Results 22,041-22,060 of 32,583 for speaker:Richard Bruton

Ceisteanna - Questions - Priority Questions: Small and Medium Enterprises Supports (10 Oct 2013)

Richard Bruton: Liaising with banks in respect of their lending to small to medium-sized enterprises, SMEs, has been a continuous process involving myself, colleague Ministers and officials. Most recently I met the CEO of one of the pillar banks in June. The Cabinet committee on mortgage arrears and credit availability meets monthly and reviews access to finance for SMEs, including bank lending to SMEs....

Ceisteanna - Questions - Priority Questions: Employment Data (10 Oct 2013)

Richard Bruton: Both the Department of Finance and the ESRI have this week produced improved employment forecasts for 2013 and 2014. These improved forecasts are supported by the latest employment statistics published by the Central Statistics Office, which show that employment increased by 33,800 in the year to quarter two of 2013 net of a reduction of 5,400 in public sector numbers. This was the third...

Ceisteanna - Questions - Priority Questions: Employment Data (10 Oct 2013)

Richard Bruton: Deputy Ross asked for forecasts which we do not provide. I indicated in my reply that we investigated the potential of sectors such as manufacturing, where we have identified potential for creating 20,000 jobs, and we are putting polices in place to realise that potential. In the financial sector, we have developed a five year plan to create up to 10,000 jobs in international financial...

Ceisteanna - Questions - Priority Questions: Employment Data (10 Oct 2013)

Richard Bruton: We should consider what happened in the past 12 months. Agriculture, forestry and fishing generated 16,000 jobs, industry generated 7,000 jobs, wholesale and retail generated 3,000 jobs, accommodation and food services generated 10,000 jobs and professional, scientific and technical sectors generated 5,000 jobs. Growth in these sectors is adding significant numbers of jobs. The expert...

Ceisteanna - Questions - Priority Questions: Employment Support Services (10 Oct 2013)

Richard Bruton: The number of Irish emigrants who have returned to Ireland in the past two years is estimated at 36,000. The CSO does not track their subsequent entry to employment. At a macro level, the Government's strategy is to rebuild the economy and accelerate the transition to a sustainable, jobs-rich economy based on enterprise, innovation and exports. It is in this way that we will create the...

Ceisteanna - Questions - Priority Questions: Employment Support Services (10 Oct 2013)

Richard Bruton: I did not in any way indicate that the level of emigration was satisfactory. Virtually all of the 39,000 jobs created in the past 12 months are full-time. The figures quoted by the Deputy were earlier in the recovery period. What we are seeing is that, initially, there was a concentration on part-time work but as job expansion has gained a foothold, we are seeing a predominance of...

Ceisteanna - Questions - Priority Questions: Employment Support Services (10 Oct 2013)

Richard Bruton: Setting targets for return is tricky. Undoubtedly, we will see a return when we have a strong economy. The Deputy indicated that there is an ebb and flow every year of people who leave Ireland and come back. Even during the boom, 13,000 people were leaving Ireland. Even now a significant number of Irish people are coming back. The tide ebbs and flows. I acknowledge that an issue arises...

Topical Issue Debate: Job Losses (10 Oct 2013)

Richard Bruton: I fully recognise, and this came out in the south-east action forum we established, that there are serious structural problems in Waterford and the south east that go beyond, if one likes, enterprise agency activity. Continuous investment is needed in those areas. There also needs to be collaboration across many interests, which is a positive feature arising from the forum's work. In...

Topical Issue Debate: Job Losses (10 Oct 2013)

Richard Bruton: I thank Deputy Coffey for raising this important issue. I would like to express my sympathy to those workers who are affected by Honeywell's decision. Obviously, I share the Deputy's concern about the loss of jobs at Honeywell. As the Deputy knows, this turbo-technology company notified IDA Ireland on 8 October that due to forecasted reductions in demand for its products, it intends to...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation (10 Oct 2013)

Richard Bruton: The Terms of Reference of the Advisory Group on Tax and Social Welfare provide for the group to “examine and report on issues involved in providing social insurance cover for self-employed persons in order to establish whether or not such cover is technically feasible and financially sustainable”. The Group did not undertake an analysis of the wider social costs and benefits...

Written Answers — Department of Jobs, Enterprise and Innovation: Joint Labour Committees Agreements (10 Oct 2013)

Richard Bruton: On the 1st of October last, I published the Report of the Labour Court's Review of the Joint Labour Committee (JLC) system. The Industrial Relations (Amendment) Act 2012 provides that reviews of each JLC be carried out by the Labour Court, as soon as practicable after the commencement of the Act, and at least once every 5 years thereafter. The review assisted the Labour Court's...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Job Numbers (10 Oct 2013)

Richard Bruton: When approving financial assistance for a company, IDA Ireland enters into a legal and binding contract with the company involved. The contract, which is confidential between IDA Ireland and the company, includes conditions and milestones with which the company is required to comply before any financial assistance is paid. All IDA clients enter into formal Grant Agreements in full knowledge...

Written Answers — Department of Jobs, Enterprise and Innovation: Economic Growth Initiatives (10 Oct 2013)

Richard Bruton: The report of the Oireachtas Joint Committee on Jobs, Enterprise and Innovation on the South East Economic Development Strategy (SEEDS), launched on the 16th September, is a helpful contribution to identifying possible interventions to assist the South East region economically. It represents a comprehensive detailed assessment of a wide range of factors that can contribute to the overall...

Written Answers — Department of Jobs, Enterprise and Innovation: Credit Guarantee Scheme Operations (10 Oct 2013)

Richard Bruton: The Credit Guarantee Scheme (CGS) began operations on 24th October 2012. By its nature the Scheme is demand driven. As at 4th October there were 69 live CGS facilities resulting in €9.7m being sanctioned through the Scheme by the participating lenders resulting in 433 new jobs being created and 139 jobs maintained. There are 3 banks participating: Bank of Ireland, AIB and Ulster Bank....

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Support Schemes (10 Oct 2013)

Richard Bruton: The focus of our Action Plan for Jobs is to promote job growth in the enterprise sectors. This is the most effective way to deal with the emigration and in particular the emigration of those with high skills. As the Deputy knows, data from the CSO has confirmed that the Enterprise sector has created 39,000 additional jobs in the past twelve months. The break down by nationality estimates that...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Creation Data (10 Oct 2013)

Richard Bruton: Driving export growth is central to our economic recovery and is a key focus of the Government's Action Plan for Jobs. Enterprise Agency supported companies account for more than 80% of Ireland's total exports. CSO figures show that our strong export performance is continuing. Total exports in 2012 by companies based in Ireland amounted to €182.155bn - an increase of 5.48% over the...

Written Answers — Department of Jobs, Enterprise and Innovation: Underemployment Data (10 Oct 2013)

Richard Bruton: The Quarterly National Household Survey (QNHS) provides estimates of the number of people who are working on a part-time basis involuntarily, which is also known as part-time underemployment. Under the Eurostat definition applied in the Quarterly National Household Survey an underemployed part-time worker is a person aged 15-74 working part-time who would like to work additional hours and...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Initiatives (10 Oct 2013)

Richard Bruton: The Government’s Jobs Initiative of May 2011 was aimed at restoring confidence in the economy, providing opportunities for re-skilling those who had lost their jobs, and assisting people in getting back to work. Key measures in the Jobs Initiative included halving the rate of Employer’s PRSI on earnings up to €356 per week, a reduction in the lower rate of VAT on...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Job Numbers (10 Oct 2013)

Richard Bruton: The Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the enterprise development agencies and figures for the number of jobs created in IDA Ireland client companies in 2013 will not be available until the end of the year. There is usually a time lag of between three to five years between an announcement of an investment and the jobs coming...

Written Answers — Department of Jobs, Enterprise and Innovation: Non-Resident Companies (10 Oct 2013)

Richard Bruton: I propose to take Questions Nos. 19 and 32 together. I understand from my colleague the Minister for Finance that he has been advised by the Revenue Commissioners that the number of companies that are incorporated here but non-resident for tax purposes is not available as they are not separately compiled.