Boost for business as city rates hike on hold

BUSINESS in Co Limerick received a Christmas boost with a decision of the local authority not to raise rates for 2008.

County manager Ned Gleeson said the county council’s decision would ensure Limerick remained an attractive location for new and existing investment.

“The commercial valuation of Co Limerick continues to increase and the 2008 valuation shows an increase of over 4% on the 2007 figure,” he said.