Press Association
We are committed to safety in our public finances, says Paschal Donohoe
A watchdog has warned the Irish Government not to “repeat past mistakes” as it argued that a large budgetary package is not needed this year. The Irish Fiscal Advisory Council (IFAC) has said that the Irish economy is in an “unusually...
Press Association
Taoiseach Leo Varadkar and finance minister Michael McGrath speaking before cabinet meeting
Taoiseach Leo Varadkar speaking to media as he arrives for a cabinet meeting in Avondale House, Co. Wicklow. The Taoiseach has defended the Government’s approach to the budget following a critical assessment by a fiscal watchdog.
Press Association
First Minister Humza Yousaf visits Rowantree Primary School
EMBARGOED TO 0001 TUESDAY Footage and interview of First Minister Humza Yousaf visiting Rowantree Primary School in Dundee ahead of announcing his Programme for Government.
Bloomberg
EU Must Be 'Very Vigilant' to Avoid Rising Populism: France's Boone
French Secretary of State for European Affairs Laurence Boone says the European Union "cannot keep pre-Covid, pre-war" fiscal rules as she discusses steps needed to prevent the rise of populism in the bloc. She speaks on the sidelines of...
Press Association
Finance minister remains coy on Budget as Fianna Fail looks to put stamp on it
Minister for Finance Michael McGrath has said that “a strong economy” enables the government to invest in public services, as his Fianna Fail party looks to put its stamp on the upcoming budget. While remaining coy on budgetary options,...
Press Association
Paschal Donohoe discusses cost-of-living measures in the upcoming budget
Minister for Public Expenditure Paschal Donohoe has said Budget 2024 will be “big” but further warned of the Government’s precautionary approach to contributing towards inflation. Mr Donohoe said he and Finance Minister Michael McGrath...
Press Association
Wilko falls into administration with 12,000 jobs at risk
Budget retailer Wilko has entered administration after failing to secure a rescue deal, putting around 12,000 jobs in jeopardy. The chain, which runs more than 400 stores across the UK, told staff on Thursday that it has hired...
Press Association
High street retailer Wilko set for administration with 12,000 jobs at risk
Wilko has said it plans to appoint administrators, putting about 12,000 jobs at the high street retailer at risk. The boss of the homeware and hardware chain said it is expected to enter insolvency after failing to secure a takeover to...
Bloomberg
Maya MacGuineas on Spending Bills, Risk of a Shutdown
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, discusses whether or not spending bills will pass as Congress heads to their August recess while the risk of a government shutdown looms at the end of the...
Press Association
Politics daily briefing: July 17
Daily politics briefing for July 17 as Sir Keir Starmer refuses to commit to further spending under a Labour government amid growing calls from unions, including the party’s biggest donor, for him to back more of their policy priorities.
Bloomberg
Australian Treasurer: Inflation Remains 'Defining Challenge' in Economy
"Inflation is moderating in Australia in welcome ways, but it will be higher than we'd like for longer than we'd like." Australian Treasurer Jim Chalmers talks about inflation and the state of the economy. He speaks with Haslinda Amin in...
Press Association
Ministers defend going beyond 5% spending rule
The ministers for finance and public expenditure have defended increasing expenditure beyond their own 5% rule as they announced the Government’s Summer Economic Statement. The Cabinet has agreed an overall package for the budget of 6.4...
Bloomberg
MacGuineas on Warnings of Fiscal Crisis Risks
President for the Committee for a Responsible Federal Budget, Maya MacGuineas, gives her insight on the latest analysis by the Congressional Budget Office saying Speaker McCarthy and President Biden won't be able to avoid a long-term...
Bloomberg
Kenyan President William Ruto on Foreign Investment, $2B Eurobond, Debt
Kenyan President William Ruto discusses attracting foreign direct investment, repurchasing at least half of the country's $2 billion eurobond, and his outlook for growth. He speaks with Bloomberg's Francine on the sidelines of the Summit...
Press Association
There has been 'extraordinary growth' in job numbers in Ireland, says minister
The Minister for Finance has said the upcoming budget will be “prudent”. Michael McGrath was speaking to reporters before the National Economic Dialogue which is an integral part of the annual budgetary procedure, providing a platform...
Press Association
Finance minister says budget will be ‘prudent’
The Minister for Finance has said the upcoming budget will be “prudent”. Michael McGrath was speaking to reporters before the National Economic Dialogue which is an integral part of the annual budgetary procedure, providing a platform...
Press Association
Protection of living standards is priority in upcoming budget, says Irish Finance Minister
Minister for Finance Michael McGrath has said “overarching priorities” for the upcoming budget includes the protection of living standards. Minister for Public Expenditure Paschal Donohoe said Government has decided to increase capital...
Bloomberg
Pakistan Targets Higher GDP Growth
Pakistan's government is targeting higher GDP growth in the next financial year. This comes as the country plans to ramp up spending. Faseeh Mangi reports on Bloomberg Television.
Bloomberg
Haitong International on OPEC+ Decision
Scott Darling, Managing Director at Haitong International gives his outlook for oil prices after Saudi Arabia decided to cut its production to the lowest level for several years. He speaks on "Bloomberg Markets Asia." (Aired on June 4,...
Bloomberg
US Rep. Wasserman Schultz on Debt Limit Deal
US Democratic congresswoman Debbie Wasserman Schultz of Florida discusses the bipartisan debt ceiling deal and why she believes it will ultimately advance through congress. She speaks with Shery Ahn and Paul Allen on "Daybreak Australia."
Bloomberg
Votes Will Be There for Debt Limit Deal: Jeffries
Moments after House Democratic Leader, Hakeem Jeffries spoke to Bloomberg, Bloomberg's own Wendy Benjaminson and Dan Flately discuss the debt-limit deal and whether or not House Democrats will have difficulty getting the votes needed...
Bloomberg
Morgan Stanley: 'Long' 5-Year Treasuries, Warming Up for Duration
Vishwanath Tirupattur, chief fixed income strategist and director of quantitative research at Morgan Stanley, discusses the outlook for the market, Federal Reserve policy and the US economy. He speaks from the sidelines of the Morgan...
Press Association
Housing minister says coalition row ‘overplayed’
Housing Minister Darragh O'Brien dismisses tensions within Cabinet as "overplayed" at an event to launch a remote working hub in his constituency in north Dublin.
Press Association
Harris urges ‘everyone to take a bit of a deep breath’ over coalition budget row
Ministers Simon Harris and Heather Humphreys discuss autumn's budget and recent coalition tensions about the spending plan.