{"id":251235,"date":"2025-07-09T16:46:18","date_gmt":"2025-07-09T16:46:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/251235\/"},"modified":"2025-07-09T16:46:18","modified_gmt":"2025-07-09T16:46:18","slug":"cie-pensions-warning-and-paying-for-island-living-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/251235\/","title":{"rendered":"CIE pensions warning and paying for island living \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph\">The State-owned CI\u00c9 transport group could <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/09\/cie-could-collapse-amid-potential-4bn-pension-liabilities-if-asset-values-fall-unions-tell-workers\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/09\/cie-could-collapse-amid-potential-4bn-pension-liabilities-if-asset-values-fall-unions-tell-workers\/\"><b>collapse<\/b><\/a><b> <\/b>under the weight of its pension liabilities if asset values fell in any future economic downturn, trade unions have warned members in the companies. Martin Wall reports. <\/p>\n<p class=\"c-paragraph paywall\">As Denis O\u2019Brien and Leslie Buckly go on the offensive against Corporate Enforcement Authority boss Ian Drennan following the <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/09\/leslie-buckley-and-denis-obrien-try-to-rewrite-history-over-inm-data-breach-saga\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/09\/leslie-buckley-and-denis-obrien-try-to-rewrite-history-over-inm-data-breach-saga\/\"><b>decision<\/b><\/a><b> <\/b>not to take further action into a case involving the former Independent News &amp; Media, John McManus writes on why they are trying to rewrite the history of the data breach row. <\/p>\n<p class=\"c-paragraph paywall\">Island living can sound idyllic, but there are plenty of things to understand if you are thinking about <a href=\"https:\/\/www.irishtimes.com\/your-money\/2025\/07\/09\/a-better-way-of-life-what-you-need-to-know-about-moving-to-an-island\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/your-money\/2025\/07\/09\/a-better-way-of-life-what-you-need-to-know-about-moving-to-an-island\/\"><b>relocating<\/b><\/a><b> <\/b>from the mainland. Joanne Hunt shows you how in this week\u2019s Money Matters. <\/p>\n<p class=\"c-paragraph paywall\">Ireland\u2019s competitiveness is on a <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irelands-competitiveness-on-downward-trend-just-as-major-challenges-move-into-focus-report\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irelands-competitiveness-on-downward-trend-just-as-major-challenges-move-into-focus-report\/\"><b>downward <\/b><\/a>trend, and there remains a \u201ccritical need\u201d to address key infrastructure deficits, at a time when the country\u2019s economic outlook \u201cfirmly tilted to the downside\u201d, according the findings of a major report. Colin Gleeson has the story. <\/p>\n<p class=\"c-paragraph paywall\">Ireland\u2019s economy grew at a <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irish-economy-grows-at-robust-rate-of-5-despite-turmoil\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irish-economy-grows-at-robust-rate-of-5-despite-turmoil\/\"><b>robust rate<\/b><\/a> of nearly 5 per cent last year as consumers spent more on goods and services and exports from the multinational-dominated IT sector accelerated. Eoin Burke-Kennedy reports. <\/p>\n<p class=\"c-paragraph paywall\">Ireland\u2019s stock of physical infrastructure &#8211; from transport and and energy to housing and water &#8211;<b> <\/b><a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irelands-infrastructure-is-32-behind-competitor-countries-imf-finds\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/irelands-infrastructure-is-32-behind-competitor-countries-imf-finds\/\"><b>lags that of its international peers<\/b><\/a> by approximately 32 per cent, a new report from the International Monetary Fund has indicated. The Washington-based financial institution published a research paper on Tuesday, assessing Ireland\u2019s \u201cpublic spending efficiency\u201d, benchmarking it against comparator countries in infrastructure, health and education. Eoin has the details. <\/p>\n<p class=\"c-paragraph paywall\">The developer of a major apartment scheme in Dublin has dropped \u201ccontroversial\u201d elements of the design have been dropped in a new planning application after a first attempt was refused. As Jack Horgan-Jones and Gordon Deegan report, the revised planning application for just over<a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/hines-submits-new-plan-for-1100-apartments-at-former-clonliffe-college\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/hines-submits-new-plan-for-1100-apartments-at-former-clonliffe-college\/\"> <b>1,100 apartments<\/b><\/a> at the former seminary site at Clonliffe College, Drumcondra, was submitted by developers Hines this week.<\/p>\n<p class=\"c-paragraph paywall\">The UK competition authority has started to <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/uk-watchdog-starts-scrutiny-of-greencores-12bn-bakkavor-deal\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/uk-watchdog-starts-scrutiny-of-greencores-12bn-bakkavor-deal\/\"><b>scrutinise <\/b><\/a>Greencore\u2019s planned \u00a31.2 billion (\u20ac1.39 billion) purchase of London-based peer Bakkavor. Joe has the story. <\/p>\n<p class=\"c-paragraph paywall\">Specialist property lenders reduce lending to small and medium-sized businesses much more sharply than <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/non-bank-property-lenders-cut-small-business-loans-most-sharply-during-market-shocks-central-bank\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/non-bank-property-lenders-cut-small-business-loans-most-sharply-during-market-shocks-central-bank\/\"><b>mainstream <\/b><\/a>banks and general non-bank finance providers during periods of market shock, according to a new Central Bank study. Joe Brennan has the details.<\/p>\n<p class=\"c-paragraph paywall\">Negotiations between the European Union and the United States look like they have a number of more weeks to go before a <a href=\"\" rel=\"\" title=\"\"><b>tariff deal<\/b><\/a> is agreed, Minister for Finance Paschal Donohoe has said. Jack Power reports. <\/p>\n<p class=\"c-paragraph paywall\">As Donald Trump threatens a new wave of <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/qa-what-does-the-latest-trump-tariff-move-mean-for-ireland\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/07\/08\/qa-what-does-the-latest-trump-tariff-move-mean-for-ireland\/\"><b>tariffs <\/b><\/a>next month, Cliff Taylor looks at the issues at play, and the threat to Ireland. <\/p>\n<p class=\"c-paragraph paywall\">In Commercial Property, Ronald Quinlan reports on a former <a href=\"https:\/\/www.irishtimes.com\/property\/commercial-property\/2025\/07\/09\/kimmage-ex-cinema-with-residential-development-potential-seeks-3m\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/property\/commercial-property\/2025\/07\/09\/kimmage-ex-cinema-with-residential-development-potential-seeks-3m\/\"><b>cinema<\/b><\/a><b> <\/b>in Kimmage on the market for \u20ac3 million, while Kennedy Wilson has secured a new tenant for its Chase building in <a href=\"https:\/\/www.irishtimes.com\/property\/commercial-property\/2025\/07\/09\/kennedy-wilson-secures-new-tenant-for-sandyford-office-block\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.irishtimes.com\/property\/commercial-property\/2025\/07\/09\/kennedy-wilson-secures-new-tenant-for-sandyford-office-block\/\"><b>Sandyford<\/b><\/a>. <\/p>\n<p class=\"c-paragraph paywall\">If you\u2019d like to read more about the issues that affect your finances try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" target=\"_blank\" rel=\"noopener\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"The State-owned CI\u00c9 transport group could collapse under the weight of its pension liabilities if asset values fell&hellip;\n","protected":false},"author":2,"featured_media":251236,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[51,96952,474,2499,16,15],"class_list":{"0":"post-251235","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-business-today","10":"tag-finance","11":"tag-personal-finance","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114824294166527747","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/251235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=251235"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/251235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/251236"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=251235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=251235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=251235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}