'Prolonged period of high inflation' possible - McGrath

The country may be facing in to a"prolonged period of inflation" according to the Minister for Public Expenditure and Reform Michael McGrath, who said measures to help with the rising cost of living must be timed wisely to have maximum impact.

Mr McGrath said that if Sinn Féin's proposed Budget for this year, as well as its previous demands for extra spending had been met, there would be no fiscal capacity to help families now with the rising cost of living. "It is our view that people will most need further help come the autumn and into the winter period and we will need at that time a set of measures that can have an impact quickly and can be targeted at those who most need help," he added.

Richard Boyd Barrett of Solidarity-PBP said that Dun Laoghaire-Rathdown County Council has confirmed to him that there are no family placements for people in need of emergency accommodation"anywhere in Dublin" - the first time that this has happened. However he added that there is also a case for broad measures, such as those changes that have been made to excise and VAT, to assist more people. 'There will not be an emergency budget, the Government has acted already throughout the year to help as many as we can,' Minister for Finance Paschal Donohoe rejects calls for an emergency budget | https://t.co/XDOIhZhlx1 pic.twitter.

mmcgrathtd Big up to this government and a Green Party heaping an extra 40 euro in to people s electricity utility to pay for and accommodation of data centres people can’t afford their own bill now their rushing legislation for us to pay for them and face blackouts Niall_Boylan

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