Mr. Michael Carey:

The businesses and owners have the ambition. I come across businesses of real scale, that have a turnover of hundreds of millions of euro and are well run Irish businesses that have the ambition to grow. There are barriers we need to identify and the State has a crucial role to play in helping to remove those barriers to allow more of those businesses to grow. Some will not make it. It is not a perfect world. Businesses with that level of ambition may stumble or may limit their growth but the ones that grow can be successful and there are dozens of them. We need a specific programme around scaling.