A special Cabinet meeting will be held today to finalise details of Budget 2014 which is due to be announced in just 2 days time – on Tuesday 15th October.
Both Enda Kenny and Michael Noonan said over the weekend that there will be some good news in the Budget . Michael Noonan was reported to have said that people would be “astounded” by the good news in the budget whilst Mr Kenny just hinted that smaller businesses will fare well.
It is likely that spending cuts in the areas of social welfare and health are those that are still to be decided today.
We already heard last week that the Budget will cut €2.5bn from the economy instead of the expected €3.1bn .