Business warmly welcomes extension on EWSS - Ibec

Ibec, the group that represents Irish business, today warmly welcomed the announcement from Government that the Employment Wage Subsidy Scheme (EWSS) is to be extended for another two months at full rates. 

Ibec CEO Danny McCoy said: “The EWSS has been instrumental throughout this pandemic in ensuring the most vulnerable of businesses remain viable. Today’s announcement that the scheme is to be restored at full rates for a further two months will bring much needed relief to businesses across a broad range of sectors of the economy who have experienced disruption and substantial lost business because of the pandemic.

“Business also welcomes the additional announcements that the Covid Restrictions Support Scheme and the Commercial Rates waiver are to be extended. While challenges undoubtedly remain, these supports will each be important in keeping many businesses afloat, particularly those in the Experience Economy, for whom the traditional revenue-generating festive period has been severely disrupted. The supports will help those businesses to remain open and continue to trade safely over the coming period.”