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News

Ireland borrows €1bn at a rate of just 0.33pc

The State has borrowed €1bn for 10 years at an effective interest rate of just a third of one percent.

Record food exports can’t mask scale of over reliance on UK

Irish food and drink exports clocked up a sixth consecutive year of growth in 2015, despite the steep decline in dairy prices.

‘No threat to Britain’ from open border with Ireland

An open border between Northern Ireland and the Republic post Brexit wouldn’t pose a risk to Britain in terms of immigration, Ireland’s ambassador to London has insisted.

Brexit a ‘disorientating prospect’ for Ireland with serious consequences for the north – Donald Tusk

Brexit is a “disorientating prospect” for Ireland, with serious consequences for the north, European Council President Donald Tusk has said.

Obama in attack on tax ‘race to bottom’ after Apple ruling

US President Barack Obama has accused allies of “racing to the bottom” with their taxation policies in the wake of the Apple tax ruling against Ireland.

An Irish tech company has just been snapped up by Intel

Irish tech firm Movidius has been acquired by Intel for an undisclosed fee, however the company was said to be valued at around €200m early last year.

Our service exports fall as sterling hits orders

Export orders in Ireland’s services sector dropped to a five-month low as a result of fewer orders from the UK due to the weakening in sterling, a survey has found.

Hogan: Apple debacle ‘won’t have any impact’ on foreign investment

EU Commissioner Phil Hogan flatly rejected suggestions that Brussels is trying to exert influence over Ireland’s tax policy through the Euro 19bn Apple tax demand.

Ireland is ‘especially exposed’ to another financial shock – says Central Bank

Ireland remains especially exposed to another financial shock because of the high levels of public and private debt, the open nature of the economy, and Brexit, Central Bank Governor Philip Lane has said.

Ireland should remain attractive even after Apple windfall – global ratings agency

Ireland should remain an attractive location for multinationals even if the State were to ultimately take up to €13bn in takes from Apple, global ratings agency Fitch has said.

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