Bus company viability and employment
Daly warned that delays in decisions on school and rural buses could threaten the company’s survival. The Minister said CIE must operate within its capped subvention and might have to make staff redundant.
Unless a clear decision is given soon in relation to school buses and rural buses there is a real likelihood of the company getting into a very serious position from which they may not recover.
Comment on this
As I have said, this is a private company and I cannot be held responsible for their welfare in future. Of course I am concerned about the needs of CIE and about employment, but CIE are allowed under the national plan and under the new regime which I introduced in mid-1983 so much taxpayers' money. A limit has been set on the amount of subvention available to them and they must live within that limit. They may have to make some of their staff redundant.
