I refer to my recent representations to the Government concerning the dramatic level of closures across the hospitality and SME sector. The figures on closures make for grim reading. The sector is reeling from the perfect storm. A huge increase in operational costs, combined with the soaring cost of living, have sounded the death knell for these small businesses. A number of Government decisions in the budget had unintended consequences and if not revisited, the shutters will fall on many more cafés, restaurants, shops and vital community hubs. It is crucial that the Government bring forward a support and survival package for the sector.

I thank Deputy Lowry. I confirm that the Minister for Enterprise, Trade and Employment, Deputy Coveney, has just left the House to attend a meeting with representatives of the hospitality sector to discuss what we accept are increasing costs. Many of these are down to market issues, be they energy or interest rates. We accept that correct Government decisions to increase the minimum wage and access to sick pay come with a cost to employers. We are looking at all options and will continue to engage with the sector at this pressing time. No closure is a good closure. We want to make sure we can keep viable businesses in the sector open. I will continue to discuss the matter with the Deputy.