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Government handling of business costs criticised

Written by Robert McHugh, on 31st Aug 2018. Posted in Ireland

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The Irish SME Association (ISME) has today published the results of its latest Government Satisfaction report. SMEs overall satisfaction with the Government continues to improve, recording a three year high.

While the improvement is a welcome positive, ISME emphasises the need for greater action on business costs and access to finance.

Micro enterprises are least satisfied with the government at 1% while medium enterprise are most satisfied with the government’s performance, increasing from +7% to +25%.

In a reversal on last quarter’s report, the Construction sector is most satisfied with  Government at +43% while the Services sector reported the biggest drop in government satisfaction, decreasing from +6 to -10%.

Speaking this week, ISME CEO, Neil McDonnell said, "Today’s report marks a three-year high for government. It reflects the diversity of the SME sector, with micro businesses least satisfied with government, and medium sized enterprises most satisfied."

He added, "Government must not lose sight of the pressures many SME’s are facing. With budget 2019 upon us, it is vital for government to take steps to reduce business costs and improve access to finance. We need robust action plans from government in dealing with these issues."

Source: www.businessworld.ie

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