Ireland| Today the CRU published a downward revision to the Public Service Obligation Levy (PSO) for 2025/26 of approximately 35€m equating to a revised monthly domestic charge of 1.46€/month in place of the previous €2.01€/month and will be applied to bills from Dec. Full details here https://lnkd.in/e6dhWZFR
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Scotland's top business news service has the latest headlines, including news you won't find in other media...led by a call for a trade union to disaffiliate from Labour... and a meeting of business leaders to hear new VAT demands... https://lnkd.in/dKKSSBA
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Ireland is a key centre for EU Financial services. The Minister of State Robert Troy hosted Financial Services Commissioner Maria Luís Albuquerque to discuss priorities for the next phase of this vital EU policy. Read more ➡️ https://lnkd.in/evPAy8yU EU Economy and Finance Permanent Representation of Ireland to the EU European Commission Representation in Ireland Ann Prendergast Laura Noonan Brian Corr Michael J. McGrath Andrew Smith
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The Institute of Directors Isle of Man has published the results of its third Policy Voice survey, capturing the views of local business leaders on matters relating to the Island’s economy, government policy, and the 2025/26 Budget. https://lnkd.in/ef5w96UC Institute of Directors (IoD), Steve Billinghurst ACA, MIoD
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AHB’s Caryn Zweig, Bryan DiDonato, and Bindia Rosas attended yesterday’s meeting at the Economic Club of New York, where newly appointed Federal Reserve Governor Stephen Miran shared his perspective on the path for monetary policy. Key highlights from his remarks: Current interest rates are too high, and cuts are needed to protect the labor market. The neutral rate of interest has fallen due to tariffs, immigration restrictions, and tax policy—suggesting lower rates are appropriate to avoid economic damage. Important insights as we consider the trajectory of rates heading into year-end. At AHB, we continue to monitor these developments closely as we position portfolios for our clients. #ahb #nyeconomicclub #abnerherrmanbrock https://ahbi.com/
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FOI Reform | Will the Bill improve transparency & strengthen FOI in Scotland? Should ‘publication schemes’ be replaced by a Code of Practice enforced by the FOI Commissioner? Share your views: https://lnkd.in/edV2fDSA #FOIReform
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Public mandate letters have become important instruments of governance in Canada. This article, by our President and CEO Allen Sutherland, examines the ongoing metamorphosis of mandate letters as an instrument of governance from the Trudeau to the Carney government. READ: From Trudeau’s sprawl to Carney’s focus: the evolution of mandate letters https://lnkd.in/eFW_MJrc
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🇫🇷 PM Lecornu aims to pass the budget through parliament, avoiding use of Article 49.3. Markets takeaway: avoids executive shortcut and lowers political risk — could narrow French bond spreads and support the euro; failure would spike volatility.
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As if £9 pints in the Square Mile weren’t bad enough. Now, booze could soon be getting even more expensive as a think tank with close ties to government has proposed upping taxes on alcohol. The Institute for Public Policy Research, a left-leaning think tank, has pinned the blame for the UK’s longstanding productivity woes on work-related drinking. The IPPR said young people felt pressured into drinking with colleagues to advance their career, while staff coming into the office with hangovers weren’t working as hard as their teetotal counterparts. Read the full story here 👇 https://bit.ly/4o7Btrd #politics #economy #uknews #alcohol #tax #budget #labour #rachelreeves
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🌎Building Cohesion, Strengthening Trust - Insights from the ECA 2024 Report Europe invested €61.4 billion in 2024 to boost regional growth, social inclusion, and our shared values. But the European Court of Auditors reminds us: impact also depends on how those funds are managed. 🔹The ECA found an error rate of 5.7%, mainly due to ineligible costs and procurement issues. 🔹The Commission reported 2.9% risk at payment — but auditors say the real risk is higher. 🔹Weaknesses in some national audit systems and limited follow-up checks remain a challenge. 🔹Nearly half of all spending came from programmes exceeding the 2% error threshold. 💬 Cohesion policy is the EU's engine of solidarity — turning investment into opportunity. To keep that engine running smoothly, transparency, control and trust must travel together. Efficient, transparent fund management strengthens both regional impact and citizens’ confidence in EU programmes. 👇 🔗 Link to the report: https://lnkd.in/eJDnrjR3 🌍 Costruire coesione, rafforzare la fiducia – Spunti dalla Relazione ECA 2024 Nel 2024 l’Europa ha investito 61,4 miliardi di euro per promuovere la crescita regionale, l’inclusione sociale e i valori comuni. Ma come ricorda la Corte dei conti europea (ECA), l’impatto dipende anche da come questi fondi vengono gestiti. 🔹 L’ECA ha rilevato un tasso di errore del 5,7%, dovuto soprattutto a costi non ammissibili e irregolarità negli appalti. 🔹 La Commissione stima un rischio al pagamento del 2,9%, ma secondo gli auditor il rischio reale è più alto. 🔹 Persistono debolezze nei sistemi di controllo nazionali e verifiche limitate post-pagamento. 🔹 Quasi la metà della spesa è legata a programmi con errori superiori alla soglia del 2%. 💬 La politica di coesione resta il motore della solidarietà europea: per mantenerlo affidabile servono trasparenza, controllo ed efficienza nella spesa pubblica. Una gestione efficiente e trasparente dei fondi rafforza sia l’impatto regionale sia la fiducia dei cittadini nei programmi dell’UE. #EUbudget #CohesionPolicy #ECA #EUFunds #Governance #PublicFinance #Resilience #RegionalDevelopment #Accountability #BilancioUE #PoliticaDiCoesione #CorteDeiContiEuropea #FondiEuropei #Governance #FinanzaPubblica #Resilienza #SviluppoRegionale #Trasparenza #Accountability #NextGenerationEU
📢 This morning, ECA President Tony Murphy (FCCA), together with ECA Member Jan Gregor, presented the European Court of Auditors Annual Report on the EU finances for 2024 to the European Parliament's Committee on Budgetary Control. 🔗 Link to the report: https://lnkd.in/eJDnrjR3
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Reasons of American government Shutdown: A government shutdown in the United States occurs when Congress fails to pass legislation funding government operations, leading to a "funding gap" or "lapse in appropriations." The main objective of a government shutdown is not explicitly stated, but it's often a result of disagreements over budget allocations, policy issues, or spending priorities between the legislative and executive branches. *Causes of Government Shutdowns:* - Disagreements over budget allocations and spending priorities - Policy issues, such as border security, healthcare, or immigration - Partisan politics and stalemates in Congress *Effects of Government Shutdowns:* - Non-essential government services and operations are suspended - Hundreds of thousands of federal employees are furloughed or work without pay. - Essential services, like national security, law enforcement, and healthcare, continue to operate - Economic disruptions, including potential impacts on GDP and small businesses - Delays in various government services, such as passport processing and national park maintenance *Examples of Government Shutdowns:* - *2018-2019 Shutdown*: Lasted 35 days, caused by a dispute over border wall funding - *2013 Shutdown*: Lasted 16 days, caused by a disagreement over the Affordable Care Act - *1995-1996 Shutdown*: Lasted 21 days, caused by a dispute over government spending¹ ² #American #government #Shutdown #disagreements #budget #allocation #spending #policyissues #partisan #politics #economic #disruption
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