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IRELAND’S COMPETITIVENESS WATCHDOG has warned that further action is needed to make sure businesses aren’t priced out of operating in Ireland.
In a new report, the National Competitiveness Council (NCC) found that while Ireland’s cost base “has improved…over the last four or five years”, the country remains a high cost location for business, and warns that costs could again be on the rise.
The evidence collected in this report suggests that the Irish economy has rached a turning point in terms of cost competitiveness…relative cost competitiveness in Ireland is now disimproving.
The report flags labour costs, property costs and rent increases, as well as prices for business services as particularly likely to get more expensive in the short term.
Particular attention is given to the high cost of credit for smaller businesses, with interest rates for non-financial corporations 31 per cent higher than the euro area on loans up to €1 million, and 27 per cent higher on loans above €1 million.
IBEC points finger at slow pace of reform
The NCC attributes price falls to the recent economic turmoil, rather than a more fundamental readjustment which would mean businesses could look forward to a less expensive future.
Ibec’s director of business representation Mary Rose Burke echoed this, saying that cheaper prices during the recession had not been acheived by reforms, and therefore weren’t likely to stick around for long if the economy improves.
We’ve seen no structural changes that will fundamentally change the cost of living and the cost of doing business.
The NCC report concludes: “Looking to the future, futher structural or policy induced changes are necessary to ensure that prices do not escalate and erode competitiveness as the Irish economy returns to stronger rates of growth.”
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To gruesome to show here??
Two.
Too
Thew
….one-eight-ninety…..
phew!
-97
2
Tew
Tu-tu
911
1+1=
Yoo hoo
Where is Frank? I miss Frank!
Chew
Choo choo
walla-walla-bing-bang!
Jaysus ya lost Me …
who
Tree
I don’t know what a tracker mortgage is
Marty Whelan shagged my sister!
KooKoo Kachew
Welcome to the real world of their twisted Ideology, thankfully he only snuffed out his own life and not any innocents.
As disgustingly gruesome as it might be..if it demonstrates to all these young people running over to Syria what will be their eventual fate, it might stop some of them going.
Amazingly the people in the restaurant only suffered minor injuries.
C’est bien fait pour lui, I say. Feed his remains to the pigs and guillotine all the rest of the Islamist dogs.
Mais oui bien sur..qui seme le vent….
Show exactly what these lunatics do ? Sure we cant be having that….
I’m amazed that nobody other than the bomber died in that explosion.
I cant be ar##d..ive seen loads of sunnis get atomised on youtube and liveleaks.
Pop goes the weasel
Terror gore.
Hopefully this doesn’t set a precedent for a ratings war of blood.
Just curious about the headline – “apparent” – who writes these headlines?
We don’t to see this,it’s exactly what they would want.
He was the only one that died. Everyone else only suffered minor injuries. I’d say that’s a good kick up the hole for them.
I would have assumed that broadcasting such footage would be counter-productive in efforts to prevent similar events.
If the motives of the people behind the attacks thrive on distilling fear, wouldn’t this be advertising their cause? Especially the prominence of fame amongst peers.
Yes, there will be queues of people in the streets tomorrow copying this.
Not quite what I meant, I’m talking about the deciding factor for people who are already involved with those groups, not the recruitment.
Essentially what these people are doing is trying to send a message rather than killing specific people. I’m not saying that a media blackout is possible, but hypothetically speaking if a blackout was to happen every time an attack like this happened, would they stop happening?
Not quite what I meant, I’m talking about the deciding factor for people who are already involved with those groups, not the recruitment.
Essentially what these people are doing is trying to send a message rather than killing specific people. I’m not saying that a media blackout is possible, but hypothetically speaking if a blackout was to happen every time an attack like this happened, would they stop happening?
Francis, You have a point sort of regarding fear but I think keeping people in the dark is always a bad idea and possibly causes more fear and as Jenni points out it may stop some people from acting.
That’s a fair point! I was calling out the extremes.
What I meant to establish was just the format of which it’s delivered, there’s no need to keep people in the dark with these events. But does releasing video footage have any benefits?
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