Irish bosses still expect profits to grow

CHIEF executives are less confident about the economy than last year but most still expect profit and revenues to grow, according to research on their attitudes.

Company bosses are also unhappy with labour costs and the general cost of doing business in Ireland, with transport infrastructure causing particular dissatisfaction.

The latest PricewaterhouseCoopers’ CEO pulse survey, which analyses the views of 170 business leaders found that less than a fifth rated the outlook for the economy to be favourable, compared to around three quarters last year.