budget 2024
Businesses give thumbs up to budget but minimum wage hike to bite
The state had a significant war chest available and made sure to spend it, with two new state investment funds and a menu of targeted helps for various sectors
By the time Michael McGrath, the Minister for Finance, and Paschal Donohoe, the Minister for Public Expenditure, had finished delivering their budget speeches last Tuesday, reaction was already beginning to flow from industry bodies and businesses groups.
Aside from the hospitality and banking industries, Budget 2024 was largely welcomed by business leaders as the government laid out plans to invest in the capacity of the economy over the coming years, while simultaneously introducing new supports ...