Business Irish

Sunday 11 December 2016

Poll finds CEOs dissatisfied with Government

Published 04/04/2010 | 05:00

Almost half of Ireland's most powerful business people are dissatisfied with the Governments handling of the financial crisis and would like to see a new Government after the next election.

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Close to 49.5 per cent of respondents from the top 300 companies' business leaders polled believe that Brian Cowen's Fianna Fail led coalition is doing a bad job of getting us out of the economic slump and 11 per cent aren't sure whether or not the current coalition is making the correct decisions.

This is a dramatic swing from last year's poll, conducted in April 2009, when a massive 80.7 per cent of respondents were not satisfied with the Government's handling of the economic crisis.

Some 55.2 per cent of Ireland's top 300 company bosses who responded would vote for Fine Gael if there was a general election tomorrow. This is a huge jump from last year's findings when just 32.7 per cent indicated that they would vote for Fine Gael.

Indeed, the turnaround for Enda Kenny's party is even larger when compared with the poll results from 2008, when just 17 per cent of the business leaders revealed that they would vote for his party.

Fianna Fail's ratings have slumped from 44.2 per cent last year down to just over 40 per cent this year. Two years ago, Fianna fail and its coalition partners were backed by 53 per cent of respondents, with a staggering 74 per cent indicating that they would vote for the Government back in 2007.

Labour's vote has also haemorrhaged down from 17.3 per cent in April 2009 to a negligible 4.2 per cent in this latest survey. The Greens and Sinn Fein did not register as a first choice for the CEOs.

But despite the disenchantment with the political establishment and the existing political parties, less than 40 per cent of our business leaders back the creation of a new political party which would echo the creation of the Progressive Democrats by Dessie O'Malley in 1985.

Sunday Independent

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