Just 15,800 people who each earn more than €250,000 a year are receiving a total of €130m every year in tax relief on pension contributions from the Exchequer.
Department of Finance chief economist John McCarthy has warned that the Government cannot take full responsibility for cushioning the blow of inflation.
Boohoo shareholders will vote today on Offaly-born CEO John Lyttle’s new £1.3m (€1.5m) bonus scheme, controversially introduced after the company’s falling share price made targets under an old scheme less likely to be met. It comes as sales at both Boohoo and rival Asos slow.
