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Showing posts with label Takeovers. Show all posts
Showing posts with label Takeovers. Show all posts

Thursday, October 15, 2015

Donie's Ireland daily news BLOG

Families of Ireland the focus of Budget as Coalition unveils an election vote catch all process

 

The main focus of the package on USC cuts and increases to pensions, Christmas bonus and child benefit.

The Government has laid the ground for its re-election campaign with a budget designed to deliver increased income to every home in the State.
On a day of tax cuts, pension increases and special measures for parents of young children, the Coalition parties also sought to set the agenda for the election to come with a series of pledges for a second term if they are returned to power.
The centrepiece of Budget 2016 is a 1.5 percentage point cut in the 7 per cent universal social charge rate which applies to earnings up to €70,044. Workers on more than €70,044 gain from this cut, but earnings above that amount will remain subject to the 8 per cent USC rate.
The 3.5 per cent and 1.5 per cent USC rates on low income will each be cut by 0.5 percentage points.
“If people are wondering how much they will gain, it will be approximately a full extra week’s wages at all points of income. It is an easy way of assessing what the income gain might be,” Mr Noonan told the Dáil.
The package of USC cuts came on top of increases to child benefit, the extension of free GP care to all children under 12 and an additional year of free preschool childcare.

The self-employed

There were also measures to ease the tax burden on the self-employed, homeowners, farmers and hauliers.
Mr Noonan said that the Government parties would work “progressively” to eliminate the USC if re-elected. Another election pledge was to complete tax equalisation for the self-employed and other measures to support job creators.
On RTÉ television last night, Taoiseach Enda Kenny made it clear that the election will take place next spring. Asked whether he might be tempted to cut and run after the budget, Mr Kenny said: “No, there won’t be an election this year.”
Earlier, Mr Noonan told reporters: “You can be absolutely certain there will be no election between now and Christmas.”
Mr Noonan raised duty on cigarettes by 50 cent a packet from midnight, the only tax increase next year.
A continuation for five years after 2016 of the €150 million annual bank levy will raise €750 million.
Among the spending measures set out by Minister for Public Expenditure Brendan Howlin were a €3 a week increase in the old age pension and a €5 increase in child benefit. The Christmas bonus will be reinstated to 75 per cent of the pre-abolition rate for all social welfare recipients.
Mr Howlin said the Coalition had, through prudent management of the State’s finances, brought the State back from the brink. “Who speaks of Syriza now?” he asked.
The package, predicated on a 4.3 per cent gross domestic product next year, was cast to reduce the budget deficit in 2016 to 1.2 per cent of GDP from 2.1 per cent in 2015.
The plan was cast to foster job creation as a cornerstone of budgetary strategy, making work pay for people taking up jobs.
Mr Noonan said the barriers to taking up employment included taxation, wage levels for the low paid and childcare costs, all of which were being addressed in the budget.

‘An more unequal place’

Fianna Fáil finance spokesman Michael McGrath said the budget continued the Government’s trend of making Ireland “a more unequal place” and lone parents, women and the elderly had been targeted in successive budgets.
His party colleague Barry Cowen strongly criticised the failure of Government to introduce rent certainty measures.
Sinn Féin finance spokesman Pearse Doherty said the cut in USC and the changes to PRSI would put three times more in the pocket of someone earning €70,000 a year compared to the average worker

Joan Burton says election should not be held before the banking inquiry finish of the new year?

    

Joan Burton said the banking inquiry should be allowed to take its course. 

Tánaiste Joan Burton has said she believes the banking inquiry should be allowed to finish its work before an election is held.
Speaking at a jobs announcement in Dublin, Ms Burton said the Government had made the inquiry a priority, and because it now had an extension into January, she said it was important that it should be allowed “take its course”.
Asked about speculation of a November vote, the Tánaiste said she had had “a long and very friendly” conversation with Taoiseach Enda Kenny last night, and she believed that an election should not be held until after the banking inquiry had published its report.
She said the talks she had with Mr Kenny were “very similar to all other conversations” she had had with him on the topic, adding that the Government was focused on doing the job it was elected to do.
Earlier, during a speech announcing the creation of 200 jobs at software firm Workday, Mr Kenny had joked that there may not be an election within the next six months.
The Fine Gael leader said the electoral cycle was “seven years in the Constitution, but convention says it’s five”.
Elsewhere today, Minister for Education Jan O’Sullivan told RTÉ’s News at One that she expects the election will take place after St Brigid’s Day.

When asked if Labour trusts the Taoiseach to hold on until the spring, the Labour minister said: “Yes, we do trust the Taoiseach … everything the Taoiseach has said has been reiterated by the Tánaiste that the election will be in the spring and that is the Government position on it.”

Hallucinations ‘help make sense of world’

   

The brain records information from the colour image on the left.

Hallucinations, often associated with psychotic disorders, may result from a natural process used by the brain to make sense of the world, say scientists.
The results of a new study support the theory that many people are close to the edge of this aspect of madness at least.
Visions and sounds that do not exist can be generated by the brain’s habit of predicting what it expects to experience, filling in missing gaps in reality, the search shows.
It is this ability that allows you to recognise a fast-moving black shape in your living room as the cat, even though it was little more than a blur.
Professor Paul Fletcher, one of the scientists from the Department of Psychiatry at Cambridge University, said: “Having a predictive brain is very useful – it makes us efficient and adept at creating a coherent picture of an ambiguous and complex world.
“But it also means that we are not very far away from perceiving things that aren’t actually there, which is the definition of a hallucination.
“In fact, in recent years we’ve come to realise that such altered perceptual experiences are by no means restricted to people with mental illness. They are relatively common, in a milder form, across the entire population. Many of us will have heard or seen things that aren’t there.”
The Cambridge team together with colleagues from the University of Cardiff set up an experiment to see if people with psychotic tendencies are better at mentally filling in missing parts of pictures.
Participants were shown black and white images that looked little more than a collection of lines and blotches until the full colour originals were seen.
Once the complete picture was recorded in the brain it became possible to recognise what the crude black and white outlines were meant to represent.
But not everyone found the task equally easy. People with very early signs of psychosis performed better than volunteers with no symptoms of mental illness.
When the same experiment was conducted with a larger group of 40 members of the general public, a range of ability was seen. Individuals who had higher scores in tests for psychosis-proneness – but no psychotic symptoms as such – stood out.
The research is published in the journal Proceedings of the National Academy of Sciences.
Naresh Subramaniam, also from Cambridge University, said: “These findings are important because they tell us that the emergence of key symptoms of mental illness can be understood in terms of an altered balance in normal brain functions.
“Importantly, they also suggest that these symptoms and experiences do not reflect a ‘broken’ brain but rather one that is striving – in a very natural way – to make sense of incoming data that are ambiguous.”

Some patients go from being claustrophobic and immobile to running marathons if they lose enough weight’

Colm O’Boyle is a consultant bariatric surgeon and laparoscopic general surgeon at Bon Secours Hospital in Cork, and senior clinical lecturer at UCC Medical School

   
Colm O’Boyle, bariatric surgeon at the Bon Secours Hospital, Cork.
I am one of only four bariatric surgeons in the country, so people come from afar. More than half my patients are from outside Munster. Patients regularly travel from Dublin, Galway and Limerick for surgery.
Bariatric surgery is a most rewarding surgical discipline, because the majority of the patients are absolutely delighted with the results of surgery. No other surgical procedure can cure the majority of the patients’ medical conditions, greatly improve how they look in the mirror and make them feel so much happier in themselves.
Women in particular are delighted to be able to drop a few dress sizes. They often relate how they can buy off the peg in “normal” clothes shops when previously they had to get clothes tailormade or buy from special sites online.

Surgery is last hope

Men tend not to be so image conscious and, for many, surgery is their last hope to have medical conditions such as diabetes or high blood pressure cured or improved. As there is a very significant improvement or cure in the rate of diabetes, hypertension or sleep apnoea as well as the obvious cosmetic benefits from significant weight loss, the patients tend to be very happy with the results.
The most common bariatric surgical intervention is the gastric sleeve followed by gastric bypass. Bariatric surgeons are moving away from gastric band surgery as the long-term results are not as good as other procedures. I’ve taken out more bands in the past year than I have put in, and the commonest obesity operation in France – where they put in thousands of bands – is removal of gastric bands.
The gastric sleeve procedure involves removing four-fifths of the patient’s stomach, leaving a narrow, banana-shaped tube or sleeve. The patient can’t eat as much after the surgery and has to start on a diet of yogurt and milky porridge before moving on to smaller amounts of solid food, which they must chew well. As I tell my patients, their starter becomes their main course after surgery.
Patients lose one to two stone in the first couple of months after surgery and 90 to 95 per cent lose a total of between five and eight stone. The more motivated a patient is, the better they do. Surgery breaks the cycle of weight gain, but it’s not a magic bullet. Once they get down to a certain level, the patient has to eat healthily and exercise, ideally for an hour a day, to keep the weight off.
The causes of obesity are multifactorial. Many morbidly obese patients suffered some sort of trauma in their childhood and turned to food as a result, and there are some people whose satiety centre in the brain is probably set higher.
I do the operation that helps my patients to lose the weight but, at the end of the day, keeping the weight off is in their own hands. In many ways, an operation is not the best way to treat obesity, but it’s the best we have. Someday they may invent a pill that will suppress appetite without any side effects but I don’t think it will happen without the patient working on their diet and exercise as well; there will always have to be an element of patient self-control.

Centre of Excellence Award

The surgical unit at the Bon Secours Cork has recently obtained a Centre Of Excellence award from the International Federation for Surgical Obesity. We are the first unit in Ireland to obtain such an award and I am delighted for the hospital and the team that we have been given the credit for the high standard of care we provide for our patients.
I work as part of a large team including dietitians, physiotherapists, nursing staff, endocrinologists, cardiologists, radiologists, anaesthetists and respiratory physicians.
This wide medical team is very important for the management of morbid obesity, which can be associated with very complex medical conditions such as diabetes, hypertension and sleep apnoea. These patients also require regular psychological input.
The hospital has invested significantly in refurbishing a dedicated ward of individual rooms for bariatric surgical patients. Beds, chairs, doors and washing facilities are specially geared towards larger patients. Theatre equipment is all designed to deal with patients weighing up to 350kg.
I enjoy teaching the medical students. It keeps me on my toes. I have at least two final-year medical students attached to my team in any week. During their time with my unit, I will teach them how to treat general surgical and bariatric patients. They attend my endoscopy and theatre lists and come on ward rounds. As postgraduate tutor, I also regularly give lectures to the junior doctors and nursing staff to help them gain a better understanding of surgery so I am continuously teaching.
I am an examiner for final medical examinations for UCC. I am a member of the teaching faculty for the Royal College of Surgeon’s (UK) minimally invasive surgical skills course. I regularly commute to London to teach on this course.

My gatekeeper. 

My working week begins and ends with invaluable support from my PA, Caitríona O’Sullivan, who is the link between my patients and my service. After eight years working with me, she has acquired the skills of secretary, gatekeeper, counsellor, nurse, diagnostician and data manager, all in one.
Monday morning begins with a unit ward round at 8am with the junior doctors, medical students and nursing staff. This is followed by my endoscopy (scope) list. I regularly perform endoscopic procedures for bariatric patients before surgery to rule out ulcers or identify undiagnosed hiatus hernias.
Monday afternoon is my bariatric clinic for new referrals, where I see patients who are contemplating bariatric surgery for the first time. I usually spend up to an hour discussing the various options with the patients. Patients are often very emotional as it takes great courage to admit that you need an operation to lose weight. Many have been thinking of having surgery for years but have not been able to pluck up the courage to see someone.
Most patients have tried everything possible to get their weight down, including every diet and every diet pill on the market.
Many actually cry at finding someone who is empathetic and who can “cure” the condition they have battled all their lives.
I usually ask the patients to bring a relative with them. I give them booklets explaining the surgery and take them through a presentation explaining the benefits of having it.
I give them the contact details of patients who have had surgery in the past and who are willing to chat with them. I advise them to go to the patient support group meetings [at Bon Secours Hospital in Cork on the first Tuesday of every month], where patients who have had surgery and patients who are thinking of having surgery sit around and have an informal chat. Many patients make long-term friends with others when they go through the surgery together.
After that clinic, I carry out an evening ward round and review all the patients who have come in to have bariatric surgery on the following day.

Operating list

On Tuesdays at 7am I do paperwork followed by an early-morning pre-operative ward round. After this I attend the hospital radiology meeting, where all the medical staff meet and review complex (non-cancer) cases as a group. This is followed by my bariatric operating list, which may finish any time up to 8pm. I will perform between one and four bypass/sleeve procedures during the day.
During and between operations, I will teach the medical students and junior doctors who are attached to my service. I also tend to do my general surgical on-call on a Tuesday. After operating I will do a ward round with the team and review the postoperative patients and see any emergency general surgical patients who have been admitted to the hospital that day.
If any patients need emergency surgery, I will perform this during the day or that night. I work with three other general surgeons. One day in four I am on call for a continuous period of 24 hours for acute surgical admissions and any emergency surgical condition that may arise in the hospital.
Wednesday morning begins at 7.30am with a post-take ward round. I review and assess all the patients who have been admitted as an emergency during the previous 24 hours. If anyone needs surgery, I will try to arrange this for Wednesday afternoon or sooner. This is followed at 8am by surgical journal club/case presentations; an important meeting which is largely run by the surgical SHOs and registrars, and attended by all the surgical consultants. I then attend my general surgical clinic followed by my general surgical theatre list on Wednesday afternoon. This usually finishes at 6pm and I carry out a postoperative ward round and post-take review of all the acute admissions and the investigations that the patients have had during that day.

Multidisciplinary meetings

Thursday morning begins at 7.30am with a ward round. After that we have the cancer multidisciplinary team meeting, during which all physicians, surgeons, radiologists and pathologists involved in cancer surgery review all cancer cases. This is one of the most important meetings in the week.
After this meeting I have my bariatric review clinic. I review all patients undergoing weight-loss surgery. Many of the patients I have treated go from being claustrophobic, immobile and sometimes bedridden to ultimately running marathons once they have lost a significant amount of weight. The improvement in their quality of life is really quite dramatic.
It is amazing to see some people change their lifestyles from being TV addicts and agoraphobics to committed athletes in love with the outdoors.
I might have an operation to perform on a patient who was admitted during the week, or a course or conference to attend. I use any spare time to carry out paperwork or surgical research.
I am currently involved in a number of research projects. My particular interests are the benefits of surgical weight loss on medical conditions such as diabetes, hypertension, sleep apnoea and urinary incontinence. I regularly attend national and international meetings and present our research at these meetings. We have submitted two scientific papers to international journals for publication. And our team has published a bariatric book entitled Weight-loss surgery: A comprehensive medical team approach.

Out of hours

My favourite time is spent with my wife, Ursula, our four children, and Davis, our Labrador, near Sliabh Laig in Donegal at the northern part of the Wild Atlantic Way, where we love to swim, kayak, fish and mountaineer. We also all have a keen interest in scuba diving and I am working towards a Divemaster qualification. I have season tickets for Munster and Ireland rugby matches and travel to Thomond Park and the Aviva Stadium whenever possible.

€88bn SAB-Miller takeover in Beverages is a bid to shake up global brewing

   

The world’s two biggest brewers yesterday agreed to create a company making almost one third of the world’s beer after SAB-Miller accepted an offer worth more than $100bn from larger rival Anheuser-Busch InBev.

The SABMiller board said it would give its blessing to a fifth proposal from its sole larger rival. If it goes through, the deal would rank in the top five mergers in corporate history and be the largest takeover of a UK company.
After repeated rejections to its lower proposals, AB InBev said on Tuesday it was willing to pay £44 in cash per SABMiller share, with an alternative for cash and shares set at a discount and limited to 41% of SABMiller shares.
The tie-up could also force change in the wider beverage sector, with SABMiller a large distributor of Coca Cola while AB InBev has ties with rival PepsiCo.
The new group would combine AB InBev’s Budweiser, Stella Artois, and Corona lagers with SABMiller’s Peroni, Grolsch, and Pilsner Urquell. AB InBev would add certain Latin American and Asian breweries to its already large presence and, crucially, enter Africa for the first time.
Africa is expected to see a sharp jump in the legal drinking age population in coming years and a fast-growing middle class more willing to switch to lagers and ales from illegal brews.
For many observers, this would be the final chapter of decades of consolidation in brewing. The big four, AB InBev, SABMiller, Heineken, and Carlsberg are already present across the globe and brewing more than half of the world’s beer.
The new offer surpasses a Monday proposal set at £43.50 in cash and is 50% above SABMiller’s shares on September 14, the day before speculation surfaced about an impending AB InBev approach.
The partial share alternative remains, designed for SABMiller’s two main shareholders, cigarette-maker Altria and the BevCo company of Colombia’s Santo Domingo family, who own 40.5% of the UK-based brewer.
“There’s so much we don’t know, we don’t know what costs they’ll take out, we don’t know what they’ll get for the asset sales that they’ll have to make,” said Morningstar analyst Phil Gorham.
“But if you make reasonable assumptions about those, I think it’s a pretty good price all around.”
There are significant antitrust hurdles to any combination, particularly in the US, where the companies would have about 70% of the beer market.
A deal would likely result in Denver-based Molson Coors acquiring SABMiller’s 58% stake in their US joint venture. Any merged group may also have to sell interests in China, where SABMiller’s CR Snow joint venture with China Resources Enterprise is the market leader.
Mr Gorham said that, of remaining its assets, the beer business of Guinness and spirits maker Diageo looked particularly attractive, with Heineken a possible buyer.
Carlsberg’s new management is likely to have its hands full with sorting out problems in Russia for some time.
“With all the major M&A targets now taken, and M&A so important to brewers’ growth, it raises the question of where next for global brewers as they bid to carry on growing,” said Jeremy Cunnington, a drinks analyst at Euromonitor International.

The melting of the Antarctic ice shelves may double by year 2050

   
The surface melting of Antarctic ice shelves may double by 2050 and surpass intensities associated with ice shelf collapse by 2100 if greenhouse gas emissions continue at the present rate, a new study has warned. 
Ice shelves are the floating extensions of the continent’s massive land-based ice sheets, researchers said.
While the melting or breakup of floating ice shelves does not directly raise sea level, ice shelves do have a “door stop” effect: They slow the flow of ice from glaciers and ice sheets into the ocean, where it melts and raises sea levels.
“Our results illustrate just how rapidly melting in Antarctica can intensify in a warming climate,” said Luke Trusel, lead author and postdoctoral scholar at Woods Hole Oceanographic Institution (WHOI) in US.
“This has already occurred in places like the Antarctic Peninsula where we’ve observed warming and abrupt ice shelf collapses in the last few decades,” said Trusel.
“Our model projections show that similar levels of melt may occur across coastal Antarctica near the end of this century, raising concerns about future ice shelf stability,” he said.
To study how melting evolves over time and to predict future ice sheet melting along the entire Antarctic coastline, the scientists combined satellite observations of ice surface melting with climate model simulations under scenarios of intermediate and high levels of greenhouse gas emissions until the year 2100.
The results indicate a strong potential for the doubling of Antarctica-wide ice sheet surface melting by 2050, under either emissions scenario.
However, between 2050 and 2100, the models show a significant divergence between the two scenarios.
Under the high-emissions climate scenario, by 2100 ice sheet surface melting approaches or exceeds intensities associated with ice shelf collapse in the past.
Under the reduced-emissions scenario, there is relatively little increase in ice sheet melting after the doubling in 2050.
“The data presented in this study clearly show that climate policy, and therefore the trajectory of greenhouse gas emissions over the coming century, have an enormous control over the future fate of surface melting of Antarctic ice shelves, which we must consider when assessing their long-term stability and potential indirect contributions to sea level rise,” said Karen Frey, Clark University Associate Professor of Geography.

These African baby dwarf crocodiles will melt your heart  “I swear”

    
Five baby West African dwarf crocodiles are already swimming alongside their parents – just eight days after hatching.
The youngsters, which measure around 15cm long, hatched following three months of natural incubation at Bristol Zoo Gardens.
They are now exploring the Zoo’s Reptile House along with their “protective” parents, under the close eye of keepers.
Tim Skelton, curator of Reptiles and Amphibians at the zoo, said: “The mother has been with us for over 20 years and we have reared the father since we rescued him over 10 years ago from a customs confiscation at Heathrow airport, so it’s great to see them rearing young so well.
“They are proving to be good and protective parents so we have let them get on with looking after the new arrivals with very little intervention.
“They seem to be doing well but we are keeping a close eye on them while they are still very young.”
It is the third breeding success for the species at Bristol Zoo in the past four years.
Despite being a powerful predator, the West African dwarf crocodile is under threat due to hunting for their meat and habitat loss through deforestation and logging.   

Wednesday, July 1, 2015

Donie's Ireland daily news BLOG

Ireland’s existing health system demands an extra €1bn to run it?

Says Leo Varadkar

  

The Minister for Health Leo Varadker says serious questions about health funding must be answered.

The Minister for Health Leo Varadkar, says serious questions about the level of funding for current healthcare must be answered if the country aspires to an adequate health system.
The health service needs as much as another €1 billion of investment to simply meet existing demands, and even more is required to cope with a growing and ageing population, Minister for Health Leo Varadkar has said.
Mr Varadkar, writing in Wednesday’s Irish Times, also says serious questions about the level of funding for healthcare must be answered if the country aspires to an adequate health system.
“Questions remain, such as whether we are willing as a society to pay for it, and whether we are willing to embrace the major organisational changes required,” he says. “This will require courage and trust, but I am confident that with the right vision we can succeed.
“No form of universal healthcare is possible unless we are willing to find the resources needed to make it work.”
Underfunded service
He says an underfunded service will be a poor service, even if it is well organised.
“With the current staffing of specialist doctors, midwives and nurses, critical care beds and other capacity, no system of universal healthcare will be able to deal with unmet demand.
“What really matters is having adequate well-trained staff, sufficient capacity and infrastructure, good organisation, management and financial control, clinical governance, quality and safety systems.”
Meeting existing, unmet needs “would cost between €700 million and €1 billion, on top of the natural increase needed every year to cope with a rising and ageing population”, an amount he says seems like a lot but would only restore health budgets to where they were eight years ago.
Mr Varadkar also outlines how he believes primary care can be achieved over five years, effectively the duration of a second term in office.
Whether the funding for future health needs comes from the exchequer or an insurance-based system like Universal Health Insurance is secondary to whether enough money is made available, and whether it is correctly spent, he says.
The Irish Times reported earlier this week that the annual cost of UHI, championed by Mr Varadkar’s predecessor Dr James Reilly, could be between €2,000 and €3,000 to cover a standard package of benefits for one adult.
External consultants also told the Government in a confidential report the estimated cost of a more comprehensive series of benefits could be between €3,000 and €4,000 per year, far higher than previously estimated

About 70% of Irish households register with Irish Water on time for grant

But we still do not know exactly how many people have paid their first bills to the semi-state body.

 

An estimated 70% of householders had registered with Irish Water by Tuesday’s deadline date to allow them claim a €100 water conservation grant from the Government.
It is still not known exactly how many people have paid their first bills to the new semi-state company.
The first quarterly billing cycle for Irish Water was for January, February and March, with the first bills landing in April. The second round of bills will be sent out from July onwards.
It is understood the board of Ervia, Irish Water’s parent company, has been informed of the level of payments but is not yet known when the figures will be released.
A Government spokesman said on Tuesday the figures will be published “in due course” and added the Coalition would have “no issue” with publication of the figures once they have been finalised by Irish Water.
Under severe pressure
The Government has come under severe pressure from the Opposition to publish the figures, and another anti-water charges protest is planned for outside the Dáil tonight.
An Irish Water spokeswoman said over 1.32 million people, or 70 per cent of those who can register with the semi-state, had done so as of earlier this week.
Registering with the company does not mean a householder has to pay their water charges, and they are entitled to claim the €100 grant even if they do not pay.
The grant will be administered and paid by the Department of Social Protection, and a separate application process for the payment of the €100 will open later this year.
Of the 1.32 million who have registered, about 80 per cent are customers who will be billed for their water, while the remaining 20 per cent have their own water services, such as group water schemes.
An estimated 1.5 million households are either connected to mains water or waste water services, which means they will be billed by Irish Water. Some 1.05 million of those – 70 per cent – have registered.
The spokeswoman said while Irish Water experienced a lot of activity on Tuesday, it was not enough to hugely change those figures.
Meanwhile, the lifting of boil water notices for thousands of people “would simply not be possible” without Irish Water, Minister for the Environment Alan Kelly has said.
He was speaking after the company confirmed the HSE had lifted boil water notices for 11,300 customers in the Killeglan and Castlerea areas of Co Roscommon.
This came after Environmental Protection Agency (EPA) inspections of related water treatment plants earlier this week.
A boil water notice for 6,000 customers in Boyle was lifted on May 1st.
“This now means that over 17,000 people can drink their water in Roscommon this year that couldn’t last year,” said Mr Kelly.
“This would simply not be possible without the creation of Irish Water. Irish Water was able to target and prioritise these vulnerable areas and bring to a close the sorry saga of boil water notices in quick fashion.
“I have no doubt that similar successes will be replicated throughout the country.”
John Tierney, Irish Water’s managing director, said dealing with the boil water notices had been a “top priority” since the utility came into existence.
“Irish Water as a national water utility has been able to fast-track and co-ordinate the completion of this and other projects in Co Roscommon so that boil water notices will be lifted for 22,700 customers in Roscommon by the end of this year,” he said.
“We acknowledge the work of the contractors and Roscommon County Council in helping us to achieve this.”

Ireland’s national house prices are up 1.7% in second quarter

Says Myhome.ie

   
The average asking price nationwide for a house is €202,000
House price growth continued in April, May and June with the national asking price rising by 1.7% in the three month period, while prices were up 6.1% on the year.
According to the latest house price survey from MyHome.ie, the rate of increase was higher in Dublin with prices up 2.3% over the three months, and 10.4% on the year.
The average asking price nationwide is €202,000, while in Dublin it is €282,000, according to today’s figures.
MyHome.ie also noted that cash buyers still account for over 50% of transactions in the housing market.
The author of today’s report, Conall MacCoille, chief economist at Davy, said the data pointed to a modest increase in house prices for the rest of the year.
The economist said that while the outlook remains uncertain, he believes house prices look set to rise by close to 10% for the calendar year.
“However as the figures for new instructions indicate, annual price inflation is likely to slow towards 5% by the end of the year. This is not a negative given that wages have not kept pace with house prices, stretching affordability,” he added.
Today’s report also found some evidence that the supply situation for housing was beginning to improve.
Angela Keegan, Managing Director of MyHome.ie, said the total number of homes listed on the site rose by 9.4% between the first quarter and the second quarter.
“The upward trend has been most marked in Dublin where we now have 5,550 properties listed, up 18.6% from March,” she added.
Ms Keegan also said that transaction levels remained strong early in 2015, but as with supply, they are coming off a low base.
In the first four months of the year for which the data is close to complete, transaction values are up 59% and by 48% in volume terms on the same time last year.
“While it is encouraging to see the market moving in the right direction the bigger picture continues to show that the Irish housing market remains illiquid. It’s clear we still have some way to go before we can say we have a properly functioning market,” Ms Keegan stated.
With a general election looming, Davy economist Conall MacCoille urged the Government to avoid introducing any measures aimed at relaxing credit constraints and inappropriately stimulating demand even further.
“The key to restoring a healthy Irish housing market is to implement sorely needed measures to alleviate planning and other bottlenecks that are holding back housing supply,” the economist stated.

BBC Three to be axed despite an outcry

   
The BBC’s director-general Tony Hall last week said the BBC needed to make some more cuts.

BBC3 has been the launchpad for hits such as Gavin and Stacey

BBC Three is to be axed from television despite evidence that moving the youth-oriented channel online will offer poor value for money.
The BBC Trust has given provisional approval to the plans, which, by its own analysis, are likely to limit the channel’s reach among young audiences and alienate viewers in ethnic-minority, lower-income and rural households.
The recommendations will disappoint actors such as Aidan Turner, Olivia Colman and Daniel Radcliffe, who joined the campaign to save the 12-year-old channel, praised as a seedbed of talent that has given many household names their first break.
The trust said the decision had

Children in Ireland who have been diagnosed with cancer

Will be issued with medical cards for five years

    

THE CHANGE WILL APPLY AUTOMATICALLY FROM TOMORROW,

Children under 18 who have been diagnosed with cancer will be issued with a medical cards for five years.
The change will apply automatically from tomorrow, July 1st, according to Fine Gael Senator Colm Burke and TD Mary Mitchell O’Connor.
On a support page for Lucy O’Connor – a nine-year-old girl who was diagnosed with a rare type of cancer in September 2014, and was refused a medical card until February this year – her family writes “one of the positives of going public, with Lucy’s story, is that from July 1st 2015, all children under 18, diagnosed with cancer in Ireland, will receive a medical card for 5 years.”
“Delighted that no other family will have to go public with their story. In saying that, the support from you all has been amazing, so thank you,” the post adds.
Minister for Primary Care, Kathleen Lynch, says it is a key recommendation of the Clinical Advisory Group which was set up to look at medical card eligibility.
Deputy Lynch said, “this decision is welcome. It is in line with the more compassionate approach that we have adopted towards awarding discretionary medical cards.
“I support it and look forward to the HSE implementing it in an efficient and sensitive manner,” she adds.
The free GP care for children under six scheme is also set to commence tomorrow.

Northern Ireland firm 3fivetwo buys Sligo hospital 

  

A Northern Ireland’s large private healthcare firm is expanding into the Republic as part of its “multi-million pound” investment after buying a private hospital in Sligo.

3fivetwo is finalising a deal to acquire the 19-bed St Joseph’s Hospital, which is set to be rebranded as Kingsbridge Private Hospital Sligo, in a nod to the firm’s private business in Belfast.
The deal secures all 60 jobs at the hospital, and 3fivetwo has said it’s aiming to create new roles on the back of the deal.
The value has not been disclosed, but it is understood much of the “multi-million pound” figure will go towards the “expansion and development of services in the years ahead”.
And the final sale is expected to be agreed in the new few weeks.
Headquartered on the Lisburn Road in south Belfast, the group – which boasted increased turnover of more than £40m in its last set of published accounts – employs 240 staff. That’s alongside the services of a further of 400 consultants and 300 nursing staff.
St Joseph’s Hospital was founded in the 1950s and until early last year was part of the Mount Carmel Medical Group.
Mark Regan, 3fivetwo group development director, told the Belfast Telegraph: “It’s a multi-million pound investment, not in the purchase alone but in the expansion and development of services in the years ahead. You can’t put a price on the provision of healthcare to a local community.
“In addition to obvious benefits for patients, the securing of hundreds of jobs at KPH Sligo and peripheral suppliers is priceless.”
And earlier this month the firm revealed it was adding another 20 jobs as part of a £3m investment.
The company said plans for growth were in response to increasing demand for private health due to budget cuts, soaring waiting lists and pressure on public services.
It now has three facilities in south Belfast, including cosmetic surgery, dental and fertility businesses.
It also operates the Chelsea Private Clinic on King’s Road, London.
And Kingsbridge Private Hospital on Belfast’s Lisburn Road is now being extended in a £2.5m project.
Signs of human-esque communication discovered in babbler birds

A key element of the human language has been discovered in the Australian babbler bird.

  

A key element of human language has been discovered in the babbler bird.

Stringing together meaningless sounds to create meaningful signals was previously thought to be the preserve of humans alone, but the new study has revealed that babbler birds are also able to communicate in this way.
Researchers at the Universities of Exeter and Zurich discovered that the chestnut-crowned babbler, a highly social bird found in the Australian Outback, has the ability to convey new meaning by rearranging the meaningless sounds in its calls.
This babbler bird communication is reminiscent of the way humans form meaningful words. The research findings, which are reveal a potential early step in the emergence of the elaborate language systems we use today.
Lead author Sabrina Engesser from the University of Zurich said that although previous studies indicate that animals, particularly birds, are capable of stringing different sounds together as part of a complex song, these songs generally lack a specific meaning and changing the arrangement of sounds within a song does not seem to alter its overall message.
In contrast to most songbirds, chestnut-crowned babblers do not sing. Instead its extensive vocal repertoire is characterised by discrete calls made up of smaller acoustically distinct individual sounds, she added.
Researcher think that babbler birds may choose to rearrange sounds to code new meaning because doing so through combining two existing sounds is quicker than evolving a new sound altogether, said co-author Andy Russell.
The researchers noticed that chestnut-crowned babblers reused two sounds “A” and “B” in different arrangements when performing specific behaviours. When flying, the birds produced a flight call “AB”, but when feeding chicks in the nest they emitted “BAB” prompt calls.
The authors report that in the chestnut-crowned babbler, the first sound element “B” is what seems to differentiate the meaning between flight and prompt vocalisations, akin to cat and at in English, where the c represents the meaning differentiating element, or phoneme.