Finance Minister gives Limerick budget briefing

first_imgRELATED ARTICLESMORE FROM AUTHOR Facebook Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Finance Minister Paschal Donohoe at the Limerick Budget Briefing. Finance Minister Paschal Donohoe arriving for the Limerick Budget Briefing with (from left) Minister of State Patrick O’Donovan, Council chief executive Conn Murray, Mayor Stephen Keary and Deputy Tom Neville. Limerick Ladies National Football League opener to be streamed live Linkedin 1 of 6 TAGSbudget briefingbusinesslimerickPaschal Donohoe Former Finance Minister Michael Noonan, Limerick Council chief executive Conn Murray and Mayor Stephen Keary at the Limerick Budget Briefing. “Ireland- and Limerick – has changed so much in recent years. Unemployment is at the lowest level in a decade, we are managing the public finances in a careful and considered way and the ship is steady once again. Now is the time to turn our attention to the future. By adopting a sensible approach to spending and investing in the infrastructure we need, we will ensure that we are well equipped for what lies ahead. Through affordable increases in spending, we will deliver better health and education outcomes; make sure that work is rewarded, that appropriate housing is provided and that there are more nurses, doctors and Gardaí employed to meet the needs of our growing economy and society.“Coming to Limerick this week allows me to hear first-hand what the people have to say.  I am optimistic about our future and have delivered a Budget designed to safeguard our finances, promote fairness, provide sustained improvements in people’s lives and make sensible and long-term investments that will benefit us now and into the future. I look forward to engaging with the local businesses and organisations in Limerick to discuss their future plans and hopes for our country.” Finance Minister Paschal Donohoe at the Limerick Budget BriefingFinance Minister Paschal Donohoe is in Limerick today as part of a regional programme to discuss Budget 2018.During his visit, Minister Donohoe will present the key outcomes of Budget 2018 and listen to the views of local business groups, organisations and networks.Sign up for the weekly Limerick Post newsletter Sign Up Speaking ahead of the event, the Minister said, ‘Budget 2018 will see Ireland broadly balance our books for the first time in a decade. This is a significant milestone in the long and difficult journey that we, as a nation, have made. Despite the fact that we have made such progress, there are still many risks on the horizon. Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” center_img Minister of State Patrick O’Donovan with Finance Minister Paschal Donohoe at the Limerick Budget Briefing WhatsApp Email Twitter Finance Minister Paschal Donohoe with his predecessor Michael Noonan at the Limerick Budget Briefing. Advertisement NewsPoliticsFinance Minister gives Limerick budget briefingBy Editor – October 20, 2017 1819 WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Previous articleLimerick communities abandoned in the fight against drugs scourgeNext articleKleyn back and Keatley at 10 for Racing visit Editor Print Limerick Council chief executive Conn Murray (left) with Finance Minister Paschal Donohoe and Mayor Stephen Keary. Limerick’s National Camogie League double header to be streamed live last_img read more

Private equity giant buys stake in UK’s PIC

first_imgTracy Blackwell, PIC’s CEO, said: “The combination of their financial services expertise and long-term, strategic financial support is important to us as we continue to meet the demand for securing pension obligations in the UK’s established and expanding pension insurance market.” Peter Rutland, global co-head of the financial services team at CVC, added: “There is growing demand from companies in the UK to remove the financial and operational risks related to their defined benefit pension obligations.”PIC has already demonstrated its industry-leading ability to respond to this trend, providing its customers with long-term stability and financial security.”  CVC’s only other insurance investment is Fidelis, a specialist in insuring energy, marine, property, aviation, and political risk, which it bought in June 2015. It also has previously invested in Belvedere, Brit Insurance, and NRGA, according to its website.The acquisition of the PIC stake is the third investment made by CVC in its Strategic Opportunities Platform, for which it raised €3.9bn last year.In other acquisition news, rival private equity firm Blackstone on Friday agreed a deal to buy the pension administration businesses of financial services conglomerate Aon. Blackstone agreed to pay up to $4.8bn (€4.5bn), with $500m of this dependent on the performance of the business, according to an announcement from Aon.Aon – which owns investment consultant Aon Hewitt – said it wanted to focus on its risk, retirement, and health advisory services. The deal is expected to be completed in the second quarter of this year. Private equity firm CVC Capital Partners has bought a stake in the parent company of Pension Insurance Corporation (PIC), it announced on Friday.It has not revealed the size of the investment, but a Sky News report in December claimed CVC was seeking a 10%-20% slice of Pension Insurance Corporation Group. The report suggested the Royal Bank of Scotland was among the sellers.PIC runs the defined benefit pension funds of more than 130,000 former employees of UK companies such as Cadbury, London Stock Exchange, and Cookson. It runs more than £20bn (€23.5bn) in assets.In 2015, the insurer backed a £2.4bn full buyout of the Philips Pension Fund – this is still the biggest transaction of its kind completed in the UK.last_img read more

Rapolas Ivanauskas helps Colgate stretch the floor after transfer from Northwestern

first_imgRapolas Ivanauskas battled through a five-month recovery his freshman year at Northwestern after shoulder surgery in October 2016. He was cleared in April 2017 and played for a couple months. Then during a pickup basketball game, he dislocated his shoulder again. Throughout his two years at Northwestern, Ivanauskas felt he was only 100-percent for a handful of days at best. “It was pretty arduous, pretty frustrating,” Ivanauskas said.He underwent surgery again in December 2017. During Colgate’s summer sessions, Ivanauskas still hadn’t been cleared, forcing him to do non-contact drills. But now that he’s cleared and back in action, Ivanauskas feels there is more work to be done. “I still feel like i’m learning new things about myself everyday,” Ivanauskas said. “I feel like i’m still not playing like I truly can be.”Feeling as if he had fallen behind from almost two years of being at less than full strength, Ivanauskas decided to transfer away from Northwestern, which is about 40 minutes from his home in Barrington, Illinois and moved 735 miles to Colgate. He has started in all five of the Raiders’ games this season, tallying four double-doubles and leading the team in scoring with 18.8 points per game. Colgate’s (4-1) leading scorer and rebounder faces off with Syracuse (2-2) in the Carrier Dome on Wednesday night.AdvertisementThis is placeholder textColgate head coach Matt Langel said it’s important to find an athlete who wants what your team has to offer. For Ivanauskas, the Raiders offered an opportunity to play, and a lot.Langel had known Northwestern’s head coach, Chris Collins and one of its assistant coaches, Brian James, for most of his life. Through those relationships, Langel had some insight on Ivanauskas.“He’s got strong values and great morals,” Langel said. “He’s a good human being. He’s a good teammate. He’s a hard worker.”Courtesy of Colgate AthleticsThe strong reputation of Ivanauskas has already proved true to his new teammates at Colgate.“He’s the nicest guy you’ll ever meet, he’ll work hard for you,” Colgate guard Jordan Burns said. “And you know he truly and genuinely cares about everyone who’s in his life, and he wants the best for everybody.”On the court, the addition of Ivanauskas, a 6-foot-10 forward, to the starting lineup added length and stretched the floor. The Raiders can now flash a lineup in which everyone can shoot the 3, Burns said.Transferring away from Northwestern to a school much further from his home has been hard, Ivanauskas said, including leaving his family and all of his best friends. But the people at Colgate, his teammates, and the coaching staff have welcomed him in with open arms, treating him as an important part of the team from day one. Through everything Ivanauskas has gone through, he is humbled to be back on the court.“Just happy to be playing again and really blessed to be playing again,” Ivanauskas said. “And just happy with the opportunity because there were times where I felt like through my injuries and things it was gonna be really hard getting out and being able to play well again.” Comments Facebook Twitter Google+center_img Published on November 21, 2018 at 8:27 amlast_img read more