Ryanair boss Michael O’Leary has hit out at government over energy credit payments, arguing that giving grants to “rich people like me” will not solve inflation.
The CEO spoke to Virgin Media earlier today about rising energy costs and the €200 energy payment that the government plans to issue before Christmas. He said that current attitudes towards the energy crisis were “overblown” and criticised the payment that will be issued to all Irish households.
Michael said: “The more you give consumers blank cheques, the more you drive inflation forward. We all need to tighten our belts and the only way out of it is to reduce needless spending.”
