PR Q4 2019: Bank Watch Report
02/03/20 SME demand for credit is at 24%. Loan refusal rates decrease from 58% to 19%, with 44% being partially successful. 17% waiting longer than 4 weeks from permission to drawdown. 69% stated that banks are making it more difficult...
PR: ISME is coming to the North East for our next Roadshow
PRESS RELEASE: 21/02/20 ISME’s next Roadshow will take place in Gormanston, Co. Meath on the 27th February 2020 Key opportunity for businesses to network and ‘Pitch my business’ SME lobbying, Upskilling, Insurance Reform and Health and Safety will be discussed ...
ISME welcomes the OECD’s publication of its Economic Survey of Ireland 2020
PRESS RELEASE: 14/02/20 This publication could not be better timed, coming as it does in the middle of attempts to form the next government by the three largest parties. The Survey is not alone essential reading for our political parties; it...
Deafening silence from the bench on spurious claims
The withdrawal of a motor insurance claim against the MIBI by a claimant following production of video evidence presented Mr Justice Kevin Cross with a golden opportunity to address the cancer of bogus claims infecting our society. Justice Cross chose...
How much will a Billion euro cost me?
PRESS RELEASE: How much will a Billion euro cost me? 24/01/20 If we’re not planning to raise taxes, extra spending can only come from extra borrowing ISME calculates that every €1bn of proposed government spending will cost taxpayers €625 each Ireland...
Launch of the ISME ‘Fair Book of Quantum’
ISME launched its ‘Fair Book of Quantum’ on Thursday 23rd January The current level of general damages for soft-tissue (‘whiplash’) injuries in Ireland is 4.4 times to that of England and Wales The Personal Injuries Commission sought an ‘urgent’ reduction...
Price gouging and stalled insurance reform
PRESS RELEASE: 18/12/2019 Businessess involving children, adventurous or physical activity are effectively uninsurable The reduction in underwriters in the Irish market has restricted competition and encouraged collusion ISME questions how much worse does the insurance situation need to get before...
ISME tests the market for captive insurers
PRESS RELEASE: 06/12/2019 ISME taking practical steps to reduce insurance costs. Captive insurers won’t fix the insurance crisis, but will increase transparency and reduce price volatility. In order to tackle the cost (and availability) of insurance, ISME is exploring the...
ISME urges people to shop local and buy Irish this Christmas
PRESS RELEASE: 28/11/2019 Online retail and possible weak Sterling, post UK election, pose a threat to local retailers. Irish consumers need to support local businesses. Irish manufacturers, producers and retailers are significant employers. Quality, traceability and value for money key...
Demand for Credit High and Bank Charges Hurting
PRESS RELEASE: DEMAND FOR CREDIT HIGH AND BANK CHARGES HURTING SME demand for credit is at 31%. Loan refusal rates increase from 33% to 58%. 14% waiting longer than 10 weeks from permission to drawdown. 75% stated that banks are...
