Feargal Quinn (Independent)

I do not always agree with Senator Bacik but I do on her point about the effect of political doubt and instability on everyday life. It is important we get back to ensuring a Government is in place to rule this country soon. I am not going to cast blame but I am concerned we are already having the debate on the Finance Bill on the Order of Business when it will be taken on Friday and Saturday.

I refer to instability and doubt because Retail Excellence Ireland warned yesterday that up to 400 shops are likely to close this month alone because consumer confidence is waning. Consumers, it seems, are saving their money, not spending it. The reason for this is the current political doubt and instability. Something must be done about it. While talking ourselves into instability, we are leaving the opportunity for others to enter the market. A chain of sportswear shops was recently bought by a British company which plans to expand it by opening another ten shops. That means retailers outside the country can sometimes see opportunities here while we talk ourselves into more serious difficulties.

The Houses of the Oireachtas passed the Personal Injuries Assessment Board Act in 2003. Senator O'Toole is vice-chairman of the Personal Injuries Assessment Board, which has been extremely successful and which has brought logic to the process relating to the making of awards in respect of personal injuries. I am concerned with regard to a recent award of €10 million in a libel case. There appears to be a major imbalance in respect of those who suffer personal injuries — which may leave them invalided for the remainder of their lives — and those who are libelled. Perhaps, in the near future, the House might consider some sort of legislation which could bring balance to the situation.