Rip-off businesses to be named and shamed in Seanad

SHOPS and businesses ripping off consumers will be named and shamed in the Seanad in an effort to bring down prices and encourage competition.

Equally, those charging the lowest prices for goods and services will be named by Fianna Fáil senator Terry Leyden.

Ireland is the rip-off capital of Europe, according to the recent Forfás Consumer Pricing Report. This country is set to become the most expensive country in the eurozone this year with consumer prices 12% higher than the EU average.