Central Bank governor Gabriel Makhlouf delivered his starkest warning yet on the potential downside for the Irish economy from any tariff and tax policy changes that might deter US companies from locating in the State. Peter Flanagan follows his speech to the Dublin Chamber of Commerce on a day Microsoft president Brad Smith reassured a European audience that it would not be ordered out of the EU by anyone.

Glanbia executives faced shareholders yesterday in a bruising and chastening encounter at a time when the group’s share price has tumbled and investors are raising doubts over its current strategy. Eoin Burke-Kennedy was there.

The vast majority of taxpayers are compliant, Revenue said as it released its 2024 annual report but it did note that it is now chasing 7,000 businesses that took advantage of debt warehousing of more than €100 million in tax obligations during the Covid pandemic and refused to engage subsequently with Revenue over how they might start repaying the money owed. Mark Hilliard has the report.