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Local businesses to be 'greatly impacted' by Budget 2026

Oct 11, 2025 09:32
By News Northern Sound
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Local businesses to be 'greatly impacted' by Budget 2026

That's according to Co Cavan accountant Mark Reilly.

Local businesses will be greatly impacted as a direct result of Budget 2026.
That's according to Co Cavan accountant Mark Reilly.
Mr Reilly shared his concerns over the 5% increase in minimum wage which he says is great boost for many.

However, the rise in minimum wage and pension auto enrolment scheme come on top of high energy and insurance costs which will hit businesses hard in January.
Mr Reilly also outlined his concerns that productivity in a workplace is not linked with such an increase.
From a business point of view, he believes the government is making it incredibly difficult for local businesses to continue:

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