Monday 19 February 2018

Businesses less disappointed with Government but operation costs a concern

BUSINESSES are slightly less dissatisfied with the Government but major concerns remain about the costs of operating in Ireland.

A survey by the Irish Small & Medium Enterprises Association (Isme) found that the satisfaction rating among companies rose from -57 to -51 with zero as the highest point.

But Isme warned the Government not to take too much solace from the poll findings.

Chief executive Mark Fielding said the survey was carried out prior to the introduction of the “disastrous” prompt payments directive and the “serious omission” of SME owners from the Action Plan on Jobs advisory body.

“The directive will actually make it more difficult to be paid on time and the omission of SMEs from the jobs advisory body shows clearly that this Government has turned its back on the sector, despite its continuous assertions that the SME sector is the backbone of the economy,” Mr Fielding said.

Key findings from the survey of 1,000 SMEs include:

- Combined satisfaction rating rises from -57 to -51.

- Government efforts on tackling business costs are at -71

- Efforts on tackling the banking crisis rank at -70

- Dealing with the Troika is at -15 and the jobs effort is at -45.

Medium sized businesses continue to rate the Government better than the rest at -26.

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