Just half the number of new houses needed in the Republic this year will be built as Covid-19 takes its toll on construction, an industry event heard on Thursday. Barry O’Halloran reports on this, while Mark Paul takes on the continuing housing crisis in his weekly Caveat column. Mark argues that perhaps counterintuitively, the Covid-19 pandemic provides us with the shock we need to make something positive happen. Meanwhile, the scale of the economic shock caused by Covid will lead to as much as ¤11.7 billion of revenue shortfalls across SMEs, according to a new Central Bank report. As Budget 2021 moves ever nearer, Eoin Burke-Kennedy looks head to what the Minister for Finance Paschal Donohoe might have up his sleeve.

Source: The Irish Times October 02, 2020 05:26 UTC