Archives

Unemployment Continues To Rise In Tipperary

Dole Queue

The towns of Thurles and Roscrea both recorded very slight decreases on the live register in North Tipperary between February and March last. The live register figure have fallen from 3,006 to 2,995 in the case of Thurles and from 1,455 to 1,450 in the case of Roscrea.

However the number of people signing on at Nenagh Social Welfare Office have now passed the 3,000 mark and now stand at 3,021 up from 2,996 at the end of February last .

According to updated figures from the Central Statistics Office, there are now a total of 7,466 names on the live register in North Tipperary, and the March overall totals represents a slight increase from the February figure of 7,457.

There are now 1,475 people under the age of 25 signing on in North Tipperary.

Overall county totals show that 4,648 unemployed are male, while the female figure has now increased to 2,818, with three times as many women as men being added to the live register over the last month.

The National Total at the end of March stands at 442,000, or an increase of 1,100 from February, having fallen in the previous two months.

Summer Works Scheme 21 Tipperary Schools Benefit

Summer Works Scheme

A total of 21 Tipperary Schools, 10 of which are in North Tipperary, to date have benefited under the Summer Works Scheme, the closing date for receipt of applications for which was 21st January 2011.

The cost of engaging professional advice to prepare a technical report for such applications has to be  met, in full, from a school’s own personal resources.

Local Schools to benefit are:-  Two Mile Borris N/S Thurles, Borrisoleigh N/S, St Josephs College Borrisoleigh, St Anne’s Special needs School Roscrea and Scoil Naisiunta Na Maighne,Thurles.

For a list of successful projects under this 2011 Summer Works Scheme please Click Here

The purpose of the Summer Works Scheme is to devolve funding to individual school authorities to undertake small-scale building works which, ideally, can be carried out during the summer months or at other times, thus avoiding disruption to the daily operation of the school.  Under the terms of the Scheme, school authorities are empowered to manage these works with guidance from, and minimal interaction, with the Department of Education.

Funding of €41.2m under the summer works scheme should see major improvements undertaken in primary and post primary schools around the country.

€13m Investment In Roscrea Tesco Store Announced

New Tesco Development, Roscrea

A major Israeli investor, trading as RAVAD Ltd, is to invest €13m in a new Tesco store in Roscrea, Co Tipperary.

This  property investment company is to ‘forward purchase’ the new Tesco store in the newly redeveloped town centre in Roscrea. Ravad plc, which is listed on the Israeli stock market, is to pay the €13 million for the 4,273sq m (45,000sq ft) supermarket in a deal that will show an expected return of 7%.

RAVAD Ltd and an unknown buyer acquired the 2.5 acre lot in County Tipperary from Tesco PLC on October 17th, 2010, with Ravad Ltd. acquired a 50% stake for €6.6 million. The other buyer acquired the remaining 50% stake.

Tesco will build a 4300 square meter supermarket on the lot and will lease back the premises for 15 years.

This sale may now encourage the National Asset Management Agency (Nama) to proceed with the disposal of some of the many Irish retail property assets presently under their control, following it’s ‘purchasing in’ of numerous distressed loans, all of which were acquired at substantial discounts.

The present Government has already indicated that it wishes Nama to proceed with its planned disposal programme. While the Tesco brand undoubtedly has a broad appeal among international investors, this decision by a major player, like Ravad Ltd, to invest in a provincial town in Ireland, will certainly take the Irish property market by surprise.

Currently under construction, this new store is being built above a 224 vehicle parking space area.

Financial Boost For Arts Fund In County Tipperary

The Source Arts Centre

The arts here in Co Tipperary are set for a major financial boost following the announcement of nearly €400,000 in funding from the Arts Council.

The Arts Council has confirmed it will invest in five Tipperary organisations around the county, based on their already proven track record to date.

The organisations to benefit are as follows:-

Source Arts Centre Thurles, who will benefit to the tune of €65,000.

North Tipperary County Council Arts Office,who will receive €105,000.

Clonmel Junction festival, in South Tipperary, who will receive €118,750.

South Tipperary County Council arts office, to receive €69,358.

Tipperary Excel Heritage Company, who will benefit to the tune €37,500.

Moriarty Tribunal Inquiry Publish Lowry Findings

The second and final report of the Moriarty Tribunal has been finally published.

This inquiry was initially established in 1997,  to examine the financial affairs of former Taoiseach Charles James ‘Charlie’ Haughey and former Fine Gael Communications Minister and newly elected Tipperary North Constituency Independent TD, Michael Lowry.

Deputy M. Lowry

This newly published final report (For Report click Here) details the investigation into possible links between businessman Denis O’Brien and Michael Lowry.

Ireland’s second mobile phone licence was awarded to Denis O’Brien’s company Digifone in 1995. Mr Lowry was then Communications Minister when the controversial  mobile phone licence was granted.

The report states that it is ‘beyond doubt ‘ that Michael Lowry imparted substantive information to Denis O’Brien which was ‘of significant value and assistance to him (Denis O’Brien) in securing the licence.‘

The report refers to Mr Lowry’s ‘cynical and venal abuse of office,‘ his ‘brazen refusal ‘ to acknowledge the ‘impropriety ‘ of his financial arrangements with Mr O’Brien and Mr Ben Dunne, and his ‘contemptuous disregard ‘ for his taxation obligations.

The report is also damning of evidence given by the North Tipp Deputy to the Tribunal, stating that his evidence was ‘formulaic, and entirely inconsistent and at variance with evidence.‘

Deputy Michael Lowry stated in a response, that he totally rejects the tenure of the Moriarty report. “His report is factually wrong and deliberately misleading. Moriarty has outrageously abused the Tribunal’s ability to form opinions which are not substantiated by evidence or fact.”

In a statement following this latest publication Mr Denis O’Brien said, “I wish to state in the most categoric terms, once again, that I never made any payment to Michael Lowry in his capacity as a government minister, as a public representative or as a private citizen. I believe it is unprecedented in the history of this country that a High Court judge would make such fundamental errors which went to the heart of the credibility and integrity of a Tribunal process.”

Fine Gael Taoiseach Enda Kenny has stated, “This is a report that deserves serious analysis and it will get that from this Government.”  He said, “This is a matter of grave importance with major implications for the State and for the taxpayer.”

Taoiseach Enda Kenny told the Dáil a short time ago that members of of his Party would be available to answer questions in the Dáil, regarding any part they played in the awarding of the mobile phone licence to Esat Digiphone, in 1995.

This reports findings now raises profound questions, regarding Mr Michael Lowry’s suitability to remain in public Office.