Construction Industry Federation slams ESRI

The Construction Industry Federation (CIF) has hit out at the Economic and Social Research Institute (ESRI) for advising the Government to go beyond agreed fiscal austerity by further reducing "the already limited capital investment" in the economy and increasing taxes on income.

CIF director general Tom Parlon said proposals outlined today by Joe Durkan of the ESRI on Morning Ireland about restoring the State’s finances to good health wouldn’t work.