February 11, 2021
Tánaiste should put personalised attacks aside and work to support small businesses – Pearse Doherty TD

Sinn Féin spokesperson on Finance Pearse Doherty TD has expressed his disappointment over the Tánaiste’s personalised attacks in the Dáil as he sought a solution for small businesses who are being refused Covid-19 claims by their insurers.

Deputy Doherty called on the Tánaiste to put politics aside and do his job by standing up for small businesses that are struggling to survive.

Speaking today, Teachta Doherty said:

“Today, the Tánaiste refused to engage in a serious discussion regarding the struggles facing small businesses against their insurers.

“Instead, he engaged in personalised attacks while I sought a solution to an issue that is impacting thousands of businesses across the State. This is disappointing, but unsurprising.

“It is my view that the Central Bank have failed to protect policyholders as their consumer protection mandate requires.

“Their inaction is in stark contrast to the proactive work of the FCA in Britain.

“As a result, four pubs had to go to the courts to access valid claims, with many more businesses now facing the prospect of costly litigation to access claims they are entitled to under the policies they have paid for.

“All of these businesses are struggling, and some of them may never recover. These claims could provide the financial lifeline that sees them through this pandemic.

“I have called on the Central Bank to undertake an examination similar to the Tracker Mortgage Examination.

“In July 2019 Leo Varadkar called on the Central Bank to loosen mortgage lending rules; a call echoed by Fianna Fáil in February.

“I am calling on the Central Bank to do something much more sensible – that is to intervene on behalf of policyholders who they are mandated to protect and examine business interruption insurance policies.

“It is right and proper for the Minister for Enterprise to support that view and make it known to the Central Bank.

“The Tánaiste should put personalised attacks and petty politics aside and do his job in standing up for small businesses.”

Follow us online

Latest Tweets

On Friday, 7th June, you can elect a mayor that will stand up for Limerick and deliver for workers and families.

As mayor I will tackle the housing crisis, work to fix the issues at our hospital and deliver the investment needed to transform our city and county.

Vote for a

The demand for strong leadership and positive change is growing across the island.

I was delighted to be in Drogheda and Dundalk to meet with workers, families, community organisations, and business leaders.

Wherever I visit, be it Dundalk or the Shankill Road, one thing is

.@DaithiDoolan wants to be your voice in Europe

A vote for Sinn Féin in the European elections is a vote for strong representation.

A vote to stand up for Ireland.

A vote for change.

On Friday 7th June, in Dublin vótáil Sinn Fein 1 & 2

A positive day canvassing in Killybegs with Donegal Council election candidate Linda Boyle & @PearseDoherty speaking with, & listening to local families, business people, & fishermen about the need to deliver real change on their behalf.


Load More