This provides some leeway to combat the uncertainties which lie ahead. Unfortunately, the threat from higher energy prices is now starting to look more concerning, though much depends on the duration of the Gulf conflict. Corporation tax is running below 2025 levels, but the more significant months for these payments lie ahead. It may have to respond to higher energy prices, depending on how the Middle East situation develops. A tricky test of economic management and some tough choices now lie ahead

Source: The Irish Times March 08, 2026 20:48 UTC