Ibec: Post-Brexit tax cuts needed

Retail Ireland has called on the Government to deliver a budget of tax cuts and spending increases to ward off the “chill winds” caused by Brexit.

The Ibec retail representative group said greater “consumer unease” is now evident due to sterling’s post-referendum decline.

Months of strong growth has been brought to an abrupt end by the UK’s referendum result, with the onus falling on the Government to help hard-pressed business owners, Retail Ireland director Thomas Burke said.