The Morning Headlines – 5/03/2016

Good Morning.

Here are the morning headlines.

1.Cruz / Trump

US Republican and presidential candidate, Ted Cruz, looks to gain victory over Donald Trump in Wisconsin later today, presenting himself as a uniter for Republican voters, despite a Senate tenure marked by feuds and uncompromising stances.             

Ted Cruz, a first-term US senator from Texas, is trying to prove he is the last remaining Republican candidate, other than Trump, with a pathway to the party’s presidential nomination and the best choice left for Republicans who cannot bring themselves to vote for the New York billionaire.

Wisconsin will be a test of whether, or not, his strategy will work.

Writer – Sean Og

2.Paddy Power 

Paddy Power is due to cut up to 300 Irish jobs, due to a recent merging with Betfair.

Technologies and Marketing are to be the likely sectors in which jobs will be lost, due to an overlap between Paddy Power and Betfair employees.

€50 million worth of savings has been accumulated after the merging, and half of this sum is expected to come from labour costs.

The newly merged company now stands at a workforce of 7,200.

Writer – Sean Og

3.WRC 

The head of the Workplace Relations Commission, Kieran Mulvey, has said the Lansdowne Road Agreement has to be “revisited” if Gardaí, teachers or nurses cannot be recruited due of reasons regarding pay.

Speaking on RTÉ’s Claire Byrne Live, Mr. Mulvey said the situation regarding these professions at entry-grade level “is a problem that comes back to bite you after a while”.

Mr. Mulvey said he believed there was so much controversy around the issue, that it will have to be addressed again in the context of the Lansdowne Road Agreement.

Writer – Sean Og

4.Unemployment Rates 

The Central Statistics Office has recently released figures that the monthly employment rate dropped to 8.6% in March.

This was down from 8.8% in February and a reduction from the jobless rate of 9.8% in March 2015.

The CSO has stated that the number of persons unemployed last month stood at 187,700, down 2,900 when compared to February. It was also a decrease of 23,400 when compared to the same time last year.

Writer – Sean Og

5.Ronnie Corbett

Ronnie Corbett may have been forced to sell his seven-bedroom South London mansion, moving instead to a nearby bungalow, to save his children a six-figure inheritance tax bill, friends of the family suggested yesterday.

The comedian, who died on Thursday, unaware that he was to have been knighted in the Queen’s 90th Birthday Honours, sold Fairways, his family home of 33 years, for £1.27m (€1,598,610), in 2003. He then purchased a smaller property, several hundred metres away, for £250,000.

Writer – Roisin Conlon

 

 

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