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Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: -----you know, global economic, sort of, forecasting.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: No, I didn't. I mean, I suppose what we diagnosed was that what needed to be done was to rebuild our export base, to, you know, look afresh at the way spending was being undertaken. It wasn't a question of spending cuts as a lot of people talk. I mean, the economy was growing in those years. It could afford economic ... a growth in public spending programmes. The problem was that...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: -----delivering-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: No, I mean, we would have accepted Finance publications as ... as what represented their view. We didn't, you know, believe that there was some alternative view in the Department of Finance that wasn't in their published reports. So-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: -----you know, we didn't go looking for officials to second-guess their public reports. I mean, I suspect if we had, we would have been told that, you know, "Our advice is for the Minister, it's not for the Opposition and this is the published material that provides, you know, our considered view of where the economy is going."

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: So, you know, I don't think such ... you know, such briefings weren't being made available. Effectively, counter briefings to what Government was saying was its view of the world wasn't available.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Richard Bruton: Well, I think, you know, going right back to 2002, you know, we were very critical of the regulatory system that was being put in place, we did not think it was fit for purpose ... and that was, sadly, proven right over the subsequent years. So we were right to call at that time for a detailed review and when it came back through the subsequent years, when enforcement powers came back for...

Written Answers — Department of Jobs, Enterprise and Innovation: Consumer Protection (22 Sep 2015)

Richard Bruton: It is not clear from the Deputy’s question whether her concern is with ticket booking fees generally or only with the fees that apply to bookings made with a credit card. While the information that traders must provide about booking fees is subject to consumer protection legislation, the fees themselves are not regulated. Though I am aware of consumer dissatisfaction with these fees,...

Written Answers — Department of Jobs, Enterprise and Innovation: Ministerial Meetings (22 Sep 2015)

Richard Bruton: I, along with officials from my Department, met with the National Executive Committee of the ESB Retired Staff Association on July 27th last. At the meeting the Executive outlined their grievances in relation to collective representation access rights for retired persons on pension matters. I fully appreciate their concerns and those of retired and deferred members of pension schemes...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Portfolio (22 Sep 2015)

Richard Bruton: IDA Ireland markets Laois as part of its Midlands Region, which comprises 4 counties - Westmeath, Longford, Laois and Offaly. There are 35 multinational companies based in the Midlands, employing 4,032 across the Region. The agency is actively pursuing investment opportunities in its main markets (US and Europe) as well as positioning the region for newer opportunities in growth markets...

Written Answers — Department of Jobs, Enterprise and Innovation: State Aid (22 Sep 2015)

Richard Bruton: From the information supplied it is apparent that this foreign company is in the business of providing specific consultancy services to companies and that it is proposing to expand into the Irish market with a range of advisory services, particularly in the area of digital transformation, for enterprises which are based here. There are quite narrow grounds under which companies can...

Written Answers — Department of Jobs, Enterprise and Innovation: Construction Contracts Act 2013 (22 Sep 2015)

Richard Bruton: I propose to take Questions Nos. 450 and 451 together. The Government is committed to the earliest possible implementation of the Construction Contracts Act, 2013 and, as a consequence, approved the delegation of responsibility for its implementation to my colleague, the Minister of State for Business and Employment, Mr. Gerald Nash T.D. Minister Nash is taking all the necessary...

Written Answers — Department of Jobs, Enterprise and Innovation: Commencement of Legislation (22 Sep 2015)

Richard Bruton: I propose to take Questions Nos. 452 to 454, inclusive, together. The Government is committed to the earliest possible implementation of the Construction Contracts Act, 2013 and in order to achieve this, approved the delegation of responsibility for its implementation to my colleague Mr. Gerald Nash T.D., the Minister of State for Business and Employment, late last year. Minister...

Written Answers — Department of Jobs, Enterprise and Innovation: Employment Appeals Tribunal (22 Sep 2015)

Richard Bruton: The Employment Appeals Tribunal is committed to issuing 60% of determinations within 8 weeks of hearing and 90% of determinations to issue within 6 months of hearing. The most recent statistics in relation to the timeframe for issuing determinations indicate that 67% of determinations issue within 8 weeks of a hearing date and 98% of determinations issue within 6 months of hearing date. The...

Written Answers — Department of Jobs, Enterprise and Innovation: Local Enterprise Offices (22 Sep 2015)

Richard Bruton: Kerry Local Enterprise Office (LEO) (former Kerry CEB) did not provide any capital grants to the company. However, staff at the company have availed of mentoring support from Kerry CEB/LEO and attended digital marketing training and a business growth programme. In 2009, under a scheme providing e-business and marketing supports, the firm availed of €1,659 in supports. Apart from...

Written Answers — Department of Jobs, Enterprise and Innovation: Proposed Legislation (22 Sep 2015)

Richard Bruton: The operation of the Companies Act 2014 is under continuous review, particularly through the work of the Company Law Review Group (CLRG). The current work programme of the CLRG specifically includes topics on receivership, examinership and winding up. With regard to the situation referred to by the Deputy, the liquidation of OCS Operations Limited is currently in the hands of liquidators...

Written Answers — Department of Jobs, Enterprise and Innovation: Commencement of Legislation (22 Sep 2015)

Richard Bruton: The Government is committed to the earliest possible implementation of the Construction Contracts Act, 2013 and in order to achieve this, approved the delegation of responsibility for its implementation to my colleague Mr. Gerald Nash T.D., the Minister of State for Business and Employment, late last year. Minister Nash is taking all the necessary actions to bring about implementation of...

Written Answers — Department of Jobs, Enterprise and Innovation: Redundancy Payments (22 Sep 2015)

Richard Bruton: The rights of the employees are set out in Section 12 of the Minimum Notice and Terms of Employment Act 1973 which states “The amount of any compensation awarded by the Tribunal ... shall be recoverable by the employee as a simple contract debt in a court of competent jurisdiction.” “Proceedings for the recovery of any sum due by way of compensation awarded by the...

Written Answers — Department of Jobs, Enterprise and Innovation: Company Closures (22 Sep 2015)

Richard Bruton: The current position concerning the plant in question is that prior to the closure, Enterprise Ireland visited the facility on 18 August and a full tour of the facility was conducted. The Agency was also in contact with the Receiver on 19 August concerning facilitating the sale of the business. In addition, Enterprise Ireland contacted its client companies in the bakery business in an...

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Ireland (22 Sep 2015)

Richard Bruton: I propose to take Questions Nos. 461 and 462 together. Enterprise Ireland has no plan to open an office in Glasgow. Enterprise Ireland previously had an office presence in Glasgow and closed it in 2012 consolidating its office presence in the UK to a single office in London. The London office manages Enterprise Ireland’s activities throughout the UK, supporting Enterprise Ireland...

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