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Business Matters with Karl Fitzpatrick
Adrian Cummins from the Restaurants Association of Ireland on his fears for more restaurant closures
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Adrian Cummins, Chief Executive of the Restaurants Association of Ireland, joins Karl Fitzpatrick, to explain how there has been 600 closures of food-led businesses since the reintroduction of the 13% VAT rate for hospitality businesses, the eroding margins which restaurants are faced with and why the failure to reduce the VAT rate to 9% and increasing the minimum wage in next week’s Budget could lead to a further 1000 closures.
#KarlFitzpatrick #businessmatters #irishbusiness #irishbusinessnews #businessnews #entrepreneur
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