The cost of doing business, the Ryanair strike and public finances

The cost of doing business will be a continuing theme today. The first is a report, compiled by the Oireachtas business committee, which states that Irish companies have started looking outside the state for more affordable insurance premiums because the rising price of coverage becomes an increasingly existential threat.

Later in the morning, the Dáil Public Accounts Committee will be very critical of the reevaluation of commercial rates that companies must pay to local authorities. It is understood that the powerful Dáil inter-party committee will be questioning the time it took for many local authorities to engage in a re-evaluation program, some of which have not been reevaluated for more than a decade.

The state's supervisory body worries that several serious cases suggest a "fundamental malaise" within the Independent News & Media and a "culture of deference" to its largest shareholder, Denis O. Brien, the High Court President.

Ryanair will cancel up to 30 Republic flights to the UK tomorrow, hitting around 5,000 pbadengers, following its first strike planned by its Ireland-based pilots.

The Minister of Finance, Paschal Donohoe, is committed to lowering the tax burden for middle-income earners, but on a "step-by-step" basis. He said that too fast would not be appropriate at this stage of the budget cycle and run the risk of overheating the economy.

In his column, Cliff Taylor says that the game is almost over when it comes to cheap debt and supports the government must now release a budget surplus and sell some of its remaining bank shares.

In the field of commercial real estate, Jack Fagan explains how Eir is in advanced negotiations to sublet a substantial portion of his Dublin headquarters at Heuston South Quarter (HSQ) at AIB. He also received another boost in Dublin's retail investment market, with the sale of 18/19 College Green in the city center for € 4.65 million – more than € 500,000 above the price d & # 39; orientation.

FenuHealth, an equine feed company founded by entrepreneurs Kate (18) and Annie (16) Madden from Meath, will establish a distribution center in the UK to address the potential threat of Brexit on a key export market. Kate Madden told The Irish Times that the company had had discussions with former British Foreign Minister Boris Johnson about the impact of Brexit and how they would create the center. .