Corporation tax surge resets expectations for upcoming budget
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Budget negotiations are continuing, with ministers expressing concerns about public dissatisfaction over potential spending cuts. However, the government's financial outlook has significantly improved due to a substantial surge in corporation tax receipts in September, which is now influencing expectations for the upcoming Budget 2027.
Separately, a minister has accused trade unions of being unwilling to negotiate as teachers prepare for an all-out strike. Meanwhile, church leaders have called for restraint to prevent the ongoing Drumcree crisis from undermining the peace process.
In other domestic news, an elderly landlord was fined nearly €20,000 for illegally evicting a tenant to use the property for short-term lets. There has also been an increase in foreign-born recruits joining the Defence Forces.