Business costs are stubbornly high and continuing to climb, placing relentless pressure on small and mid-sized firms across the country. From the introduction of pension auto-enrolment to hikes in the minimum wage and new statutory entitlements, a series of cumulative labour cost increases continues into 2026. Alma advises SMEs that taking proactive steps to manage the rising cost doing businesses must be a priority in the months ahead. “Family-run businesses, high-potential start-ups, and mid-sized firms play a crucial role in the Irish economy. With many SMEs operating within very tight margins, any changes in these costs can have a significant impact on profitability.

Source: Irish Examiner January 16, 2026 12:14 UTC