Finance Minister Paschal Donohoe has confirmed that a no-deal Brexit will result in the country’s budget surplus being replaced by a “temporary deficit”.

MAJOR capital projects planned by local authorities may not go ahead this year owing to new government restrictions on their ability to borrow money.

FINANCE Minister Brian Cowen will have huge scope to frame generous packages for childcare and elderly people in the Budget next Wednesday, following another buoyant year for the economy.

FINANCE Minister Brian Cowen is in a very strong position to frame a generous giveaway budget next Wednesday, following the release of remarkable Exchequer returns this morning.

THE long-awaited redevelopment of the Cork School of Music will not go ahead unless European finance rules are changed, Education Minister Noel Dempsey insisted yesterday.