Search Results for 'Public choice theory'

Ireland’s largest retail industry trade body has expressed its support of the Government’s plans to abolish upward only rent review clauses. Retail Excellence Ireland (REI) claims more than 40,000 jobs are at risk in the retail sector unless the system is removed. Currently, rent prices can only increase or remain the same under review, regardless of decreases in market rates. Since rental retail rates increased by 240% between 2000 and 2007, compared to a 30% increment in consumer prices, REI claims businesses are not paying a fair market rate. As it stands, Ireland is one of just a handful of countries who still employ the system, with the remaining jurisdictions employing a market-based approach.

Sinn Féin Councillor Thérèse Ruane is calling for greater participation of women in decision making in society today. In particular, she is calling on women to use their talent, skill and energy to contribute to public life.

Rent levels for retail premises in Galway city centre were unsustainable even before the economic downturn and continue to be a source of major concern for businesses, according to the Galway Chamber of Commerce which is calling on landlords to be more realistic.

Sinn Féin councillor Thérèse Ruane has called for an end to corruption and cronyism and the cosy relationships between governments and big business interests. “It is obvious, the ‘golden circle’ of the 1980s is alive and well in Irish politics and our reputation as a country is being damaged internationally,” Cllr Ruane commented.

Mayo Fine Gael TD John O'Mahony has welcomed the Government’s ‘belated’ move to allow businesses to benefit from lower rents, but accused Fianna Fáil of indulging in shameless delaying tactics on the matter.