{"id":563798,"date":"2026-07-23T06:00:09","date_gmt":"2026-07-23T06:00:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/563798\/"},"modified":"2026-07-23T06:00:09","modified_gmt":"2026-07-23T06:00:09","slug":"government-sees-e1-5bn-tax-package-and-what-an-ai-crash-would-mean-for-ireland-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/563798\/","title":{"rendered":"Government sees \u20ac1.5bn tax package and what an AI crash would mean for Ireland \u2013 The Irish Times"},"content":{"rendered":"

The Summer Economic Statement is a key marker on the way to October\u2019s budget, and this time it shows Government spending on day-to-day services and new infrastructure will grow by \u20ac7 billion next year to \u20ac125.5 billion. Pat Leahy reports on the SES<\/a>, while Cliff Taylor writes that the statement has set the stage for a big row within government<\/a> on which department will get what. <\/p>\n

Is the artificial intelligence boom actually a bubble that can burst at any time? If it does burst, Ireland will inevitably be in the crosshairs. The Department of Finance has attempted to model at least part of the impact a US stock market correction would have on us here, and the results are not good<\/a>. Peter Flanagan has the details. <\/p>\n

The Jevons paradox has been one of the best-known economic theories for more than 150 years, and it is key to understanding what\u2019s next for AI. Emmet Ryan explains why<\/a>. <\/p>\n

Cantillon today focuses on the tech world. What does it mean for society that an OpenAI model<\/a> can break out of its testing area to hack another company by itself? Meanwhile Samsung has unveiled its latest line of smartphones. What can consumers expect to see<\/a>?<\/p>\n

Billionaire Elon Musk\u2019s social media business X is poised for another High Court clash<\/a> with Coimisi\u00fan na Me\u00e1n after launching legal challenges to decisions taken by the Irish regulator this week. As Barry O\u2019Halloran reports, X, formerly known as Twitter, has taken several High Court cases in recent months against the commission, which is responsible for regulating the social media giant\u2019s EU activities.<\/p>\n

N\u00faa Money<\/a>, the newest mortgage lender in the State, has built up a loan portfolio of almost \u20ac1 billion in two years of lending and is estimated to be behind about 5 per cent of activity in the market. Joe Brennan has the story. <\/p>\n

It\u2019s summer time, so many of us are getting our hands dirty in the garden. Does it have to be that way though? Ciara O\u2019Brien looks at how tech can help bring out the green fingers<\/a> in us. <\/p>\n

Shares in Greencore soared<\/a> by as much as 12 per cent on Wednesday after the convenience food group raised its full-year operating profit forecasts and said it remains on track to \u201cdrive value\u201d from its takeover of rival British group Bakkavor earlier this year. Ian Curran reports. <\/p>\n

If you\u2019d like to read more about the issues that affect your finances try signing up to On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"The Summer Economic Statement is a key marker on the way to October\u2019s budget, and this time it…\n","protected":false},"author":2,"featured_media":563799,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8319,61,60,43],"class_list":["post-563798","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-business-today","tag-ie","tag-ireland","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/563798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=563798"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/563798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/563799"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=563798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=563798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=563798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}