With €170bn on deposit, Simon Harris targets new savings incentive to open investing to ordinary families.
The Tánaiste, Mr Simon Harris, plans to bring a framework to Government in the first half of 2026 for an incentivised savings scheme, aimed at people who feel shut out of investing by complexity, tax rules and high minimum entry points.
The proposed retail investment strategy is intended to help households build stronger financial resilience, while also channelling more money into the productive economy. Mr Harris has pointed to the scale of cash sitting in deposit accounts in Ireland, estimating it at about €170 billion, and has argued that policy should help those savings work harder for individuals and families as well as supporting small and medium-sized businesses.
Speaking in Brussels during meetings of EU finance ministers, he signalled that the plan would be developed quickly, with an early Cabinet discussion, followed by a dedicated savings and investment forum to gather views from stakeholders and industry. Engagement with the Central Bank of Ireland is also expected as part of the design work.
The Tánaiste has indicated he wants proposals ready for the next Finance Bill, while acknowledging that key issues include the overall tax treatment and the lack of accessible retail investment products through mainstream banks. He has also linked the domestic plan to the push at European Union level for a Savings and Investment Union, arguing that Ireland should align with that agenda in a way that delivers clear benefits for Irish savers.
A North Tipperary councillor has warned that Tipperary County Council must “come out strongly” with regard to its position on the proposed Shannon-to-Dublin water transfer scheme, as the multi-billion euro project moves through the planning process.
Uisce Éireann states the abstraction would be a maximum of 2% of the long-term average flow at Parteen Basin. The volume most commonly cited in public reporting is roughly 330–350 million litres per day(depending on the source and whether a rounded “up to” figure is used).
Cost estimates are varied. Uisce Éireann has referenced a preliminary indicative range in the €4.58bn–€5.96bn bracket, while other reporting has noted higher “worst-case” risk scenarios discussed in official correspondence.
“A legacy of a beautiful lake that’s destroyed” Speaking on local radio, Councillor Bugler said she fears the council will not oppose the project strongly enough when it finalises its submission. She said she raised her concerns directly with council Chief Executive Ms Sinéad Carr, warning against any temptation to prioritise potential local “community benefit” funding over environmental impact. She has urged the council not to “sell us out” and said she was worried about damage to Lough Derg for future generations.
Uisce Éireann has said it is proposing a “bespoke Community Benefit Scheme” linked to communities hosting construction and permanent infrastructure.
Criticism after Killaloe meeting. The councillor also criticised Uisce Éireann’s public engagement after a recent information meeting in Killaloe, saying she was dissatisfied with the answers provided on how the project would operate during low-flow or drought periods. In particular, she questioned how a 2% abstraction figure based on long-term averages would translate during dry spells and whether abstraction would be reduced or suspended, and what that would mean for the reliability of supply to Dublin and the wider region.
Proposed Tipperary – Dublin Pipeline.
“What turns this from local frustration into national hypocrisy is the scale of spending Ireland is willing to contemplate elsewhere. The Irish Government has backed the Water Supply Project for the Eastern and Midlands region, intended to bring a new long-term water source from the Shannon system towards the greater leaking Dublin area“. See Link Here
Ms Bugler further claimed that some representatives displayed limited familiarity with local water and wastewater infrastructure, including the source of supply for towns Ballina and Newport from the Mulcair River, and raised concerns about treatment levels at Ballina’s wastewater facility. These are allegations made by the councillor in media reports; Uisce Éireann has not, in the published material cited here, issued a point-by-point response to those specific claims.
Council submission in preparation. Meanwhile, Tipperary County Council is preparing its formal submission to the planning authority. Separate coverage has reported that consultants have been appointed to assist the council in drafting its response. With the application now before An Coimisiún Pleanála, we learn that stakeholders and members of the public can also make submissions as part of the statutory process, ahead of a decision on whether the project proceeds and, if so, under what conditions.
Application Ref: 2660088. Applicant: Orsted Onshore Ireland Midco Limited. Development Address: In The Townland Of Brittas, near Thurles , Co. Tipperary. Development Description: The further continued use of an existing temporary 80m high meteorological mast and associated instruments in the townland of Brittas, near Thurles Co. Tipperary. The mast was erected on site as exempted development pursuant to Class 20(A), Part 1, Schedule 2 of the Planning and Development Regulations 2001 (as amended) which was extended for two years under Planning Ref 2460421. Permission is sought to extend this permission for a further period of two years. Status: N/A. Application Received: 06/02/2026. Decision Date: N/A. Further Details:http://www.eplanning.ie/TipperaryCC/AppFileRefDetails/2660088/0.
Application Ref: 2660087. Applicant: Thomas and Sean Moore. Development Address: Mitchel Street, Thurles, Co. Tipperary. Development Description: The demolition of the existing light industrial buildings on the site, for the construction of 1 no. detached two storey dwelling, 1 no. detached bungalow and 6 no. semi-detached bungalows. Permission is also sought for new entrance, connection to services and all associated site works. Status: N/A. Application Received: 05/02/2026. Decision Date: N/A. Further Details:http://www.eplanning.ie/TipperaryCC/AppFileRefDetails/2660087/0.
Application Ref: 2611 Applicant:Arcona Developments Ltd. Development Address: Stradavoher Road, Stradavoher, Thurles. Development Description:(a) construct 36 No. two storey houses consisting of 11 no. two bedroom townhouses, 21 No. three bedroom townhouses, 4 No. three bedroom semi-detached dwellings. (b) demolish 2 no. existing dwellings to allow for the creation of a new site entrance (c) construction of an electrical substation. (d) erect estate name signage and (e) all associated site works. Status: N/A. Application Received: 28/01/2026. Decision Date: N/A. Further Details: http://www.eplanning.ie/TipperaryCC/AppFileRefDetails/2611/0.
Application Ref: 2561248 Applicant: Joseph Hawe. Development Address: The Heath , Thurles , Co. Tipperary Development Description: an constructed domestic garage and all associated site works Status: Conditional Application Received: 03/12/2025 Decision Date: 30/01/2026 Further Details:http://www.eplanning.ie/TipperaryCC/AppFileRefDetails/2561248/0.
Application Ref: 2561210. Applicant: Byron Distributors Ltd David Byron. Development Address: Slievenemon Road, Thurles, Co Tipperary Development Description: Change of use of existing hair salon to be integrated into existing shoe shop retail outlet and associated site works. Status: Conditional Application Received: 24/11/2025 Decision Date: 26/01/2026 Further Details:http://www.eplanning.ie/TipperaryCC/AppFileRefDetails/2561210/0
An Order have been signed to commence key aspects of the Gambling Regulation Act 2024, to allow the Gambling Regulatory Authority of Ireland (GRAI) to begin issuing remote and in-person betting licences.
The signing of the commencement order, which comes into effect tomorrow Thursday, February 5th 2026, enables the Authority to start accepting and processing applications, and issuing licenses for remote and in-person betting operators. It also commences the necessary enforcement and oversight and complaints mechanisms that underpin the new licensing framework. In addition, the order commences those sections of the Act that amend and repeal existing legislation on the statute book. In particular, it will repeal the Totalisator Act 1929 and the Betting Act 1931.
The Commencement Order confers robust investigative powers to the GRAI and allows for administrative sanctions of fines of up to €20 million or 10% of a licensee’s turnover, whichever is the greater, to be imposed on licensees, where they are found to be in contravention of the Gambling Regulation Act 2024.
A number of criminal enforcement powers will be commenced, as will provisions which will allow the GRAI to apply to the Court for an order directing illegal operators to cease operations.
The order also provides for the commencement of several other key measures including:
Prohibiting the use of credit cards as a means of payment for gambling;
Prohibitions on allowing a child to gamble or to be employed by licensees;
Enabling customers to set monetary limits on how much they can gamble on-line or remotely;
Obligations on licensees to notify the Authority of suspicious gambling activity;
Obligations on remote gambling providers to protect children online;
Regulating the operation of online gambling accounts;
Safeguards for account holders such as the ability of the Authority to limit the amount of money that may be lodged with a licensee; and obligations concerning the closure of accounts and refunds of monies.
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