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Wednesday, 26th October 2016

It’s official – Ireland’s favourite Irish cocktail is the Apple Market featuring Drumshanbo Gunpowder Irish gin and created by Waterford Bar - Davy Macs.

The announcement follows last week’s national cocktail festival run by Great Irish Beverages, which featured over 90 venues across the island of Ireland. All participating venues created a signature Irish cocktail for the duration of the festival and the public was invited to vote for their favourite via social media.

The winning Irish cocktail, featuring Drumshanbo Gunpowder Irish Gin, Licor 43, fresh mint, fresh apple, sugar syrup and fresh lemon, won the vote hands down.

Oisin Davis of Great Irish Beverages says this is a phenomenal win for Davy Mac’s: “This is the second time both Davy Macs and Drumshanbo Gunpowder Irish gin are making waves. Just

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Wednesday, 26th October 2016

Michael Garland, bizBoost Chair,

Waterford Business Group

Just where is OUR money???

We have heard many a local radio news snippet, over recent months and read countless column inches in our local newspapers, about the millions of Euros promised for Waterford’s infrastructural projects. These projects were to be “game changers” that would bring some parity to the complete lack of “regional investment” over countless numbers of years.

Yet, we are now, how many weeks on, from the last General Election and can anyone honestly says we have received a €1 towards these so called “game changers”? So many political representatives indicated that these would bankroll Waterford’s economic future.

The North Quay, where work seems to have literally ground to a halt. Due, I am sure, to engineering concerns around weight loadings on the old, frail and fragile “piles” that are precariously holding up the hundreds

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Wednesday, 26th October 2016

“Inexperienced landlords can unwittingly make mistakes on their return – that end up costing them in the long-run”

As the October 31st self-assessed tax deadline approaches, experts at Taxback.com are forecasting a bumper year for Revenue in terms of the tax paid by landlords throughout the country. The leading tax refund specialists say that, due to soaring rents in many parts of the country, the amount of tax owed by landlords will increase this year resulting in a Revenue windfall of sorts.

Barry Flanagan, Senior Tax Manager at Taxback.com explained, “According to the most recent figures (Aug 2015) the number of landlords registered with the PRTB was 170,613. The latest Daft.ie report found that the average rent nationwide has risen by over one third since bottoming out in 2011 and has surpassed its 2008 peak. Monthly rents are now almost 10% higher

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Wednesday, 26th October 2016

ROCKVILLE, NEWTOWN, WATERFORD

A substantial property located at the junction of Passage Road and Newtown Road has been sold by REA O’SHEA O’TOOLE. The property comprising of a delightful three storey over-basement house and mews on 1 acre retains all its original Architectural features and was renovated for office use in 1970, it is Listed in the National Inventory of Architectural Heritage.

REA O’SHEA O’TOOLE stated that there was considerable interest in the property, they oversaw approximately thirty viewings. The Agents have recently sold several other Period properties in the city and they commented that there is a strong demand from local, national and overseas buyers.

RESIDENTIAL SALES IN SEPTEMBER IN WATERFORD CITY WERE IN EXCESS OF €6 MILLION

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Wednesday, 26th October 2016

John Smiles

Qualified Financial Advisor

What is Currency Hedging?

Currency movements can have important effects on the return of unhedged foreign investments. For a Eurozone investor, currency returns are positive and increase the returns of unhedged foreign investments when the euro weakens. When the euro strengthens, currency returns are negative.

In 2014, the euro fell by about 7% against the pound sterling. This fall increased the returns of unhedged sterling-denominated investments held by Eurozone investors. Since June 2016, the pound sterling has fallen by 14% against the euro which has reduced the value of unhedged sterling-denominated investments held by Eurozone investors. Many investors, concerned by the impact of such currency movements on their investment returns, ask about the merits of hedging currency exposure within the international component of their portfolio.

Currency volatility is common and from 1974–2014, annualised currency returns, relative to a basket of

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Wednesday, 19th October 2016

Michael Garland,

bizBoost Chair,

Waterford Business Group

Band!

As I have said and written about, on too many occasions to mention, this City has a smorgasbord of latent talent that just needs the right mechanisms to be showcased. We really do have leaders in so many fields. But,

unfortunately the flip side to this is that we don’t in truth actually seem to be able shout from the rafters, to tell the outer reaches of our region that this is the case.

I have been attending the Massed Bands Concert now for a numbers of years and this year my Mother, Pam, and her partner, Ally, made their way from Scotland, by land and sea, to stay in Dunmore East for the last three weeks. This trip coincided with the Massed Bands Concert and naturally I wished to bring them along to hear some of the

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Wednesday, 19th October 2016

The Barony of Gaultier Historical Society is delighted to announce its October Lecture which is titled “John Hearne Waterford forgotten architect of the 1937 Constitution”.

The lecture will be given by the well-known

historian, Eugene Broderick.

The venue for the lecture is The Three Sisters Inn, Dunmore East Wednesday 19 October, with a start time of 8.00pm. Admission is €5 and all are welcome.

John Hearne’s father Alderman Richard Hearne was born in Drumrusk, Gaultier.

On 29 December 1937 the new Irish Constitution came into operation. On that day Eamon de Valera presented a copy to Waterford born John J. Hearne (1893-1969), the legal adviser in the Department of Foreign Affairs, on which he wrote: 'To Mr John Hearne, architect in chief and draftsman of this Constitution, as a souvenir of his work and in testimony of the fundamental part he took in framing this

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Wednesday, 19th October 2016

Commenting on the tax changes in the Budget, Ronan McGivern, Tax Partner, Russell Brennan Keane said that "the two key factors shaping this Budget are the domestic housing crisis and the external risks to Ireland’s economy, and in particular the risks associated with Brexit. In this regard the measures introduced for first time buyers may not be enough to stimulate supply.

In relation to protecting against future economic risks the Minister has focused on putting in place “shock absorbers” to assist in eliminating such shocks with the intention of ending the “boom and bust cycles” that we have seen in the past.

Overall according to Mr. McGivern, "This budget is quite unique given the number of parties “fingerprints” on it. The Minister in the first Budget of this Government has delivered a careful budget that is focused on prioritising the repair of

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Wednesday, 19th October 2016

John Smiles

Qualified Financial Advisor

Who will win in the

‘Marmite’ wars?

Since the Brexit referendum on 23rd June Sterling has been under pressure, falling from 76p against the euro to 90p now. Last week, one of the world’s biggest multinationals, Unilever, sought to push through a price increase of 10% on its products such as Marmite, Hellmann’s Mayonnaise and Ben & Jerry’s ice-cream. A spat developed between Unilever and Tesco, the biggest UK retailer who refused to accept the proposed price hike and pulled those items from its online store.

Unilever clearly feels it can push through the price increases it is demanding, due to the power of its brands such as Hellmann’s, Magnum, Dove, Knorr and Lipton’s. Tesco clearly feels it cannot push through the price increases because the supermarket is locked in a brutal battle for market share. The problem seems to

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Wednesday, 19th October 2016

Well known premises at 29 Parnell St, Waterford which formerly

operated as Bank of Ireland has been sold by joint agents Sherry FitzGerald John Rohan and Savills.

Selling agent John Rohan commented "This property presented a superb option to a purchaser on numerous levels and offers quality modern accommodation in a fantastic location. The inclusion of numerous parking spaces was an added bonus. Given the positive turnaround in the commercial property market, it was no surprise we experienced such interest in this property and not just from the local market. "

Strategically located on Parnell St adjacent the junction to Manor St and John St, the property accommodates approximately 500 sq m over two floors.

John Rohan concluded "This sale is a good result for Waterford and provides a strong sign of confidence in the city."

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Letters to the Editor

  • OUR VIEW

    Republican Icon diesThe death of Martin McGuinness in Derry yesterday morning brings to an end the life of one of the most remarkable Republicans ever in the history of the movement. A person who made the transition from violent militarism to a key figure in the peace process in Northern Ireland. He died aged 66 in Derry’s Altanagelvin Hospital with his family by his bedside.A former member of the IRA’S Army Council he became Sinn Fein’s Chief negotiator in the peace process. He led the Sinn Fein P …

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