News
Publicans press for strong support package for closed pubs – LVA & VFI
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, Tánaiste and Minister for Public Expenditure Pub Support Package Must be Announced before 31 August Publicans are pressing the Government to […]
Government has abandoned 3,500 pubs – LVA and VFI
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 […]
Pubs can no longer be left in limbo
Most pubs have been unable to trade for 140 days and counting Call for Government to either open the pubs or come up with a “meaningful compensation package” Pubs can no longer be left in limbo around if and when they will be able to trade, according to the Licensed Vintners Association (LVA). With the […]
At least 2,450 Dublin pub jobs lost since pubs closed in March
Represents one in every five jobs in Dublin pub sector On average over 18 jobs are being lost per day 10 Dublin pubs have ceased trading for good since March closure Emphasises pressing need for all pubs to re-open 10 August to minimise further job losses At least 2,450 jobs have been lost in the […]
Worst year in the history of the pub trade
Drinks industry says VAT reduction is now of “utmost urgency” to help pubs as delayed reopening threatens hundreds of businesses July Stimulus hailed by Government as ‘radical and far reaching’ and a ‘package of scale that can be deployed at speed’ must deliver specifically for pubs Government’s decision to further postpone pub reopenings will have […]
What are the Government’s plans for pubs? – LVA
Minister Donnelly says pubs could “materially add to the possibility of a second wave” If pubs will continue to be singled out, special treatment is required The Licensed Vintners Association (LVA) has asked the Government what their future plans will be for the pub sector should further spikes in the infection rate arise? Following comments […]
Hammer blow for pubs who will be unable to trade for 40% of year
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% […]
Drinks industry rejects Central Bank comments and calls for VAT reduction
‘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 […]
Hospitality VAT reduction will not support 3,500 non-food serving pubs closed across the country
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 […]
22,500 jobs at risk in drinks sector as pubs on track for 50% decline in business for the remainder of 2020
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 […]