John Perry (Sligo-North Leitrim, Fine Gael)

Thank you, Senator. It is about helping those who can, with the right support, survive and ultimately thrive. The Government is absolutely focused in this regard.

The key proposals outlined in the action plan for jobs underpin this supportive business environment. As such, I hope all Members will accept and support them. I am anxious to work with Senators and take on board their views. The Government has been very open and frank with the business community. Our concern is to empower business people, and we recognise that small businesses are the backbone of the economy. Part of that empowerment is reducing the regulatory burden on companies. The "think small first" principle is very important in this regard. Access to credit is another priority for the Government. In addition, we must ensure that people who have failed in business get a second chance. Honest entrepreneurs are entitled to that and we will ensure every possible support is available to them. Above all, the banks must fulfil their obligations. Instead of restructuring existing loans, they must offer new lending to new companies with new ideas.