Resolute Action on Reform Still Required Chambers Ireland has today (04/01/13) said that the latest CSO Live Register figures, which show a standardised unemployment rate of 14.6% in December 2012, down 0.3% since the beginning of the year, show that Ireland is slowly but steadily on the road to recovery. Speaking this morning, Ian Talbot,
Chambers Ireland has said that today’s (14/12/12) CSO External Trade Figures which reported a seasonally adjusted increase in exports of 2% to €7,468m and a 7% decrease in imports to €4,188m in October highlight the ongoing problems in the domestic economy. Speaking this afternoon, Seán Murphy, Chambers Ireland Deputy Chief Executive said, “These figures highlight
Chambers Ireland has today (13/12/12) welcomed Limerick City Council’s proposed budget, which includes a 5% cut in business rates and two separate funds for marketing and events, and called on councils throughout Ireland to recognise how such moves can stimulate the economy, support businesses and create new jobs. It also shows the potential cost savings
In Budget 2013 the Government faced two major challenges in reducing the deficit and dealing with the unacceptable level of unemployment. Reflecting on today’s announcements, it is clear that the proposed budgetary adjustments have been made; however, a sustainable recovery will be more difficult to achieve given the lack of ambition in the measures announced.
Reacting to the abolition of the Redundancy Rebate, announced as part of Budget 2013, Chambers Ireland has called on the Government to reinstate this rebate or reduce statutory redundancy entitlement to one week for each year of service. Speaking this morning (06/12/12), Seán Murphy, Chambers Ireland Deputy Chief Executive said, “The current redundancy regime for
Chambers Ireland has today (04/12/12) called on Government to take note of the pressures on employers as it finalises its budget. Speaking this afternoon, Ian Talbot, Chambers Ireland Chief Executive, said “While it is somewhat positive to see VAT figures performing well, the fact that targets for Corporation Tax and Income Tax from the self-employed
With less than 48 hours to go before the Fine Gael/Labour coalition delivers its second budget, Chambers Ireland has reiterated its call for Government to help businesses and job creators to succeed by focussing on employment and the domestic economy. Speaking this morning (04/12/2012), Ian Talbot, Chambers Ireland Chief Executive said, “We are suggesting three
Chambers Ireland has today (03/12/12) welcomed the announcement that full independence is to be granted to Shannon Airport. Speaking this afternoon, Seán Murphy, Chambers Ireland Deputy Chief Executive, said “While this is a welcome move, the big challenge for Shannon and its new management is to get its cost base at an appropriate level that
Chambers Ireland has today (28/11/12) issued a cautious welcome to the Red C SME Credit Demand Survey. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive said, “As an organisation that has consistently called for improved lending to SMEs, we are pleased to see an increase in the numbers of approved or partially approved loans
Chambers Ireland has today (28/11/12) called on the Government to ensure that the ongoing improvement in Retail Sales is given further positive momentum in Budget 2013. Speaking this afternoon, Seán Murphy, Chambers Ireland Deputy Chief Executive said, “While the volume of retail sales increased by 1.7% in October 2012 when compared with September 2012 with
Chambers Ireland has today (26/11/12) welcomed the announcement by AIB of a new initiative to speed up SME loan decisions up to €25,000 for its customers. Speaking this afternoon, Ian Talbot, Chambers Ireland Chief Executive, said “This new process can act as a spur to small business lending. It is essential that small business owners
Chambers Ireland has today (20/11/12) reiterated its call for the Government not to increase the cost of employment by transferring the cost of sick pay onto employers or raising PRSI in Budget 2013. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive said, “Transferring the cost of sick pay onto employers will do nothing more