Law firm pay cuts, takeaway pints, and Irish biopharma groups and Covid-19
Business Today: the best news, analysis and comment from The Irish Times business desk
The Bath Pub in Ballsbridge is serving pints to local customers with a delivery service. Liam Tilly of Bath Avenue Gardens is pictured accepting a pint from Brian O’Malley of The Bath. Photograph: Nick Bradshaw / The Irish Times
Some of the country’s biggest law firms have implemented pay cuts and decided against paying bonuses and profits to partners this year, as a response to the impact of Covid-19 on the economy. Peter Hamilton has the details.
Pubs have been shut now for the past two months due to restrictions aimed at preventing the spread of the coronavirus. But some bar owners in Dublin have found a novel way to serve local customers. Colin Gleeson reports.
Revenue will not charge small companies interest for late payment of income tax and VAT over the coming months as part of the State’s efforts to aid business through the Covid-19 crisis. Barry O’Halloran reports
With the economy in lockdown and little for people to spend their money on, columnist John FitzGerald expects there to be a big surge in savings.
Our Agenda piece this week sees Mark Paul detail how a number of Irish biopharma companies answered the national call for coronavirus testing.