Lack of clarity for business community poses risk to Ireland's economic recovery

Dear member, 

Earlier today, Ibec wrote to An Taoiseach Micheál Martin to express our concerns about the impact of the delayed reopening not only on Ireland’s Experience Economy but also on the wider business community and the stability of Ireland’s economy. 

The letter noted that Ibec is very concerned for the many businesses and people working in the Experience Economy, especially those most impacted by the decision not to go ahead with the next phase of planned reopening due to start on 5th July.  

We support the restaurants and vintners’ associations who have been placed in an impossible position by the lateness of the decision and the lack of clarity within it. We all need certainty on a reopening plan as quickly as possible and additional financial support for the extra costs that the mishandling of events in the past week has caused. 

The Government’s disappointing decisions this week have meant that confidence amongst consumers and businesses has been damaged. This could materially impact Ireland’s economic recovery. 

Much greater certainty and information are needed for all businesses on the Government’s modelling data, timelines and milestones for the revised vaccine rollout, the use of antigen testing, and the GDPR issues for employers generally on requesting and holding information in relation to vaccination status. 

A copy of the letter to the Taoiseach is available here (please see the attached).  

I will be raising these issues in various media appearances today and tomorrow and at a meeting of key elected representatives and political stakeholders tomorrow morning. 

As always, please get in touch if you have any queries.  

Regards,  

Danny McCoy 
CEO 
Ibec