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Written Answers — Economic Competitiveness: Economic Competitiveness (25 Jan 2012)

Richard Bruton: The National Competitiveness Council (NCC) monitors business cost and competitiveness issues facing the Irish economy and offers recommendations on policy actions required to enhance Ireland's position in these areas. The NCC does not rank the top 5 barriers, it uses 127 indicators to benchmark competitiveness across a wide range of issues, including: o Macroeconomic stability o Business...

Written Answers — Job Losses: Job Losses (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 11 and 28 together. As Minister for Jobs, enterprise and Innovation, I am acutely aware of the number of jobs lost in recent years in every region of the country and I fully appreciate the impact of these job losses, not just on the employees concerned and their families, but also on the wider community. Therefore, job creation is at the top of the...

Written Answers — Credit Guarantee Scheme: Credit Guarantee Scheme (25 Jan 2012)

Richard Bruton: The Deputy is referring to the targeted Temporary, Partial Credit Guarantee Scheme which is currently being progressed as a matter of priority by my Department. An Invitation to Tender was published on Monday 5th December to select on Operator who will be contracted by my Department to act as its agent for the practical oversight, management and operation of the Scheme. The tendering process...

Written Answers — Industrial Development: Industrial Development (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 13 and 27 together. The Pharmaceutical and ICT sectors make a very significant contribution to the Irish economy in terms of export earnings and employment. The Medical, Pharmaceutical and Chemical sectors accounted for €46 billion, or 51%, of total Merchandise exports in 2010. Computer components and electronics accounted for €8 billion of Merchandise...

Written Answers — Enterprise Support Services: Enterprise Support Services (25 Jan 2012)

Richard Bruton: The role of Government is to create the conditions where enterprise, entrepreneurship and innovation can flourish and quality employment opportunities can be grown and maintained, and all of the actions that we have taken since coming into office have focused on creating these conditions across all regions. The sustainability of our regions will be significantly shaped by interaction with...

Written Answers — Employment Rights: Employment Rights (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 17 and 26 together. Inspectors of the National Employment Rights Authority (NERA), following complaints, called to all of the Jane Norman stores and concessions operating within the State in an effort to establish the position on the ground. The NERA Information service gave information to the employees on their entitlements and on the practical business of...

Written Answers — Redundancy Payments: Redundancy Payments (25 Jan 2012)

Richard Bruton: Responsibility for the operation of the statutory Redundancy Payments Scheme falls within the remit of the Minister for Social Protection and the legislation governing that scheme does not fall within my Department's purview. I understand that in accordance with the Redundancy Payments Acts 1967 – 2007 employees who have two years continuous service with an employer, are aged 16 years or...

Written Answers — Industrial Development: Industrial Development (25 Jan 2012)

Richard Bruton: Over many years, Ireland's pharmaceutical strategy has been to win leading company investment and to diversify the breath of operations over multiproduct sites including associated services and development of new compounds. Ireland has been enormously successful in attracting eight of the global major players and the world's number one biotechnology company to Ireland. In addition, Ireland...

Written Answers — Job Creation: Job Creation (25 Jan 2012)

Richard Bruton: Job creation is at the top of the Government's agenda. Since we came into office, we have been working hard to create the improved economic conditions which will support the maintenance of existing jobs and the creation of new ones. Our objective is to put the country back on the road to economic recovery and full employment. The achievement of balanced regional growth is a core objective...

Written Answers — Job Creation: Job Creation (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 22 and 107 together. Job creation is at the top of the Government's agenda. Since we came into office, we have been working hard to create the improved economic conditions which will support the maintenance of existing jobs and the creation of new ones. The Government's Jobs Initiative, which was announced last May, was aimed at building confidence to...

Written Answers — National Asset Management Agency: National Asset Management Agency (25 Jan 2012)

Richard Bruton: I will bring the Deputy's suggestion to the attention of both the Minister for Finance who has responsibility for National Asset Management Agency legislation and the Minister for Social Protection who has functional responsibility for payment of statutory entitlements to those who are made redundant, including in cases where companies are insolvent.

Written Answers — Job Protection: Job Protection (25 Jan 2012)

Richard Bruton: As stated previously, my priority is that any decision taken by Bank of America will have minimal impact on employees at the Carrick on Shannon operation and ensure that jobs are maintained at the facility. The process regarding the sale of Bank of America's Irish and UK credit card businesses is ongoing. There is considerable interest in both the MBNA Ireland portfolio and the MBNA UK...

Written Answers — Job Creation: Job Creation (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 25 and 32 together. The role of the Government is not to create jobs, but rather to facilitate employment creation. Since coming into office, we have been working hard to create the improved economic conditions which will support the maintenance of existing jobs and the creation of new ones. Our objective is to put the country back on the road to economic...

Written Answers — Commercial Rents: Commercial Rents (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 29 and 100 together. Policy responsibility for upward-only rent reviews comes within the remit of the Minister for Justice and Equality, Deputy Alan Shatter. I do not have specific data on the impact of upward-only rent agreements but the National Competitiveness Council provides some data on rents generally. Rent represents an average of 2% to 7% of total...

Written Answers — Industrial Development: Industrial Development (25 Jan 2012)

Richard Bruton: Multi National Enterprises are a very significant component of the Irish enterprise sector and will continue to play an important role in our economy. IDA Multi National client companies support over 146,000 direct jobs and spend €19 billion in the Irish economy each year. The environment for Foreign Direct Investment remains robust and has created core strengths in key sectors. However,...

Written Answers — Enterprise Support Services: Enterprise Support Services (25 Jan 2012)

Richard Bruton: Support for micro-enterprises, small businesses and new start-ups is provided by my Department through the wide range of assistance offered by the County and City Enterprise Boards (CEBs) and Enterprise Ireland. The role of the CEBs is to provide support for micro-enterprises in the start-up and expansion phases, to promote and develop indigenous micro-enterprise potential and to stimulate...

Written Answers — North-South Co-operation: North-South Co-operation (25 Jan 2012)

Richard Bruton: I propose to take Questions Nos. 34, 36 and 46 together. During 2011, I attended the Trade and Business North South Ministerial Council, which I chaired, and two meetings of the North South Plenary between the Taoiseach and First and Deputy First Ministers. The Ministers of State at my Department and I also attended a number of North South conferences and events during the course of 2011....

Written Answers — Enterprise Support Services: Enterprise Support Services (25 Jan 2012)

Richard Bruton: The Campus Incubation Centre Programme is delivered by Enterprise Ireland and supports the development of projects at the micro-enterprise stage. Over the last 15 years, funding of approximately €55 million has been provided through the Enterprise Ireland programme for the establishment of business incubation centres on higher education campuses throughout Ireland. The programme has...

Written Answers — Economic Competitiveness: Economic Competitiveness (25 Jan 2012)

Richard Bruton: The cost base of doing business is one of the key issues which determines Ireland's national and international competitiveness. Through actions already taken in the Jobs Initiative and the recent Budget, the Government has taken steps to address many of the competitiveness challenges facing the Irish economy, including reducing costs, improving access to finance for enterprise and reforming...

Written Answers — Job Protection: Job Protection (25 Jan 2012)

Richard Bruton: While I am informed that the company in question is not an enterprise development agency assisted company, I am most concerned to hear about these potential job losses in Navan. I fully appreciate the impact that job losses have on the employees concerned and their families, but also on the wider community. This Government is fully committed to its role of facilitating employment creation....

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