AGP Executive Report
Last update: 35 minutes agoTech Investment: OpenAI will add 200 Dublin jobs and build its second applied AI lab, bringing its Irish hiring pledge to 450. The Government also plans to back 1,000 start-ups with investments of up to €100,000. Strike Disruption: Unions are set to proceed with Wednesday’s public-sector stoppage, affecting schools and health services and putting pressure on businesses as parents arrange childcare. Energy Costs: PrepayPower will freeze electricity and gas prices for customers until at least March 2027, despite rising wholesale costs. Housing: Asking-price inflation slowed to 3.9% annually in the third quarter, its weakest pace in more than three years, while prices fell 1.4% quarter on quarter. Power Supply: Irish wind farms generated record electricity for September, meeting 37% of demand; wind and solar together supplied more than 42%. EU Budget: Ireland’s proposed €141bn cut to the bloc’s 2028–34 budget faces resistance, with the Commission warning that reduced funds could put support for farmers, regions and competitiveness at risk.
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