Finance

RAINY DAY FUND SHOULD BE DEPLOYED IN A NO DEAL BREXIT

12 September 2019

With the Budget due to be delivered on the basis of a No Deal Brexit, Labour Finance spokesperson Joan Burton TD has said there should be a commitment to using the money available in the Rainy Day Fund to support industries and jobs impacted by a crash out exit by the UK. Deputy Burton said: … Continue reading Rainy Day Fund Should Be Deployed In A No Deal Brexit

BACKING LAGARDE CALL FOR MORE EU ECONOMIC STIMULUS

5 September 2019

Labour Finance spokesperson Joan Burton TD, has welcomed calls for EU governments to engage in more economic stimulus. The comments were made by Christine Lagarde at the European Parliament Committee on Economic and Monetary Affairs. Deputy Burton said: “I welcome Christine Lagarde’s argument for the European Central Bank to be agile and to react to … Continue reading Backing Lagarde Call For More EU Economic Stimulus

WHO WILL TAKE RESPONSIBILITY FOR TRACKER MORTGAGE SCANDAL?

17 July 2019

Labour Finance spokesperson Joan Burton responding to the final examination report from the Central Bank on the tracker mortgage scandal said we still don’t know who will be held responsible for the decisions that caused this, and called for an independent investigation now to tell us how it happened. Deputy Burton said: “The examination action … Continue reading Who Will Take Responsibility for Tracker Mortgage Scandal?

HEALTH SPENDING REMAINS ON TARGET DESPITE GOVERNMENT FEARMONGERING

3 July 2019

Labour Finance spokesperson Joan Burton TD has questioned the recent Government fearmongering about health spending when the June Exchequer returns show the Department of Health coming in €45m below target. She again called for a Standing Commission on Taxation following the revelations that the Goodman Group paid almost no tax on €170m in profits, and … Continue reading Health Spending Remains on Target Despite Government Fearmongering

INCOMING CENTRAL BANK GOVERNOR

27 June 2019

Minister must respond to findings on incoming Central Bank Governor Labour Finance Spokesperson Joan Burton TD has called for the Minster for Finance to make a statement to the Dáil regarding the findings in New Zealand against the incoming Central bank Governor, Mr Gabriel Makhlouf, and reassure members of the Oireachtas that the position of … Continue reading Incoming Central Bank Governor

REVENUE OWED €40M IN BACK TAXES

21 June 2019

Parliamentary Questions To ask the Minister for Finance if he will provide statistical information (details supplied) in respect of each of the quarterly lists of defaulters issued by the Revenue Commissioners for list A in each of the years 2015 to 2018 and to date in 2019, in tabular form. To ask the Minister for … Continue reading Revenue Owed €40m in Back Taxes

MAKHLOUF APPOINTMENT SHOULD BE SUSPENDED

5 June 2019

Following the announcement of an investigation into the actions of Gabriel Makhlouf while serving as Treasury Secretary in New Zealand, Labour Finance Spokesperson Joan Burton TD has called for the appointment of Mr Makhlouf to the position of Governor of the Central Bank to be suspended pending the results of that investigation. Deputy Burton said: … Continue reading Makhlouf Appointment Should Be Suspended

GOVERNMENT MUST HOLD FIRM ON BANKERS PAY CAP

30 April 2019

Reacting angrily to AIB’s call for banker’ pay to be raised to above a million euro, Joan Burton said that people must not ever forget the price we paid for the foolish decisions and bad management of our private banks. The Labour Party Finance Spokesperson called on the Government, as majority shareholder on behalf of … Continue reading Government Must Hold Firm on Bankers Pay Cap

LOBBYING FOR BANK BONUSES MUST BE RESISTED

22 March 2019

Labour Finance spokesperson Joan Burton has called on the Minister for Finance to stand firm against growing pressure from banking lobbyists and investors to lift the bonus and wage caps in State owned banks. Deputy Burton also called for clarification on any proposed future share of sales in AIB. Deputy Burton said: “A report from Bloomberg … Continue reading Lobbying for Bank Bonuses Must Be Resisted