As virus hits cashflow, banks and Revenue must show patience

The state bailed out the banks a decade ago, now it’s time to show the same support to employers and the self-employed

15th March, 2020
As virus hits cashflow, banks and Revenue must show patience
The March economic statistics, when we get them in April, are likely to make for fascinating, if grim, reading.

Cash is king. Always has been in business. No matter how much people talk about valuations and Ebitda and accounting conventions, the most important thing is having enough cash to meet the bills and to have some profit left over.

A lot of people will have unfortunate memories of the last crisis when they suffered cash shortfalls. Lots of businesses closed or reduced in size, leading to pay reductions and job losses for employees and...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Matt Cooper: Public support for Nphet is clear, but it shouldn’t be unquestioning

Matt Cooper: Plastic pollsters pulling a stroke undermines trust and politics

The Last Post: Martin’s ‘build back better’ plan will need stable foundations

The Last Post: Something is rotten in the state of British democracy