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Ceisteanna Eile - Other Questions: Enterprise Support Services (18 Apr 2024)

Aindrias Moynihan: I acknowledge the huge range of supports that have been put in place over a number of years, from Covid supports to, as the Minister of State outlined, the support on rates and so many other supports. Some of those are gradually being changed and withdrawn. There is the VAT support, for example, and now the further introduction of the rates support. There are myriad supports there and some...

Ceisteanna Eile - Other Questions: Enterprise Support Services (18 Apr 2024)

Aindrias Moynihan: 67. To ask the Minister for Enterprise, Trade and Employment what action is being taken to strengthen the resilience, productivity and innovation of SMEs to ensure that they remain key drivers of employment nationally; and if he will make a statement on the matter. [17027/24]

Ceisteanna Eile - Other Questions: Enterprise Support Services (18 Apr 2024)

Aindrias Moynihan: Almost 1.2 million people worked in SMEs across the country last year and many of those were in smaller enterprises with less than ten people. I refer to small businesses, shops, pubs and high-street enterprises that have weathered a range of different storms over the years but are now really struggling and under pressure. I want to get an understanding of the support that would be...

Ceisteanna Eile - Other Questions: Enterprise Support Services (18 Apr 2024)

Aindrias Moynihan: 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...