Drinks industry welcomes status quo on alcohol excise

The Chairman of the Drinks Industry Group of Ireland (DIGI), Kieran Tobin, has welcomed the Government's decision to maintain alcohol excise at current levels in today’s Budget.

The Chairman of the Drinks Industry Group of Ireland (DIGI), Kieran Tobin, has welcomed the Government's decision to maintain alcohol excise at current levels in today’s Budget.

Mr Tobin said: "This builds on last December’s excise reduction which was passed-on in full by the industry, and had the effect of stemming cross-border sales and repatriating much of the revenue lost to Northern Ireland, as well as boosting consumer spending, the retail trade, the local drinks market, and the economy in general.

“Today’s decision will also assist the employment intensive on-trade, (pubs, bars, restaurants, nightclubs, and hotels) that has continued to suffer serious declines throughout 2010 (down approximately 14% so far this year)."

More in this section

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up