Irish companies ‘moderating growth plans due to economic headwinds’

Enterprise Ireland to tell politicians that Irish companies are facing a litany of issues including rising energy costs, inflation and currency fluctuations

Leo Clancy noted that his agency had put in place a number of solutions to help companies with the issues they were facing, but added: “It is important to note that many of the direct concerns for businesses are beyond our control.”

Irish companies are curbing their growth plans due to increasing economic uncertainty, the state's enterprise body will tell politicians today.

Enterprise Ireland will tell members of the Oireachtas enterprise committee that businesses in Ireland are facing a litany of problems, and warn that many of these issues are “beyond our control”.

The agency will appear for a discussion about the issues facing indigenous Irish businesses, amid growing concerns over the impact on companies of rising ...