IRELAND’S tax rate is not under threat, according to the Finance Minister Brian Lenihan, Enterprise, Trade and Innovation Minister Batt O’Keeffe and the Chartered Accounts of Ireland.

FURTHER cuts in Government spending and improved regulation are still needed before Ireland can truly be deemed to be recovering in terms of international competitiveness.

DECLINING education standards and a high cost base continue to undermine Ireland’s attractiveness to foreign investors, the American Chamber of Commerce in Ireland has warned.

The largest foreign investors in Ireland, in the high-tech, pharmaceutical and chemicals sectors, today set out why they believe Ireland remains a uniquely attractive location in which to do business.

COMPUTER giant Hewlett Packard (HP) is to spend €21 million on a research and development facility at its plant in Leixlip, Co Kildare.