Cork County Council signals first hike in rates for 5 years

The first increase in rates in Co Cork in five years could be on the cards.

Following a lengthy debate in County Hall on the potential fallout from the Government’s decision to re-evaluate rates throughout the country, county manager Martin Riordan signalled that the cash-strapped council might no longer be able to stave off increases.

Over the past five years Mr Riordan has resisted a hike in rates, saying he was well aware businesses were suffering from the downturn in the economy. But it appears his views may now have changed somewhat.