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09/02/2009
Lenihan Pressures Banks For Small Business Credit
The Minister of Finance has said the Government is applying pressure to Irish banks to grant credit to small businesses.
The Government is also seeking assurances around the repossessions of homes and a dramatic reduction in pay and bonuses in the banking sector will also be required, Mr Lenihan said.
According to the Irish Small and Medium Sized Enterprises Association, businesses have experienced an 82% increase in layoffs, and have called on the government to outline some measures to address the "rampant" unemployment rate.
ISME Chief Executive, Mark Fielding, said: "it is absolutely essential that initiatives are immediately announced to address our lost competitiveness and in particular the business cost environment, one of the highest in the OECD.
"If we as a Country are to turn this mess around, it is imperative that the Government show decisive leadership."
(DW/BMcC)
The Government is also seeking assurances around the repossessions of homes and a dramatic reduction in pay and bonuses in the banking sector will also be required, Mr Lenihan said.
According to the Irish Small and Medium Sized Enterprises Association, businesses have experienced an 82% increase in layoffs, and have called on the government to outline some measures to address the "rampant" unemployment rate.
ISME Chief Executive, Mark Fielding, said: "it is absolutely essential that initiatives are immediately announced to address our lost competitiveness and in particular the business cost environment, one of the highest in the OECD.
"If we as a Country are to turn this mess around, it is imperative that the Government show decisive leadership."
(DW/BMcC)
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16 December 2011
North's Large Stores 'Tax' Boosts Smaller Ones
The North is to introduce a controversal levy on large stores - but at a lower rate than originally proposed. The 'Tesco tax' as it has been named means that large retailers might then limit investment - and cost job creation opportunities.
North's Large Stores 'Tax' Boosts Smaller Ones
The North is to introduce a controversal levy on large stores - but at a lower rate than originally proposed. The 'Tesco tax' as it has been named means that large retailers might then limit investment - and cost job creation opportunities.
25 August 2011
Powerful Rise In Electricity Bills Condemned
Independent shopkeepers across the North are angry about a 'shock' rise in the cost of electricity. The NI Independent Retail Trade Association (NIIRTA) has expressed major concern about the announcement by the Irish Republic-owned Power NI [formerly NIE] of a 20% electricity hike for both domestic and small business customers.
Powerful Rise In Electricity Bills Condemned
Independent shopkeepers across the North are angry about a 'shock' rise in the cost of electricity. The NI Independent Retail Trade Association (NIIRTA) has expressed major concern about the announcement by the Irish Republic-owned Power NI [formerly NIE] of a 20% electricity hike for both domestic and small business customers.
17 June 2011
Taoiseach Attends Small Business Advisory Group Launch
The Taoiseach, Mr Enda Kenny, has attended the first meeting of the Small Business Advisory Group which is being chaired by John Perry, the Minister For Small Business. The Taoiseach welcomed the initiative taken by John Perry in establishing the Small Business Advisory Group and thanked the members for agreeing to participate.
Taoiseach Attends Small Business Advisory Group Launch
The Taoiseach, Mr Enda Kenny, has attended the first meeting of the Small Business Advisory Group which is being chaired by John Perry, the Minister For Small Business. The Taoiseach welcomed the initiative taken by John Perry in establishing the Small Business Advisory Group and thanked the members for agreeing to participate.
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Ireland WeatherThis Evening and Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
