Business Today: Central Bank's fresh housing warning, BT Ireland on the block and where it all went wrong for Press Up

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The housing crisis rumbles on, and it seems every year the number of new homes required only increases. The Central Bank is the latest institution to warn that requirement will now beper year until 2050. It’s a sign that despite increases in development overall, the shortage is nowhere near being resolved.

Government measures to improve staff working conditions, as well as its 13.5 per cent VAT rate for the hospitality sector, have led to a “” in the food services sector, which will have substantial knock-on effects for tourism, a new report has warned. Colin Gleeson reports.is a method of cutting jobs through natural attrition.

 

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