More job losses could be arriving down the line for Co Tipperary with the news that the fashion retail chain Carl Scarpa has gone into examiner-ship. The chain which began operating in the early seventies selling shoes and accessories employs more than 80 people in 21 outlets, one of which is in based at No 6 Gladstone Street, Clonmel, Co Tipperary.
Examining, Mr Justice Gerard Hogan stated that the stores had established a strong brand; selling shoes designed for the fashion conscious consumer and described Carl Scarpa’s present difficulties as sadly an all too familiar site in the present Irish retail sector. At the moment however the business cannot pay its debts, including in the region of €200,000 in tax arrears due to Irish Revenue.
Carl Scarpa site Legacy Debt and above Market Rents as being partially to blame for their current trading difficulties.
Earlier this week the US pharmaceutical giant Merck said it would eliminate an additional 8,500 jobs worldwide as it seeks to cut costs by $2.5 billion by the end of 2015. The new job cuts, combined with previously announced cuts of about 7,500, will slash some 20% of their current global workforce of 81,000 by end-2015. The company has been under pressure following the expiration of patents on some key drugs.
Merck employs some 2,000 people in Ireland, with over 400 employees at its manufacturing facility at Ballydine, Kilsheelan, Clonmel, Co Tipperary. The company’s plant near Kilsheelan exports to some 30 countries. Back in 2010 a new research and development site was opened. The worry for Tipperary employees is that most of Merck’s new expected savings are expected to come via marketing and administrative expenses, including a cut back in research and development.
Merck & Co have already agreed to close its MSD (Merck Sharp & Dohme) plant at Rathdrum in Co Wicklow by the end of 2015, resulting in the loss of 280 jobs and had planed to relocate products manufactured in Rathdrum to MSD sites in Ballydine and Singapore, as well as to third-party manufacturers.
Job Creation In Tipperary
The Irish Industrial Development Authority (IDA) boasts of its successes in achieving strong net job performance mainly through foreign direct investment particularly over the previous 12 months. It should be noted however that some 54%, or 6,389 of their created jobs were in Co Dublin, while some 1,979 jobs were created in Co Cork during this same twelve month period.
Here in the County of Tipperary, alas in the South of our county a mere ten jobs were only put in place, (Fifth from bottom of the overall job creation list nationally) and to equate this to North Tipperary, we saw not even one single job created, (Bottom of the overall job creation list nationally) during this same period.
While unemployment figures may have improved very slightly in the larger Irish cities, Thurles and Tipperary presently sit under a dark cloud while awaiting details of the next budget. If a reversal in the current 9% VAT rate is implemented, as was recently muted by Finance Minister Michael Noonan, then hospitality and services sectors in the county will have no alternative but to shed further employees, thus ultimately leading to net losses for the exchequer and the further destruction of rural Ireland.
Michael Lowry TD
Independent North Tipperary TD Michael Lowry has been cleared by the Political Standards Watchdog, following complaints made regarding his non-declaration of land, understood to be partially owned by him in the North West of England.
Under Dáil Éireann rules, Irish TD’s are obliged to declare their ownership of all land worth over €13,000. A large number of individuals had complained that Mr Lowry had not included details of his part share in a 21-acre site located in Wigan, England, on his official Dáil Éireann declaration.
The Standards in Public Office Commission are understood to have hired professional land valuers who confirmed that the land owned by Mr Lowry was worth less than €13,000 and therefore exempted his need for any such declaration being necessarily required.
In correspondence to Mr Lowry, the Commission confirmed that having received the valuation report, it had decided that the evidence supplied was sufficient not to sustain the complaints received, and further confirmed that it had now decided not to pursue any further investigation into these complaints of non-declaration.
Allsop Space, the UK’s market leader in commercial and residential auctions, will bring 107 investment and residential properties to auction on October 15th. The properties in total have a combined reserve of over €11million.
Investment properties up for sale will include a number of properties from North Tipperary including the 24-bedroom Grant’s Hotel, in Roscrea, Co. Tipperary, (Lot 19) which has a reserve range of € 350,000 – € 400,000; the premises known as Friary Pharmacy, (Lot 11) Friar Street, Thurles, Co. Tipperary, which has a reserve of €200,000; House at Glenbower, (Lot 60) Coolbaun, Co. Tipperary, and Ashbury Industrial Estate, (Lot 46), Ashbury, Roscrea, Roscrea, Co. Tipperary .
Allsop Space state that the properties on sale will house the future businesses and enterprises that will support jobs, growth and investment all across Ireland. The people who will buy shops, factory units and offices are the people who will work to get Ireland out of its current difficulties while investing in Ireland’s future prosperity.
Allsop Space have reaffirmed its pledge not to offer for sale any repossessed family homes at this or any future auction.
The Auction will take place at the RDS, Merrion Road, Ballsbridge, Dublin 4, beginning at 10:00am on October 15th.
Mr Michael Harty, Loans and Marketing Officer with Thurles Credit Union, reports;
Thurles Credit Union September Cash Draw winners were Martin and Statia Ryan, residing at Moyne Road, Thurles, Co Tipperary.
Pictured at the lucky winners presentation shown (left to right) above were:- John Fogarty (Deputy CEO Thurles Credit Union) with Statia and Martin Ryan (Winners).
Congratulations also to the other cash prize winners which included; Ms Betty Fanning, Gaile, Holycross; Mr Raymond Purcell, Foulkscourt, Johnstown; Ms Madeline McCoole, Rosemount, Thurles; and Mr James Mahony, Collins Park, Thurles.
Thurles born Mark Fielding, CEO of the Irish Small and Medium Enterprises Association (ISME) Reports;
Here is a chance to enhance your business for free, simply by attending one of the Irish Small and Medium Enterprises Association (ISME) briefing sessions taking place this Autumn/Winter across the country.
Specially designed to give Owner /Managers, like you, a competitive edge, these Sessions will examine today’s operating environment for SME’s and ask what does the future hold in store for you? Each session is focused on imparting practical and relevant information to owner / managers.
ISME AUTUMN BRIEFING SESSION TOPICS:
- 10 Ways to Step Out of the Recession; the “Back to basics” checklist for getting your business working again.
- When National Employment Rights Authority (NERA) Inspectors come calling. Avoid fines and litigation. Know what NERA are looking for and what you need to know to be fully compliant.
Mr Mark Fielding CEO ISME
Dates of Briefing Sessions
Wednesday September 18th, 2013 – to – Wednesday December 4th, 2013
Time and Place
18th Sept: 10:00am-12:30pm, Hotel Kilkenny – KILKENNY
18th Sept: 5:30pm – 8.00pm, Silver Springs Hotel – CORK
19th Sept: 10:00am-12:30pm, Carlton Hotel – TRALEE
19th Sept: 5:30pm – 8:00pm, The Strand Hotel – LIMERICK
25th Sept: 10:00am – 12:30pm, Fairways Hotel – DUNDALK
25th Sept: 6:00pm – 8:30pm, Red Cow Hotel – DUBLIN
3rd Dec: 6:00pm – 8:30pm, Stillorgan Park Hotel – DUBLIN
4th Dec: 5:30pm – 8pm Ferrycarrig Hotel – WEXFORD
Register Now! Remember all sessions are FREE, but Registration is Essential, as places are limited.
Contact: MARK FIELDING, Tel: 00353-16622755 or register online at email@example.com.