Finance Minister Paschal Donohoe has performed a u-turn on the controversial concrete block levy as he cut the rate to 5% and pushed back its introduction by five months.
Fianna Fáil backbenchers have claimed victory in the ongoing row, with some TDs saying privately that they would be “amazed if it ever saw the light of day” following the decision.
Minister Donohoe backed down on the introduction of a 10% levy on concrete products following concerns that the measure would have on the price of houses.
