Chambers Ireland has today (07/02/13) welcomed the Government’s deal with the ECB to eliminate promissory notes in exchange for long-term bonds. Speaking this evening, Ian Talbot, Chambers Ireland Chief Executive, said “The news that the country has eased its bank debt repayment burden significantly is welcome. This very positive economic development will assist greatly in
Chambers Ireland has today (01/02/13) said that the Action Plan for Jobs 2013 needs to set more challenging targets for job creation if we are to tackle unemployment seriously in this country. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive said “While most of the measures set out as part of the Action Plan
Chambers Ireland has today (30/01/13) said that the latest CSO Live Register figures, which show a standardised unemployment rate of 14.6% in January 2012, unchanged for the past three months, highlight that not enough is being done to stimulate domestic demand and support job creation. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive, said
Chambers Ireland has today (28/01/13) called on Government to introduce proactive measures to stimulate and support domestic demand, including confirming a revised date for Budget day that is well in advance of the Christmas period, given Retail Sales Index figures that show a monthly volume index decrease of 0.1%. Speaking this morning, Seán Murphy, Chambers
When the Croke Park agreement was reached in 2010, its continuance was always on the proviso that things wouldn’t get any worse. So, three years on, where do we stand? At home, unemployment has increased by 8.2% since the agreement was signed and would be even higher if it wasn’t for the emigration levels we
Chambers Ireland has today (23/01/13) said that Local Enterprise Offices (LEOs) must not become a box-ticking exercise for Local Authorities but are harnessed to their full potential by including input from the local business community. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive said “While we welcome the introduction of Local Enterprise Offices, it
Government Targets Need to Be More Ambitious Chambers Ireland has today (14/01/13) said that all available options must be on the table during this week’s Croke Park Agreement renegotiation if necessary savings and cost containments in the public sector are to be achieved. Speaking this morning, Ian Talbot, Chambers Ireland Chief Executive, said “We need
Chambers Ireland has today (04/01/13) called on Government to take serious measures to cut public sector costs in 2013. Speaking this afternoon, Ian Talbot, Chambers Ireland Chief Executive, said “While recognising the Government’s achievements in meeting targets, vitally important in managing our recovery, today’s Exchequer Statement cannot hide the fact that Current Expenditure actually increased
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.