Your Morning Headlines – 13/10/2015

1.Corporation Tax set to Decrease

The Government  are set to  introduce a new lower corporation tax rate in today’s budget in a bid to increase Research and Development investment.

The lower rate will only be applicable to companies that agree to a certain level of investment in research and development as part of the Government plans for its new knowledge box scheme.
This new initiative comes following the already controversial 12.5per cent corporation tax rate which is one of the lowest in Europe.
2 Dissident Terrorist Found With Component Part For Pipe Bomb

 The dissident terrorist who murdered Garda Tony Golden had been found in possession of component parts for pipe bombs last January.

Adrian Crevan Mackin (24) was known to the Garda and the PSNI as a suspected member of a breakaway renegade faction of the real IRA, who have named themselves Óglaigh na hÉireann.

The group was formed by a former associate of terrorist Michael McKevitt after a split in the Real IRA. Mackin had regularly been monitored by the gardaí and the PSNI over the past few years


3.Caravan Fires

The Department of the Environment has revealed that blazes in caravans and mobile homes account for a small percentage of incidents attended by fire brigades.

In 2014 there were 75 fires in these types of homes attended to by fire brigades, from a total of 5,511 domestic incidents.

The figures also show that the number of people who lost their lives in fatal fires has risen by more than 50 per cent year to year.


4.Rail Strike Talks Adjourned

Talks in the Workplace Relations Commission (WRC) aimed at averting the upcoming rail strike have been adjourned.

The talks, which are being chaired by Anna Perry, are being held in an attempt to avert a work stoppage planned for the Friday morning of the October Bank Holiday weekend.

Discussions between Irish Rail management and the unions representing train drivers- the National Bus and Rail Union (NBRU) and Siptu- will resume in the morning.


5.Anti-Malarial Drug To Be Withdrawn From Irish Market

Lariam, the controversial anti-malarial drug, is set to be withdrawn from the Irish market next year.

Roche Pharmaceuticals confirmed the drug, which is prescribed to members of the Irish Defence Forces, will no longer be sold in Ireland from July 31, 2016.

The company denied that the decision was linked in any way to litigation.

Roche Pharmaceuticals is being sued by Irishman Andrew Bryce, who claims the side-effects of the drug he experienced after taking the drug on his honeymoon, including panic attacks and dizziness.