News Snapshot:
Taoiseach Leo Varadkar speaking to the media following the official opening of a new wing at the Mater Hospital in Dublin on Thursday. Photograph: Brian Lawless/PA Wire Income taxes will be cut and the welfare spending package will be boosted this autumn, Taoiseach Leo Varadkar has promised. Figures released this week showed that a surplus of some €10 billion is expected this year, rising to €16 billion next year. By 2026, if no policy changes are made, the surplus will be €20 billion. Mr Varadkar was speaking at a Bloomberg New Economy Gateway Europe event, where he also defended Ireland’s...
