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Posts Tagged ‘recession’

BANKRUPTCY

It is indeed an ill wind that blows nobody any good. A proposed reform of the bankruptcy laws to bring them into line with Britain could mean good business if an expected 4,000 people a year declare themselves personally insolvent in Ireland, according to The Sunday Business Post.

GOVERNMENT SPENDING CUTS

Thanks to Alan Shatter, the justice minister, we also know that the Government plans to take some money from its own pockets as well. In a heated government exchange last week the minister unexpectedly revealed he’s planning to shave 15.7%, or €340m, from his department’s budget over the next three years, according to the front page story in the Sunday Times.

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