Without reform, the road is running out for State firms

It was fascinating last week to read of the Labour Party and Sinn Féin’s solutions for solving the problems in Bus Éireann. It was ‘back to the future’ writ large.

Their view would appear to be that employees in the bus sector should be covered by a binding overall deal covering both pay and conditions. Where do they get this from?

It appears that neither the ability of a company to pay nor its profitability has ever to enter the equation.