"Work harder, cut costs": competitiveness council to Irish business

Irish businesses need to work harder and cut costs if they are to ensure the survival of Ireland’s fragile recovery, according to theNational Competitiveness Council.

Although the Irish economy is currently experiencing rapid growth, the council’s report said, the global economy is not proving as robust, and the future growth prospects are far from certain.

“To protect the gains achieved to date, to further embed and sustain the recovery, and to ultimately spread ...