Hospitality sector suffers an explosion of insolvencies

Insolvency rates in the hospitality sector have increased by more than 200% in the first half of this year. This comes as the government is expected to increase the 9% VAT rate for the sector in September. With more on this Newstalk Breakfast spoke to Adrian Cummins, CEO of the Restaurants Association of Ireland.

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06.00 18 Jul 2023

Hospitality sector suffers an...

Hospitality sector suffers an explosion of insolvencies

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Newstalk Breakfast

Newstalk Breakfast

Share this article

06.00 18 Jul 2023

Insolvency rates in the hospitality sector have increased by more than 200% in the first half of this year.

This comes as the government is expected to increase the 9% VAT rate for the sector in September.

With more on this Newstalk Breakfast spoke to Adrian Cummins, CEO of the Restaurants Association of Ireland.

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