Category Archives: Ireland

UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

Posted in Danger, Economy, Europe, Ireland, UK | Tagged , , , | Leave a comment

The Irish want to pay more tax?

As the Irish economy follows the USA into a double dip recession, it appears from a new poll released today that the Irish population will choose higher taxes over control of public spending when the next national election takes place … Continue reading

Posted in Europe, Ireland, Politics | Tagged , | Leave a comment

Ireland Government to agree to official strike days

In an unprecedented move the Government of Ireland has agreed that every government employee will be entitled to 12 official strike days in 2010. Faced with the prospect of widespread all-out strikes across the public service, the government has agreed … Continue reading

Posted in Ireland, Politics | Tagged | Leave a comment

Britvic trading update positive

Britvic PLC, maker of Robinsons and Tango (and UK distributor of Pepsi, Gatorade and 7Up on behalf of PepsiCo Inc) said this morning that expectations on its full-year results are ahead of analysts forecasts having seen particularly strong trading in … Continue reading

Posted in Business, Ireland, United Kingdom | Tagged , , , | Leave a comment

Irish Prime Minister (Taoiseach) can now show leadership

Following the collapse overnight of talks between the government and an elite group of social ‘partners’ on measures required to bring the Irish economy back from the brink of bankruptcy, the Irish prime minister, Brian Cowen, will now have an … Continue reading

Posted in Danger, Economy, Ireland, Politics | Tagged , , , , , , , , , | Leave a comment

Irish Parliament (Dáil) celebrates 90th anniversary on same day as Obama becomes President

On the historic day that Barack Obama becomes the 44th President of the United Staes of America. This Irish Parliament is celebrating the 90th anniversary of its establishemnt. The Dáil was established in the Mansion House in Dublin by MP’s from … Continue reading

Posted in Ireland, Politics | Tagged , , , , , , | Leave a comment

Ireland Economy in free-fall, GNP falls 5%, is collapse looming?

While the global economy is enduring some of the greatest uncertainty in almost a century, the economy of the Republic of Ireland has been among the worst affected. The Irish Government today announced that the economy contracted by 5% up … Continue reading

Posted in Business, Danger, Economy, Ireland, tax | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Ireland government recall all pork products. Bacon, ham, suasage, black pudding

The Irish government has tionight issued an emergency recall of all pork products. The recall covers all pigmeat products produced from Irish pork. They have also issued a warning to consumers to dispose of any pork products that they may … Continue reading

Posted in Danger, Ireland | Tagged , , , , , , , , , | Leave a comment

UK to reduce VAT (Sales tax) to 15%

UK Chancellor of the Exchequer (Treasury Secretary) Alistair Darling is expected to reduce British sales tax or VAT from 17.5% to 15% in a move aimed at stimulating the faltering Uk economy. UK Prime Minister Gordon Brown will try to kickstart … Continue reading

Posted in Business, Danger, Economy, Ireland, Politics, Stocks, United Kingdom | Tagged , , , , , , , , , , , , , , , | Leave a comment

Citigroup-Citibank to announce a 50000 cut in jobs

According to CNBC this morning, Citigroup Inc CEO Vikram Pandit will announce job cuts of up to 50,000 heads. The main points of the announcement

Posted in Business, Danger, Economy, Ireland, Stocks, USA | Tagged , , , , , , , , , , , , , | Leave a comment

Irish Government under pressure

Following a number of embarrassing u-turns domestically, the Irish governemt has seen 2 defections from its majority in the past week. An independent TD (Member of Parliament), Finian Mcgrath,  who had been supporting the main Fianna Fail party in parliament … Continue reading

Posted in Ireland, Politics | Tagged , , , | 2 Comments

Ireland raises tax to pay for bank bailout

The 2009 budget in ireland was announced on October 14th 2008. Following the complete collapse of their property driven tax base and the recent €400billion bailout of their banking system, the Minister for finance Brian Lenihan has placed an additional

Posted in Economy, Ireland, Politics | Tagged , , , , , , , , , , , , | Leave a comment

Ireland Government bail out of ALL irish banks.

The Irish banking system effectively collapsed this week following a flood of cash out of the country in the wake of the rejection of the rescue plan for the US banks in Washington on Sunday night only to be resurrected … Continue reading

Posted in Business, Danger, Economy, Ireland, Politics, Stocks | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

British airline and tour operator goes bust

XL Leisure Group, the third largest tour operator in the United Kingdom, grounded all flights this morning after going into administration last night. The collapse has left UK and Irish passengers stranded at more than

Posted in Ireland, Travel, UK | Tagged , , | Leave a comment