Further supports are required for small and medium-sized enterprises to increase businesses and improve consumer demand.
That’s one of the key findings in the latest SME Market Monitor published by the Banking and Payments Federation.
It says despite the fall in Covid 19 infections, certain sectors such as accommodation and food services have not recovered fully.
Brian Hayes of the Banking and Payments Federation says Government supports are crucial to ensure that struggling businesses can get over the current spike in energy costs:
