Directors ‘no confidence’ in Government

THE majority of directors of companies believe the Government is not doing enough to resolve the economic crisis and half of company bosses don’t even think the Government understands the problem.

Research conducted for the Institute of Directors in Ireland (IoD) by Behaviour & Attitudes found that over half (54%) of directors surveyed believe the Government does not have sufficient understanding of the current economic situation to resolve it and seven in 10 (70%) claim that not enough is happening to resolve the crisis quickly enough.

And while three in five directors (60%) are convinced the Government does not have the ability to lead Ireland out of the current crisis, not even half of them (45%) are of the opinion a change of government would restore business confidence.