Galway Bay FM newsroom - A local TD is warning a "rates holiday" is urgently needed to save smaller businesses that are on "life support' amid spiralling costs.
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Deputy Michael Fitzmaurice says it has been done before during COVID - and if action isn't taken now, businesses will fold.
He feels a €500m national fund should be established to provide a cushion for businesses who can prove they're struggling.
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Speaking to Galway Talks, he argues if we don't provide support now, we'll end up paying for it even more down the line.
