Fingal Independent

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Business feels impact of virus


Businesses are being impacted

Businesses are being impacted

Businesses are being impacted

Fingal faces business closures and job losses amid the growing coronavirus crisis according to business leaders in the community.

As the Covid-19 outbreak took hold across Fingal and the State last week, the Fingal Independent spoke to Fingal Dublin Chamber to find out how businesses and workers were being affected across the county.

Already, the hospitality sector in the North County has seen a significant hit, with pubs, restaurants, coffee shops and retail outlets all struggling to maintain business.

Anthony Cooney, Chief Executive Office of Fingal Chamber of Commerce, speaking on how the situation was affecting local business, said: 'It's a huge issue for business, not only carrying out their day-to-day activities, but it's going to be a huge issue pertaining to cash-flow and liquidity.'

Mr Cooney said it's possible some businesses in Fingal may face closure due to the outbreak of virus, which could lead to substantial job loss across the county.

This was particularly so in the hospitality sector, he said, where 25% of people work in the area.

He explained: 'People's ability to meet their bills on a daily basis is onerous enough on businesses in this country without the added complication of everyone being sent home, whatever about all their customers being at home.

'So it's a devastating effect on a lot of businesses.'

He said: 'I've spoken to a lot of businesses and they're saying that their cash is going to dry up because they don't have people day-to-day to carry out their own activities, or their customers are not in the business either.

'We ourselves are liaising closely with government departments through our affiliation with Chambers Ireland, so that any government directives that we are accessing we're relaying them to our members on social media on our website.

'We're liaising with the local authority on a regular basics relaying some of the concerns our members have, as well as liaising with the wider business community as well.'

Mr Cooney concluded: 'The longer it goes on the worse it's going to be, but it's a public health issue and it's worldwide.

'We're dealing with chambers of commerce in other parts of the world and they're facing similar issues.

'It's unprecedented in my lifetime.'

Fingal Independent