Two businesses a day going bust because of rising costs, SFA director warns

Darragh-O-Brien News

Two businesses a day going bust because of rising costs, SFA director warns
Housing-CrisisDublin-CastleSmall-Firms-Association
  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 98%

Small Firms Association director tells delegates that small businesses now accounted for 85 per cent of all shutdowns

David Broderick of the Small Firms Association said business costs were due to rise by 36 per cent between now and 2026. Photograph: iStock

“These figures won’t plateau or decline any time soon not with the combined impact of various policy priorities that will drive up the cost of doing business by 36 per cent by 2026,” he said. This has been particularly onerous on the labour-intensive hospitality sector where there has been a string of restaurant closures.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishTimes /  🏆 3. in İE

Housing-Crisis Dublin-Castle Small-Firms-Association

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dupont and Gibson-Park: Two world class 9s, two different paths to the topDupont and Gibson-Park: Two world class 9s, two different paths to the topThe two scrum-halves go head-to-head in this weekend’s Champions Cup final.
Read more »

Russia-Ukraine war: Zelenskiy sacks chief bodyguard, Putin reappoints low-profile PMRussia-Ukraine war: Zelenskiy sacks chief bodyguard, Putin reappoints low-profile PMDismissal comes two days after two state guards were accused of plotting to assassinate Ukrainian president
Read more »

Two men arrested in separate operations as over €3 million cannabis seizedTwo men arrested in separate operations as over €3 million cannabis seizedTwo separate consignments of herbal cannabis were seized in two separate operations on Tuesday
Read more »

Lack of funding the main barrier to innovation by firms60% of Irish based businesses say a lack of funding is the main barrier they face when it comes to increasing their innovation levels, new research has found.
Read more »

Value of VC funding secured by Irish firms plummets 48%The amount of funding secured from venture capital firms by small and medium sized Irish business during the first three months of this year fell by nearly half, new figures show.
Read more »

Many firms still unaware some single use plastics banned44% of Irish businesses are not aware that certain single use plastics are now banned, new research has found.
Read more »



Render Time: 2025-02-22 12:44:18