Mr. David Broderick:

That was a general figure by Deloitte. There is no doubt our colleagues in the restaurant sector and certain other sectors are more exposed. The Small Firms Association is sector agnostic. While we are talking about specific areas which absolutely do need help and support, as they are our members as well, it is import to remember the same pains and cost pressures are happening across all members we speak to. That is an important point. That is why the PRSI rebate would be an efficient way, cross sector, of getting support into the pockets of hard-pressed business owners. That is why we would focus on that solution.

On borrowing, people borrowed in the past with personal guarantees and had more personal exposure so perhaps there is a fear within that. When you look at where they borrowed, they have borrowed but they are borrowing from family and friends as opposed to professional institutions. That could be something - these infamous people who had money left over after Covid. I do not know who they are who had that spare €20,000, €40,000 or €50,000 but that is a particular element as to why that is happening. It would not show up in figures across the board if there is inter-family borrowing. I hope that covered the two particular elements.