Government to examine business supports following wave of restaurant closures

Cork restaurant Nash 19 announced it was closing last week. Picture: Larry Cummins

The Government is set to examine the debt warehousing scheme in a bid to help businesses still struggling post-covid.

Tánaiste Micheál Martin confirmed Finance Minister Michael McGrath was ready to examine the phased payments element of the scheme in the wake of a spate of restaurants and cafe closures — four in Cork City in the last 10 days alone — all citing soaring business costs.