Insolvencies in the hospitality sector are down 27pc so far this year. Even though a VAT rate cut has not come into effect yet. Some experts have said that they don’t expect the cut to reduce the number of insolvencies any further. So, is the VAT cut necessary at all?   

Claire discusses this further with Barra Roantree , Assistant Professor of Economics at Trinity College and also Anthony Gray, owner of Hooked and Eala Bhán in Sligo.