Taoiseach Enda Kenny was speaking at the annual dinner held by the Dublin Chamber of Commerce this evening. Photograph:  Bryan O’Brien / The Irish Times

Taoiseach Enda Kenny has said next week’s budget will see the first step in reducing the 52 per cent tax on low and middle income earners, a rate he s(...)

Signs point to weakening growth in the euro zone, according to the OECD

Most major world economies are continuing to show stable growth momentum, but within the euro zone Germany and Italy are losing steam, the OECD said (...)

Volkswagen T5 cars are pictured at the booth of German carmaker Volkswagen at the IAA truck show in Hanover. Photograph: Fabian Bimmer/Reuters

German business sentiment fell for a fifth straight month in September to its lowest level in nearly 18 months, dampening expectations for a third-qua(...)

The Organisation for Economic Cooperation and Development has cut its forecast for growth in the euro zone to 0.8 per cent, down from 1.1 per cent.  Photograph: EPA/BORIS ROESSLER

The OECD has slashed its growth forecasts for major developed economies, urging much more aggressive ECB stimulus to ward off the risk of deflation i(...)

The global economic recession cut growth, depressed tax revenues and forced most governments to borrow more to finance their rising deficits. Against (...)

OECD Secretary general Jose Angel Gurria. The OECD has said its leading indicator covering 33 member countries was unchanged for the sixth month in a row. Photo: Bloomberg

OECD sees slowing or stable growth in emerging economies flat in major developing economies with the exception of India while the outlook for most dev(...)

Starting salaries for consultants were cut by 30 per cent in 2012, but the Government is expected to agree to reverse some of this shortly.

Irish hospital consultants are still among the highest-paid in the world, despite the cuts imposed during the economic downturn, according to new f(...)

US President Barack Obama at the G20 summit in Russia last year. Proposals on the global tax system are due to be presented to a meeting of G20 finance ministers in September. Photograph: Sergei Karpukhin/Reuters

After decades of relative stability, the global tax system is in a state of flux at a time when Ireland would least like it to be so.The foreign direc(...)

Feargal O’Rourke, chairman of the tax policy committee of the American Chamber of Commerce Ireland, and head of tax with PwC Ireland. “I believe the balance of advantages lies in Ireland dealing with [the issue] on a proactive basis.” Photograph: Eric Luke

Ireland’s corporate tax regime will have to change and it will not be possible to sustain current corporate residency rules, a senior figure in the Ir(...)

 Tánaiste and Minister for Foreign Affairs  Eamon Gilmore at the announcement of his resignation yesterday: his successor will be under extreme pressure to rebuild a battered party. Photograph: Eric Luke

The Coalition faces a prolonged period of uncertainty after Eamon Gilmore’s abrupt resignation. In question for weeks to come is whether Labour will e(...)