Statistics on rates indicates level of business closure

Figures published today have given an indication as to how many businesses have closed in Donegal with the Glenties elecoral area the worst affected.
The council, for 2008, has written off almost 17% of rates due in the Glenties Electoral area, far in excess of other areas of the county.
The level of rates written off by the council as irrecoverable in areas was 6.7% in Inishowen, 3.3 in the Donegal Electoral area, 8.9% in Letterkenny and 1.4% in Stranorlar.
While all of the rates that cant be recovered are not all associated with businesses closing, the County Manager Michael McLoone said it was a strong indication of the level of business closures.
A report is to be compiled looking at the extent of businesses closures in the County.
Independent Glenties Area Councillor Seamus O’Domhnaill says the situation needs to be addressed:

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