Energy Crisis

Government scrambling to devise SME supports as power bills soar

Taoiseach Micheál Martin says that some of the recent surge in tax revenue will be used to fund a once-off cost of living package in the upcoming budget

Taoiseach Micheál Martin: emergency meeting with the Ministers for Finance and Public Expenditure and Environment was decisive in shifting the government’s view on the level of interventions needed in the months ahead

The government is scrambling to devise unprecedented energy price interventions for businesses and households with just three weeks to go until Budget 2023.

It comes as Eamon Ryan, the Minister for Environment, has said that small and medium sized businesses would need state support to deal with the scale of price increases on the way.

“We will have to look at those supports because what is coming is beyond compare. I think this is bigger ...