Results 1-20 of 1,552 for in 'Dáil debates' speaker:Peter Burke

Business Support Package: Statements (23 May 2024)

Peter Burke: I welcome this opportunity to address the House on recent measures the Government has taken to reduce costs for small- and medium-sized businesses. SMEs are the backbone of our rural and regional communities and are central to Ireland's ability to build a broad-based and successful economy. Of a total of approximately 350,000 small- and medium-sized companies in Ireland, 325,000 employ...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: It is okay, I can multitask.

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I thank all the Deputies for their contributions. I agree with Deputy O'Connor. Cork County Council is the largest local authority in the country and it has the money. We do need to see action now and I will be demanding it over the next few days. As I said, I spoke with the head of the CCMA finance committee. I have written to all chief executives this morning on foot of the change last...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I thank Deputy O'Connor for his very important question. On 15 May, I and my Government colleagues announced a substantial range of measures to reduce costs for small and medium-sized businesses. Included in these measures was the reopening of the ICOB portal from 15 May to 29 May to allow rate-paying business owners who have not registered to do so. We have received feedback that the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I thank the Deputy again for his question. Unfortunately, we are a price taker in the energy market and we have so much to do in that regard. It is good to note the reduction of about 40% in the wholesale cost of energy but that needs to be passed on to businesses and indeed on to the consumer to make us more competitive. On the Deputy's question in respect of Cork County Council, as I...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: Deputy Smith is right to point out the pressure that small manufacturing and engineering businesses, particularly start-ups, are under with regard to access to finance. It is very important that they get finance at competitive rates. With regard to helping existing SMEs with their working capital, the new Microfinance Ireland thresholds are increasing from €25,000 to...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Industrial Development (23 May 2024)

Peter Burke: I thank Deputy Durkan for his very important question. Ireland is recognised as one of the most competitive economies in the world and performs well in international rankings of competitiveness. In June 2023, Ireland was ranked as the second most competitive country in the world in the IMD world competitiveness rankings. The 2024 iteration of these rankings is due to be published in the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Industrial Development (23 May 2024)

Peter Burke: I concur with the Deputy that we can never take our eye off the ball when we have an open and strong economy like Ireland's. We have to continue to work. It is very important that we have a pipeline of €165 billion for the next decade for capital infrastructure because infrastructure improvements will attract new businesses and keep our economy competitive. We have seen in the...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Industrial Development (23 May 2024)

Peter Burke: They are valid points. The Deputy raised the issue of climate. It is critical that we remain competitive. When we see a company like Diageo, the home of the black stuff, spending €100 million to decarbonise its processes over the next five or six years, when we have world leaders like that based here in Ireland and leading by example, it shows the change that is under way. We have...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I again thank the Deputy for outlining his concerns on the sectors. As it happens, the Minister of State, Deputy Calleary, the Minister of State, Deputy Higgins, and I were discussing the issue of manufacturing yesterday at one of our meetings. The Deputy is quite right. There is a varied number of issues that we are trying to respond to in that area. I have travelled around the country a...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I would robustly point out that the Government is listening to the SME sector. That is demonstrated by our warehousing of debt at 0% for those who experienced difficulties over the Covid period. Some €20 billion has been put in towards Covid and Brexit, with €12 billion put in through the past two budgets. We have halved inflation, which is a key metric of business. Energy...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: I thank Deputy Smith for his kind wishes. I propose to take questions Nos 54, 58 and 63 together. The Government is very aware that SMEs have faced a number of economic shocks in recent years which have resulted in cost increases. On 15 May, I, along with my Government colleagues, announced a substantial range of measures to reduce costs for small and medium sized businesses. Included in...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: As the Deputy will be aware, I announced the reopening of the ICOB grant scheme from 15 May to 29 May. This is to ensure those business owners who missed the deadline can now register. They should do so without delay, and the sooner they register, the sooner the local authority can verify the information and make a payment to the businesses. I have also made a change to the scheme that...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Business Supports (23 May 2024)

Peter Burke: We all know commercial arrangements in how businesses operate with their landlords are different from business to business. It is difficult to put conditions in place to assess every single one. The best metric I have at the moment to get money out to vulnerable businesses as quickly as possible is linked directly to their rates. If I put more conditions in place right now or try to pave...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Peter Burke: When the scheme closed a week ago, we had about 76,000 registrations. That was roughly 60% of all businesses that qualified for the increased cost of business grant. A decision was then taken to open the scheme for a further two weeks and to run a very strong and robust advertising campaign, which we hope will encourage additional uptake in the run down to next Wednesday. I appeal to...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Peter Burke: Again, I thank the Deputy for his question. We have worked with all sectors. I met ISME yesterday, along with another number of business sectoral groups. We are working with them to progressively keep improving the business environment in which they operate. I point out that inflation has halved since November 2022. That demonstrates that Government policies are working. We really did...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Small and Medium Enterprises (23 May 2024)

Peter Burke: I thank Deputy Shanahan for posing this important question. The Government has adopted a proactive approach in supporting the Irish SME sector across multiple crises over recent years. Over the two-year period to budget 2024, a total of €12 billion was provided in cost-of-living and doing business supports, comprising a mix of permanent and one-off measures, most significantly the...

Ceisteanna Eile - Other Questions: Small and Medium Enterprises (18 Apr 2024)

Peter Burke: I thank the Deputies for their questions. In my comparisons, I am talking about Northern Ireland as well. Hopefully, we do not see that as Brexit Britain. We are working hard to formulate a cost-of-doing-business package for the SME sector. I hope we will see that in the weeks ahead. We know the acute pressure the sector is under. Every time businesses came under pressure, including...

Ceisteanna Eile - Other Questions: Tourist Accommodation (18 Apr 2024)

Peter Burke: I thank the Deputy and am happy to take him up on his kind invitation. It is so important we work closely with the sector he referred to. We had initiatives in the past such as The Gathering, and when our economy was on the floor, we saw how much that sector played a part in enhancing economic activity and getting employment back. It is at the forefront of our minds. As I said, it is...

Ceisteanna Eile - Other Questions: Small and Medium Enterprises (18 Apr 2024)

Peter Burke: The Government is committed to backing business and will continue to work closely with small businesses nationwide to support their growth, help them find new markets and assist them in remaining competitive and resilient. The 31 local enterprise offices, LEOs, play an extremely important role providing assistance directly to micro, small and medium-sized businesses as well as promoting...