Revenue has lost €50m on warehoused taxes owed by companies that have gone into liquidation, according to figures provided by Minister for Finance Michael McGrath.
Inflation eased in March following a surprise spike the previous month. The pace of inflation in Ireland measured using the EU Harmonised Index of Consumer Prices (HICP) is estimated to have increased by 7pc in the 12 months to March 2023. While inflation rose during the month the pace of the increase in prices eased.
UK energy power company SSE lifted its annual earnings expectations on Thursday, helped by continued strong performance of its flexible generation plant.