Gavin Mendel-Gleason The Workers’ Party have today (Thursday) called on Minister for Finance Paschal Donohue to veto proposed bonuses for AIB senior executives. The call comes in response to a proposal contained in AIB’s annual financial report, to effectively double the salaries of a number of senior AIB executives, by issuing them with a [...]
Cllr. Ted Tynan The Workers’ Party have said described today’s budget as a charter for standing still which gives a miserly increase for social welfare while offering no realistic hope for those on housing lists. Workers’ Party Cork Councillor Ted Tynan said that Minister Donohoe’s establishment of a so-called rainy day fund was [...]
Workers’ Party’s representative Gavin Mendel-Gleason has welcomed the finding of the Citizens’ Assembly that a mandatory pension scheme should be introduced. Responding to the developments, Gavin Mendel-Gleason said: A mandatory pension contribution scheme would ensure not only that all workers would be cared for in old age, but would provide the state with much needed [...]
The Workers' Party have condemned the 30-year "corporation tax holiday" the government is granting AIB in order to attract private investors in the state bank. Workers' Party representative Gavin Mendel-Gleason said: Its extraordinary that, for the period AIB has been in state hands, loopholes allowing the bank to avoid corporation tax have been closed off. [...]
The Workers’ Party has condemned AIB’s plans to escalate the sale of its bad loan books, in order to entice investors to buy shares in the state-owned bank. Workers’ Party representative for Dublin Northwest, Gavin Mendel-Gleason, was responding to comments made yesterday (Wednesday) by AIB Chief Executive Bernard Byrne that AIB intended to clear its [...]
Workers’ Party Dublin North West representative Gavin Mendel-Gleason has described as deeply worrying the fact that the government is receiving advice from investments banks such as Merrill Lynch and Deutsche Bank on the possible sale of AIB Mendel-Gleason said: "It is shocking to think that Merrill Lynch could have any involvement in providing advice to [...]
The profits now being made off assets previously controlled by NAMA show the madness of the government’s “Sell-Off Strategy,” according to the Workers’ Party. Comments released by Cllr. Éilis Ryan (Workers’ Party, North Inner City) were sparked by news that Hibernia REIT, whose asset portfolio contains a large number of former NAMA-controlled properties, expected to [...]
Taoiseach Enda Kenny’s revelation that the government intends to use revenue from the sale of 25% of the state’s stake in AIB for debt reduction has been met with calls to keep the bank in state ownership. Currently, 99% of AIB is owned by the state. Reacting to the Taoiseach’s statement in the Dáil yesterday [...]
Cllr. Ted Tynan The Workers’ Party have described today’s budget as being as bad any presented by Michael Noonan at the height of the economic crisis. Workers’ Party councillor Ted Tynan said that the budget was shocking in the extent of its focus on handouts and tax loopholes for those with wealth while [...]
WP says tax windfall must be used for 'public compensation fund' to build public housing Apple revenue could build 72,000 houses in Ireland The Workers’ Party has today (30th August) issued a call for the government not to appeal the European Commission's Apple tax decision, but to establish a ‘Public Compensation Fund’ with money recouped [...]
