News

Ireland has a legal and moral obligation to completely disassociate itself from Israeli bonds, which are funding its murderous war machine, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Israel is still issuing war bonds across the European Union and using this money to fund a genocide in Gaza. While our role […]

Recent reporting from Investigate Europe has exposed yet another scandal centred in Ireland’s financial system, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “A major Irish licensed gambling operator, Soft2Bet, has been linked to a sprawling black market gambling empire operating across the globe. “Irish licences were instrumental in giving legitimacy to […]

The National Treasury Management Fund must immediately clarify whether it remains invested in companies operating in the West Bank, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “It is utterly unacceptable that the Ireland Strategic Investment Fund remained invested last year in five companies named in the latest UN Human Rights Office […]

It’s shocking that social media companies are allowed to accept payments from criminals to run bogus advertisements on their channels to defraud the Irish public, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “FraudSmart, the fraud awareness initiative led by the Banking and Payments Federation Ireland, has reported that there has been […]

People cannot afford to pay for this Government’s haphazard handling of the cost-of-living crisis, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Figures released today by the Central Statistics Office (CSO) show there is no end in sight to the skyrocketing cost-of-living crisis. “Prices have risen a further 3.6 per cent in […]

Social media giants should not be allowed to make money from hosting fraudulent ads, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Research published this morning by the Central Bank showed that more than one in three people have been the victims of fraud, and almost two-thirds have lost money as a […]

It is completely unacceptable that poverty levels and enforced deprivation rates are rising for pensioners at a time when the Government has billions at its disposal, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Figures released by the Central Statistics Office (CSO) show that the consistent poverty rate for those aged 65 […]

The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Resources must be prioritised in areas that will curb inflation and have a long-term benefit – such as accelerating the rollout of solar panels to reduce household energy bills. “These kinds of […]

Fine Gael’s investment scheme amounts to a tax break for millionaires, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “Simon Harris and Fine Gael have shown their true colours as they roll out their latest scheme to allow millionaires dodge tax. “The rich and their accountants will make hay as they shift […]

The latest inflation figures for the Irish economy further highlight the urgent need for the Government to introduce targeted energy supports to assist struggling households, according to Social Democrats finance spokesperson Cian O’Callaghan. Deputy O’Callaghan said: “The latest Harmonised Index of Consumer Prices (HICP) indicate that prices rose at an annualised rate of 3.6 per […]