Business · 3 hours ago
Ireland's €8.5bn giveaway budget draws a sharp warning from its watchdog
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Ireland's Fiscal Advisory Council says Budget 2027 puts public finances on a worse trajectory, warning the €8.5bn package deepens reliance on risky corporation tax receipts. Spending will reach a record €125.6bn next year. Measures include income tax cuts, a minimum wage rise to €14.94, a €1 increase on cigarettes and extended fuel excise relief, while Taoiseach Michéal Martin insists the budget protects people amid crisis.
Reported by The Irish Times · How we write briefs