File photograph: iStockPhoto

Naughten indicates work on project will not begin until at least beginning of 2019

MyHome’s report suggested property prices nationally rose by 5 per cent in the second quarter of the year and were up 8.9 per cent year-on-year. In Dublin, prices rose by a slower 2.8 per cent in the quarter but were up 10.3 per cent on an annual basis. File photograph: iStockPhoto

Warning of possible rush in transactions ahead of likely abolition of Help-to-Buy scheme

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