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Social Protection Dept had €495m outstanding debt

Fri, 09/29/2023 - 16:40
The Comptroller and Auditor General report has shown that at the end of last year, the Department of Social Protection had outstading debt of €495 million relating to scheme overpayments to claimants, and a large proportion of debtors are not repaying debts.

C&AG - Dept to seek sanction for ex gratia payments

Fri, 09/29/2023 - 16:13
The Department of Social Protection has agreed to seek sanction in advance from the Department of Public Expenditure, NDP Delivery and Reform for any future ex gratia payments after a C&AG report found payments made to social welfare branch office managers in 2022 were 'irregular'.

C&AG - HSE carried accumulated 2022 deficit of €1.24bn

Fri, 09/29/2023 - 15:56
The Health Service Executive was carrying an accumulated deficit of €1.24 billion at the end of 2022, according to today's report from the Comptroller and Auditor General.

Ireland's homes not energy efficient, says C&AG report

Fri, 09/29/2023 - 15:48
Ireland's homes are not energy efficient and fewer than one in five has one of the higher ratings, according to the Comptroller and Auditor General report.

C&AG - €85m of warehoused debt 'uncollectable'

Fri, 09/29/2023 - 14:52
There were just over 60,000 businesses and individuals still availing of Revenue's tax debt warehousing scheme at the end of July of this year, who collectively owed €1.9 billion.

C&AG - Passport application refusals should be recorded

Fri, 09/29/2023 - 14:27
The passport service recorded its longest ever average turnaround times of 40 working days for paper and online first-time applications in 2021.

C&AG: Issues with Agriculture Dept's property portfolio

Fri, 09/29/2023 - 14:16
The Comptroller and Auditor General's annual report has found a number of issues when it examined the property portfolio held by the Department of Agriculture Food and the Marine.

C&AG - Assets in Ireland-Apple escrow account down

Fri, 09/29/2023 - 14:06
New figures in the Comptroller and Auditor General's annual report shows that the total assets in the Ireland-Apple escrow account fell again last year.

Intel opens new production facility at Leixlip plant

Fri, 09/29/2023 - 13:00
Chipmaker Intel has officially opened a new manufacturing facility at its plant in Leixlip, Co Kildare today.

Smurfit Kappa invests €5m in Serbian facility

Fri, 09/29/2023 - 12:00
Paper and packaging giant Smurfit Kappa has inaugurated a new purification and wastewater treatment plant in Belgrade in Serbia after a €5m investment.

Total value of card transactions hit €6.8 billion in H1

Fri, 09/29/2023 - 11:10
New research from the Central Bank reveals that newer payment methods such as contactless card payments and digital mobile wallet card payments now account for an increasing share of total card transactions.

Energywise Ireland to create 100 jobs in Munster

Fri, 09/29/2023 - 10:45
Energy solutions specialist Energywise Ireland said it plans to create 100 jobs in Munster over the next two years.

Euro zone inflation falls to lowest level in two years

Fri, 09/29/2023 - 10:03
Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.

New EU carbon border tax comes into effect on Sunday

Fri, 09/29/2023 - 09:53
Importing businesses are being warned that they may need to put preparations in place for world's first carbon border tax which comes into effect in its initial phase this weekend.

CRU announces disconnection moratorium during winter

Fri, 09/29/2023 - 09:49
Moratoriums on disconnections for all domestic electricity and gas customers for the coming winter have been announced by the Commission for Regulation of Utilities today.

Do you work in a toxic workplace? Here's what you can do about it

Fri, 09/29/2023 - 09:23
If organisations won't create safe, welcoming and positive workplaces, they shouldn't be surprised if employees won't put up with it

UK to ease finance rules to up investment post-Brexit

Fri, 09/29/2023 - 08:34
Britain has set out plans to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country's departure from the European Union.

Nike beats profit estimates, to boost focus on running

Fri, 09/29/2023 - 08:16
Nike topped Wall Street estimates for first-quarter profit last night as higher prices of its runners and apparel helped offset a hit from waning demand and persistent cost pressures.

Decree permitting Intesa to sell Russian assets signed

Fri, 09/29/2023 - 08:10
Russian President Vladimir Putin has signed a decree giving Italian bank Intesa Sanpaolo permission to sell or dispose of its assets in Russia, a document posted on a Russian government website showed today.

Oil set for 2% weekly gain on China holiday demand

Fri, 09/29/2023 - 07:59
Oil prices slipped today but were headed for a gain of 2% for the week driven by tight US supply and expectations of strong fuel demand in China during the Golden Week holiday.