“The inevitable price inflation from energy cost increases can only be moderated if there is Government intervention to mitigate the impacts on small business,” said Neil McDonnell, chief executive of ISME. Photograph: iStockGreater government support is needed for small and medium sized businesses here to help them avoid an energy crisis this winter, industry representatives have said.
The Irish SME Association said measures announced for business owners will not be sufficient, with companies facing cost increases of 100 per cent or more in monthly bills as the temporary reduction in VAT in introduced by the Government expires on October 31st. “The inevitable price inflation from energy cost increases can only be moderated if there is Government intervention to mitigate the impacts on small business,” said Neil McDonnell, chief executive of ISME. “We will need a scheme of direct supports for small business, similar to the Covid-19 Restrictions Support Scheme during the pandemic.
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ISME calls for more support for SMEs amid energy crisisISME has warned that measures announced by the Government to mitigate the impact of rising energy costs for business owners will not be sufficient to avert a crisis this winter.
Source: RTEbusiness - 🏆 16. / 61 Read more »
Government facing home-grown energy crisisGovernments don't like unpleasant surprises, and it is abundantly clear it has suddenly been presented one in the form of a home-grown energy crisis. Relax/speed planning process for offshore wind farms. Madness one of the largest in the world was looking at doing it here and pulled out because government was dragging it feet 🤣🤣🤣🤣. Another potential crisis. Sure all you can do is laugh at this stage. We’ll be running out of air next. The basic problem = datacenters
Source: rtenews - 🏆 1. / 99 Read more »