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Review of the National Development Plan is the opportunity to chart out transformative changes
8th February 2021 - Richard Bruton TD
The review of the National Development Plan provides an opportunity to chart out the transformative change we need, particularly after the dramatic impact Covid-19 has had on our society, a Fine Gael TD has said.
The deadline for submissions to the public consultation phase of the National Development Plan will run until the 19th of February, giving everyone an opportunity to inform and influence important policy which affects our daily lives.
Deputy Bruton, Chairperson of the Fine Gael Parliamentary Party said, “The review of the National Development Plan is the opportunity to chart out the transformative change we now need.
Examinership must be made easier for companies that will need to restructure
18th December 2020 - Richard Bruton TD
Examinership must be overhauled to allow an administrative process be established to ensure viable businesses are saved in a post Covid economy, a Fine Gael TD has said.
Richard Burton, Chairperson of the Fine Gael Parliamentary Party, said, “Examinership is a process which shelters a viable business while it can work out a restructuring arrangement with its landlord and its creditors. In Ireland, it can only be done through the High Court and it is prohibitively expensive, costing about €100,000.
“The result is few businesses avail of it. It is estimated that in the UK, five times more viable businesses in trading difficulties are rescued through examinership than in Ireland. This is bad in normal times but disastrous in the face of the Covid crisis.