Chambers Ireland Highlights the Costs of Doing Business to Oireachtas Joint Committee on Business, Enterprise and Innovation
24th October 2017
As Brexit discussions continue and the impact for trade and our economy generally uncertain as a result, retaining Ireland’s competitive edge remains crucial.
With the cost of doing business having direct implications for how competitive we are internationally, Chambers Ireland today (24 October 2017) addressed the Oireachtas Joint Committee on Business, Enterprise and Innovation, highlighting the concerns of businesses across the country.
Speaking in advance of the Committee meeting, Chambers Ireland Chief Executive Ian Talbot said, “Apart from making up our infrastructure deficit, the topics of most concern to business are the high cost of living, together with the shortage of supply and rising cost of housing. Both of these factors contribute significantly to demands for increased pay. Labour costs account for the largest outlay for most businesses in the country and are therefore of huge relevance and concern. The fruits of economic recovery and employment growth need to be seen in improved standards of living, not just playing catch up for escalating costs.”