Author name: Jimmy Healy

Dublin pubs closed for COVID19 crisis

Publicans press for strong support package for closed pubs – LVA & VFI

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Vintners Groups not optimistic pubs will be allowed reopen end August in light of recent Covid trends Funding Urgently Required for Pubs Now Closed over 5 Months Need for support directly conveyed to Taoiseach, TĂĄnaiste and Minister for Public Expenditure Pub Support Package Must be Announced before 31 August Publicans are pressing the Government to […]

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LVA publishes Irish Hospitality Industry Manifesto

Government has abandoned 3,500 pubs – LVA and VFI

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Decision will be met with fury and despair across the sector Government “sympathy” won’t save businesses or jobs  Meaningful support essential with pubs facing full blown crisis The Government has abandoned the 3,500 smaller pubs across Ireland following their decision to stop pubs from reopening next week according to the Licensed Vintners Association (LVA) and

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Dublin pubs closed for COVID19 crisis

Hammer blow for pubs who will be unable to trade for 40% of year

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Compensation and support essential for survival of pub sector, in light of threat of future waves LVA seeks immediate discussions with Government on future of pub sector The Licensed Vintners Association (LVA) has described the Government’s decision to postpone the reopening of pubs as a “hammer blow” for these businesses who will now go 40%

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Drinks industry rejects Central Bank comments and calls for VAT reduction

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‘Evidence based decision making rather than opinion is required’ Makhlouf scepticism on VAT rate reduction fails to consider the impact of a temporary VAT reduction on on-trade alcohol sales (in pubs, restaurants and hotel bars), according to the drinks industry Group seeks VAT rate reduction on sales of alcohol as temporary and targeted measure which

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Hospitality VAT reduction will not support 3,500 non-food serving pubs closed across the country

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VAT rate cut on alcohol sought as a temporary measure to help pubs survive until demand increases and consumer confidence returns in early 2021 – LVA, VFI and Ibec’s Drinks Ireland Hospitality VAT rate cut will deliver nothing for the 3,500 closed pubs that do not serve food. VAT cut must be extended to VAT

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22,500 jobs at risk in drinks sector as pubs on track for 50% decline in business for the remainder of 2020

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Economist Anthony Foley authors report on impact of Covid-19 on the drinks industry and analyses the effect of a reduced VAT rate on on-trade alcohol sales Report concludes that consumer demand will be lower after lockdown due to higher unemployment and reduced earnings while it will likely be 2023 before we reach pre-Covid labour market

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