Wage demands deter multinationals

DUBLIN has become less attractive as a location for multinational companies because high living costs have pushed up wage demands, top economists have warned.

Colin Hunt, of Goodbody stockbrokers, said that if companies were looking for a reason to pull out of Dublin, livings costs were a factor.

“It is a negative if multinational companies have to pay ex-pats more to work here, it erodes profits,” he said.