Ibec calls for pay restraint amid global economic turmoil

Ireland needs to be competitive in any "treacherous waters": Danny McCoy

29th March, 2016
Ibec chief executive Danny McCoy

The body warned, however, that the threat of the Brexit and other economic headwinds like China and the global economic slowdown meant that "the business environment will be less benign and increasingly uncertain over the coming months."

As a consequence, they said, Ireland needed to maintain "a relentless focus on competitiveness to ensure we can compete effectively with competitor economies."

Ibec is projecting that employment will grow by 2.1 per cent in 2016, which...

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