State must target support at viable companies

Comment: Small and medium-sized businesses can only weather the pre-Christmas shutdown if state supports are channelled properly

25th October, 2020
State must target support at viable companies
Pre-lockdown shoppers in Dublin last week. Thanks to coronavirus, this year it will be a Christmas trading period like no other Picture: Paul Faith/Getty

The October bank holiday weekend usually signals the beginning of the Christmas trading period. For businesses in retail and hospitality, the next two months are when a good chunk of their revenues and the vast bulk of their profits are generated. Of course, as with so many occasions this year, it will be a Christmas trading period like no other.

The significance of the coming weeks cannot be underestimated. It is when many companies earn...

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