Dáil debates
Thursday, 18 April 2024
Ceisteanna Eile - Other Questions
Enterprise Support Services
11:40 am
Aindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source
The cumulative cost impact report has been published.
Through that report, Government acknowledges the range of different pressures on various enterprises, but also that certain sectors are under more pressure than others. Hospitality and retail, for example, are seeing a close to 7% increase in their costs in 2024 and that is projected to be up to 20% by 2026. It is clear there are different sectors under phenomenal pressure. We readily acknowledge there has been a very extensive range of supports, which are very welcome. As they are gradually being withdrawn, the pressure is coming on these various sectors and businesses. These are businesses that have, over many years, weathered different storms and have the expertise on hand to do that. They are finding a range of different costs are being added on at this point, which adds to the pressure on them. Is there a plan for coping with that in particular?
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