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Previous Day
The Minister for Finance, Mr McCreevy, during his budget press conference in Dublin last night.
Photograph: Cyril Byrne
What was given. . . and what was taken away
Summary of Budget 2003 highs and lows; from increases in social welfare and public sector pay to increases in excise and stamp duty.McCreevy's 'stealth taxes' hit middle and top earners
The tax burden on middle- and high-income earners will increase significantly next year following the Government's decision not to raise tax credits in line with inflation.Day the feelgood factor disappeared
The feelgood factor is gone from Budget day. Most people will feel a little less well off next year as a result of this Budget. The Minister engaged in a widespread application of "stealth taxation" to hold down borrowing and pay for extra spending.
In Focus
Head2Head
Do we need more detailed food labelling?
Business poll
Will Hibernian pay a price for offshoring some of its customer service operations?
Education
Full education coverage
World
New, horrifying abuse allegations in Boston files
THE US: The Roman Catholic Archdiocese of Boston has been dealt a new and devastating blow by revelations showing how out-of-control priests were dealt with in secret despite horrifying allegations on their diocesan files. pPowell meets Colombian President
COLOMBIA: The US Secretary of State, Mr Colin Powell, met Colombia's newly elected President Mr Alvaro Uribe yesterday to show support for his security crackdown in the troubled Latin-American country. p
Ireland
Disabled child to get #3.75m in damages
The High Court yesterday approved a settlement of €3.75 million in damages, plus legal costs, for a permanently mentally and physically disabled three-year-old child, arising from the circumstances of his birth at the Coombe Lying-In Hospital in Dublin. The hospital admitted negligence. pMouse genome find an advance for humans
The next great advance in human genetics research has arrived, courtesy of the common mouse. Scientists have published the genetic blueprint of the mouse and 99 per cent of its working elements are identical to those found in humans. pRose steps down from duties
The reigning Rose of Tralee decided yesterday to withdraw from official duties for a number of weeks after being questioned by gardaí for alleged shoplifting. pIntegrity of Mitchell recalled at funeral
Integrity, honesty, enthusiasm and commitment were words used to describe the late Fine Gael deputy leader, Mr Jim Mitchell, at his requiem Mass in Dublin yesterday. pAhern expects Croke Park to be available if bid succeeds
The Taoiseach is confident that soccer matches will be played at Croke Park if the Irish/Scottish joint bid for the European Championships in 2008 is successful. pAn Taisce criticised after it expels new members
An Taisce, the National Trust for Ireland, has discontinued the membership of a number of new members from the west of Ireland. It claims these members were "infiltrators" intent on influencing the organisation's policy on one-off housing in rural areas. pFive-year legal battle by midwife ends in victory
A five-year legal battle between a Co Dublin domiciliary midwife and An Bord Altranais (the nursing board) ended at the High Court yesterday.The proceedings have cost the board an estimated €2 million, while Ms Ann Ó Ceallaigh has emerged victorious and with no restrictions on her practice. p€270 taxi service for train-drivers to end
Iarnrod Éireann is to discontinue its practice of providing taxis for train-drivers between Dublin and Longford every day and running up huge bills as a new relocation programme comes into effect. pInvestors in pyramid scheme lose their case
Two participants in a pyramid investment scheme called "Women Empowering Women" yesterday lost their case in Dublin District Court. pWilliam Trevor is presented with honorary knighthood
The Irish author William Trevor was last night presented with an honorary knighthood in Britain in recognition of his services to literature. p
Finance
Markets expect the mandarins of Frankfurt to boost investor confidence with 0.5% interest rate cut
Consensus market expectations suggest the European Central Bank will impose a 50-point cut which would bring the rate down from 3.25 per cent to 2.75 per cent, a low in historical terms , writes Una McCaffrey pRoscrea drugs firm in talks to avoid liquidation
Management at Miza Ireland, formerly Antigen, the debt-ridden medical components manufacturer, is locked in eleventh-hour negotiations with three US pharmaceuticals companies as it seeks to attract a buyer and avoid going into liquidation. p
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