PRSI hike: Bruton warns against increasing costs to business

Jobs Minister Richard Bruton has expressed wariness about increasing the cost of doing business, after Social Protection Minister Joan Burton indicated she would be in favour of a hike in PRSI contributions from employers and workers.

Speaking at a Labour Party event over the weekend, Minister Burton said the benefits paid out by the State far exceed employer/employee PRSI contributions, and that "something has to give".