BANKS 'BIG PIECE OF THE JIGSAW' - Clients of KPMG gathered at the Conrad Hotel this morning for a post-plan breakfast briefing.
Anna Scally is a tax partner at KPMG, a member of the Government's innovation taskforce, and a director of the American Chamber of Commerce.
She says business reaction to the plan is positive as it will help restore competitiveness to the economy. Ms Scally welcomes the broadening of the tax base and the inclusion of some recommendations from the innovation taskforce.
She also welcomes the commitment to keep the 12.5% corporation tax rate.
Eamonn Quinn is chairman of Nualight, which makes LED lights for refrigerated displays in supermarkets. It employs more than 100 people.
He says one of the company's main problems is access to finance, and the company will be watching closely the steps taken to deal with the banks. He says this is 'the big piece of the jigsaw'.
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CURRENCIES - The euro is trading at $1.3323 and 84.55p sterling.
