Drinks and hospitality body warns of 'recession-type' decline if Boris becomes PM

DIGI recommended that the government reduce the excise tax on alcohol by 15% over the next two years in order to deal with this issue.

Should Boris Johnson defeat Jeremy Hunt in the Conservative Party leadership race this week, it could lead to a "recession-type" decline in the drinks and hospitality sector, according to stakeholders.

The Drinks Industry Group of Ireland (DIGI) says that a no-deal Brexit, which would end tariff-free trading between Ireland and the UK, could be detrimental to the industry.