ESRI warns on tax cuts, broadband blues linger and Freshly Chopped expands

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Freshly Chopped on Grafton Street. Photograph: Aidan Crawley

As we move inexorably closer to Budget 2018, the Economic and Social Research Institute (ESRI) has warned the Government against introducing tax cuts, as this might risk overheating the economy. Eoin Burke-Kennedy reports.

During his trip to Washington, Minster for Foreign Affairs Simon Coveney emphasised the importance of the Bombardier aviation company to the Northern Ireland economy and - indirectly - the peace process when he met US trade secretary Wilbur Ross. Harry McGee spoke to the Minister.

After the European Commission's decision to refer Ireland to the European Court of Justice (ECJ) for failing to recover up to €13 billion from Apple, Joe Brennan reports on the difference of opinion between Dublin and Brussels, while Cantillon ponders the Commission's motives.

Relations between Aer Lingus and Dublin Airport have "soured immensely", according to the airline's chief operating officer, Mike Rutter. Barry O'Halloran reports.

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Plastic fantastic: Plastics group One51 will have a market value of about €500 million on the basis of a deal it plans to do with two Canadian firms, reports Joe Brennan.

Dublin-headquartered healthy food retailer Freshly Chopped has signed a six-figure franchise deal to open new stores in Cyprus as part of its overseas expansion, Charlie Taylor reports.

Finally, Dick Ahlstrom writes that the all-talk, little-action approach to introducing rural high-speed broadband is like waiting for electrification in the 1950s all over again.

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Laura Slattery

Laura Slattery

Laura Slattery is an Irish Times journalist writing about media, advertising and other business topics