Why rely on boring evidence and science when you can just do what you want and get away with it?
I wonder what civil servant got the hard sell?
As usual, none of this will reach the consumers pocket – it will just create higher margins for the retailers.
Yup, we know.
From what I’m know it is for restaurant and drinks. If it includes pubs, it may actually be good
HOWEVER
they are trying to extend it to hotels so if thst happens, €550m will disappear into someone’s pockets
In fairness there has been a wave of closures.
Although I’d prefer to see the government actually solve the problems (cost of utilities, etc).
That VAT reduction is going straight into the business owners pocket.
They wouldn’t pass it on the the consumer. So no it shouldnt be reduced.
Typical blunt instrument economics from our government.. done with the largest benefit reaped by large hotel’s who do not need it… versus the small hospitality operators crying out for it
Just spat out my 9 euro pint – really ?
Hospitality and especially restaurants have always had a high failure rate – estimated at 53% at 5 years(DIT), interestingly that rate is higher in the UK at close to 80% – they don’t need saving from what is an inherent risk in their business
Just like the minimum unit pricing for booze. The public sure weren’t asking for it.
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Colour me surprised.
Why rely on boring evidence and science when you can just do what you want and get away with it?
I wonder what civil servant got the hard sell?
As usual, none of this will reach the consumers pocket – it will just create higher margins for the retailers.
Yup, we know.
From what I’m know it is for restaurant and drinks. If it includes pubs, it may actually be good
HOWEVER
they are trying to extend it to hotels so if thst happens, €550m will disappear into someone’s pockets
In fairness there has been a wave of closures.
Although I’d prefer to see the government actually solve the problems (cost of utilities, etc).
That VAT reduction is going straight into the business owners pocket.
They wouldn’t pass it on the the consumer. So no it shouldnt be reduced.
Typical blunt instrument economics from our government.. done with the largest benefit reaped by large hotel’s who do not need it… versus the small hospitality operators crying out for it
Just spat out my 9 euro pint – really ?
Hospitality and especially restaurants have always had a high failure rate – estimated at 53% at 5 years(DIT), interestingly that rate is higher in the UK at close to 80% – they don’t need saving from what is an inherent risk in their business
Just like the minimum unit pricing for booze. The public sure weren’t asking for it.
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