The Currency

It is striking that The Currency’s budget interviews with the Labour Party’s finance spokesperson Ged Nash and Minister for Public Expenditure Jack Chambers conclude on a similar note. “We need that honest conversation about tax and spending. We haven’t had it yet under this Government because, you know, surplus corporation tax receipts have made them lazy,” Nash says at the ...

It was the debt that brought Paddy McKillen Jr to the brink of bankruptcy, one the former Press Up boss fought to the nth degree. But a lot has changed in the past fortnight and today senior counsel Bernard Dunleavy informed the Commercial Court that his client has consented to judgment against him for over €2.3 million. The creditor in question is Herbert Street Property Fin...

LONDON—The acquisition of Manchester City by an Abu Dhabi royal was always much more than a billionaire buying himself a shiny foreign toy. From the very start, the project was the tip of a soft-power campaign to entrench the tiny Emirate deep in the British economy. Now, 18 years later, it has emerged that the club was at the heart of the largest cheating scheme in English s...

“It feels like being in Alice in Wonderland to arrive in a country with a budget surplus”. So observed the only non-Irish panellist at KPMG’s breakfast briefing the morning after Budget 2027. It brings home the fortunately unusual position Ireland is in compared to most of its peer countries. Sluggish growth in much of the rich world, combined with debt burdens built up over ...

As the weeks wind down on getting a deal on the EU’s budget done, familiar challenges like taxes, debt repayments and national contributions have loomed over Ireland’s EU presidency but no one expected a Spanish pensioner to throw further fuel on the fire. The pressure that Ireland’s EU presidency is under has been defined by a need to get a deal on the long-term budget – the...