NFRN concerned over remarks by Minister for Small Business about increased labour costs

Minister for Small Business, Ged Nash
Minister for Small Business, Ged Nash

The National Federation of Retail Newsagents says that retailers cannot implement higher wages as they are already struggling to pay commercial rates and general business overheads

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28 August 2014 | 0

NFRN Ireland has expressed concern at claims from the Minister for Small Business, Ged Nash, that wage rates should increase as he believes this will lead to greater spending, and, in turn, enhance the economic recovery.

The announcement comes as retailers are facing a 500 tobacco license fee, which NFRN Ireland is vehemently opposed to. Retailers are also struggling to pay commercial rates and general business overheads. Many have reduced the hours of their existing work force and some have even had to issue redundancy notices to staff.

Commenting, NFRN Ireland’s Public Affairs manager Deirdre Drennan said: “Retailers need to be supported by Government in order to keep their doors of business open. Suggestions of this kind lead to greater financial pressure.”

NFRN Ireland is pleased, however, that the Minister for Jobs, Enterprise and Innovation, Richard Bruton, is opposing the concept, saying priority is to continue to focus on job creation.

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