Oireachtas Joint and Select Committees

Wednesday, 1 October 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

Competitiveness and the Cost of Doing Business in Ireland: Discussion (Resumed)

2:00 am

Mr. Neil McDonnell:

Get out of the way. Stop over-regulating. Family businesses are respected in European countries and they are the businesses that grow biggest. They scale. We see that in South Korea. We see it with the likes of Lego in Denmark. They are family businesses that scale. Family businesses do not scale in Ireland because, unfortunately, there is a view in the Department of Finance quite literally that they are expense-fiddling tax-dodging wasters. We need to develop a respect for our family businesses that can scale. If we think about the household big business names such as Ryanair, CRH, DCC, Kerry or Paddy Power, only Ryanair and Kerry to a lesser extent remain listed here. The rest have just left and they are not the sorts of businesses we would have viewed as scaling yet they are enormous employers and great businesses.

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