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Ireland an expensive location to do business says ISME

Written by Robert McHugh, on 4th May 2016. Edited on 10th May 2016 Posted in General

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The Irish Small and Medium Enterprises Association (ISME) have today called on the new Government to put all business costs at the top of their agenda in order to achieve full employment.
 
In particular, the Association has called on the new Administration to stand firm on pay demands and any resultant industrial action.

The ISME have also called for a reduction on Government influenced business costs to below the EU average and for encouragement of entrepreneurs through the tax system.
 
Speaking today, ISME CEO, Mark Fielding said, "The Government and the private sector have a duty to manage the cost base and drive efficiency. The signals of the start of a vicious circle are evident in the many trade unions' astronomical wage claims which government, the largest single employer, must defend."

He added, "Wages are by far the largest percentage of business costs. Despite all the propaganda from the left, Ireland's wage profile is still out of line with competitor countries and has been growing faster than the EU 28 in the last 2 years, increases must be curtailed."

Source: www.businessworld.ie

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