Government urged to use €1bn training fund to aid businesses

Workers could be laid off in weeks as a result of supply chain disruption

8th March, 2020
Government urged to use €1bn training fund to aid businesses
The government has already committed €300 million of the €1 billion National Training Fund surplus to pay for a new human capital fund for third level

The government has been urged to raid a surplus of almost €1 billion in the state’s National Training Fund to help businesses pay workers who are forced to self isolate as a result of the Covid-19 outbreak.

The proposal was made at a meeting of the country’s largest business representative bodies and senior government officials on Friday in response to fears that many firms would not be able to afford to meet the...

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