Tag Archives: Sunday Business Post

Funding the Sheugh

The Sunday newspaper read by the better class of person tells us today [paywalled]:

Coalition frees up cash for construction

The government has signalled that it intends to spend more money next year on building projects in a bid to use spare cash, including savings from the promissory note deal, to stimulate the economy and promote job creation.

The Department of Public Expenditure has written to other government departments asking them to submit lists of capital projects in addition to what has already been planned.

The projects selected are likely to include housing, retro-fitting of housing stock, schools, local roads, primary care centres and other health facilities and it is hoped to boost job creation, especially in the decimated construction sector. It is likely that preference will be given to “shovel-ready” projects that can be progressed to the tender stage almost immediately.

I suppose it’s a change from piers and seed potatoes and other famine relief works. I wonder what the Department of Arts Heritage and the Gaeltacht will be digging out of its bottom drawer.

53 Percy Place, Dublin

53 Percy Place, Dublin

And I wonder whether 53 Percy Place, which was to be sold, and was expected to raise €1 600 000 for the Clones Sheugh, will still be in WI’s hands in a year or two.



Spencer Dock

The Royal Canal meets the River Liffey at Spencer Dock (more or less: older OSI maps suggest that the section between Sheriff Street and the Liffey is Royal Canal Docks, with Spender Docks north of Sheriff Street). Much development has been proposed, and perhaps undertaken, in the area, where CIE (the public transport authority) owned much land.

Now, the Sunday Business Post tells us [perhaps behind a paywall], CIE’s subsidiary Irish Rail, which runs railways, is to sell land at Spencer Dock to a “private sector buyer”. The proceeds will enable Irish Rail to get rid of another 120 workers: it planned to lay off 300 workers this year but only 89 left because Irish Rail could not afford the terms of a voluntary redundancy scheme. The departures will reduce its wage bill.

I don’t really understand why CIE doesn’t simply shut down Irish Rail altogether, with the possible exception of the Dublin commuter services. Even its main-line trains are surely unnecessary now that most major conurbations are linked by motorways, on many (if not all) of which Bus Éireann, another subsidiary of CIE, runs express services. Lunatic ideas like the Western Rail Corridor don’t help, of course, but when, as the SBP reports,

[…] a train was recently left stranded in Galway after a local supplier refused to provide further credit […]

and when the company (again according to the SBP) cannot afford toilet rolls or receipt rolls for credit card machines, it may be that the market is trying to give the owners of the business a message: “close down now”.


A Winn for the Grand

In today’s Sunday Business Post Jasper Winn, the paper’s Hardy Outdoor Correspondent, describes a five-day walk along the Grand Canal, from Harold’s Cross to Shannon Harbour. He did it in winter, camping out on the bank overnight despite its being so cold that the canal froze over, and finishing some of his days’ walks in the dark.

The SBP operates a paywall so you may not be able to see the page, but this is the link in case you want to try.