News

Ireland Revealed as Having Second Highest Alcohol Excise Duty Across EU and UK 2560 1707 Support Your Local

Ireland Revealed as Having Second Highest Alcohol Excise Duty Across EU and UK

Ireland Revealed as Having Second Highest Alcohol Excise Duty Across EU and UK Drinks sector urge Government to begin process of reducing excise duty in Budget 2024 as cost of doing business soars. Excise duty on the price of a pint 11 times higher in Ireland compared to Germany. Excise duty on a glass of…

Survey shows rural publicans feeling the pressure amid rising cost of doing business 2560 1707 Support Your Local

Survey shows rural publicans feeling the pressure amid rising cost of doing business

Survey shows rural publicans feeling the pressure amid rising cost of doing business Energy, staffing, taxes and insurance identified as biggest cost drivers. Publicans call for reduction in excise duty in upcoming budget. A new survey of publicans has found that 44% of rural pubs have seen their business costs rise by over 30% with…

Almost 2,000 pub closures across Ireland since 2005, new analysis shows 2560 1920 Support Your Local

Almost 2,000 pub closures across Ireland since 2005, new analysis shows

Almost 2,000 pub closures across Ireland since 2005, new analysis shows 108 pubs closed their doors in 2022 alone with rural Irish communities the worst hit by closures Analysis shows the rate of decline in rural pubs has accelerated since Covid-19 • Drinks Industry Group of Ireland analysis shows Irish pub decline reaches an alarming…

An excise rate cut would reduce costs for 1,000s of businesses overnight – hospitality sector 2560 1784 Support Your Local

An excise rate cut would reduce costs for 1,000s of businesses overnight – hospitality sector

An excise rate cut would reduce costs for 1,000s of businesses overnight – hospitality sector DIGI calls for excise tax on drinks to be reduced by 7.5% in Budget 2023 Call comes amid dramatic increases in costs as electricity prices for businesses are an eye-watering 60% higher than the EU average, gas users experienced a…

Cost-of-living crisis leaves many in the hospitality sector vulnerable as costs soar 2560 1707 Support Your Local

Cost-of-living crisis leaves many in the hospitality sector vulnerable as costs soar

Drinks Industry Group of Ireland analysis makes for dismal reading for hospitality business owners Report finds that all hospitality businesses are experiencing soaring cost increases across food products (up 8.1%); meat products up (11.3%); poultry products up (13.4%); and dairy products (up 50%) Electricity prices for businesses are an eye watering 60% higher than the…

Irish consumers pay more tax on a pint of beer than 25 EU member states and UK 678 272 Support Your Local

Irish consumers pay more tax on a pint of beer than 25 EU member states and UK

Industry leaders warn of impact of high excise tax on consumers and the hospitality sector as cost-of-living crisis worsens Ireland has the second highest overall rate of excise tax on drinks when compared to the EU27 and UK Ireland has the highest wine excise in the EU27 and UK, while fifteen EU countries do not…

Over 21% decline in Irish pubs since 2005, new report shows 909 542 Support Your Local

Over 21% decline in Irish pubs since 2005, new report shows

1,829 less pubs in Ireland over 16-year period, while 349 closed during Covid period Drinks Industry Group of Ireland analysis shows 21.2% (1,829) of pubs closed between 2005 and 2021 Decrease in pubs in every county in Ireland, while 4.9% (349) of pubs closed throughout pandemic period 2019 – 2021 Laois most affected reporting a…

Highest EU and UK tax burden on Ireland’s hospitality industry ‘unsustainable’ in post pandemic recovery 2560 1714 Support Your Local

Highest EU and UK tax burden on Ireland’s hospitality industry ‘unsustainable’ in post pandemic recovery

DIGI says Government must prioritise industries most impacted by pandemic with ‘actions’ and not ‘promises’ in Budget 2022 as high tax rates will delay recovery and cost jobs Group estimates that the drinks and hospitality industry is set to employ 140,000 people in 2022 – 40,000 fewer than in Q4 2019, the last pre-pandemic quarter…

New Drinks Industry Group of Ireland (DIGI) analysis warns of two-tier recovery in 2022, with hospitality facing major post-Covid challenges 1702 2560 Support Your Local

New Drinks Industry Group of Ireland (DIGI) analysis warns of two-tier recovery in 2022, with hospitality facing major post-Covid challenges

40,000 fewer jobs in drinks and hospitality industry in 2022 as impact of pandemic set to continue despite predicted economic recovery – new analysis New Drinks Industry Group of Ireland (DIGI) analysis warns of two-tier recovery in 2022, with hospitality facing major post-Covid challenges DIGI analysis of DCU economist report suggests weakened tourism demand will…

Concern for recovery of hospitality sector as new report shows Ireland has second highest excise rates in Europe 2560 1707 Support Your Local

Concern for recovery of hospitality sector as new report shows Ireland has second highest excise rates in Europe

Concern for recovery of hospitality sector as new report shows Ireland has second highest excise rates in Europe Industry warns high excise rates will impact on ability of sector to recover and attract tourists back to Ireland DCU economist report shows Ireland is an outlier in Europe with the second highest overall excise tax rate…