Economy set to bounce back as business optimism soars, says equity boss

Head of private equity firm Melior is ‘blown away’ by companies’ confidence as 85 per cent of SMEs declare they are optimistic about prospects for 2024

Companies no longer view inflation as their primary concern, according to a new report from Melior Equity Partners. Paulo Nunes dos Santos/Bloomberg

The Irish economy is set to rebound strongly in 2024 as business optimism for the year ahead has surged to buoyant levels, the head of a leading private equity firm has said.

Jonathan Dalton, managing director of Melior Equity Partners, the Dublin-based private equity firm, said companies no longer view inflation as their primary concern and are preparing for a year of growth.

A recent survey carried out by the Melior showed more than 85 ...