VAT restoration set to be key issue for incoming Finance Minister 

Lobby groups moved quickly to set out their demands for Jack Chambers

Jack Chambers has been named new minister for Finance. Photo: Leah Farrell/© RollingNews.ie

The appointment of Jack Chambers as Finance Minister has been welcomed by the business community but hospitality groups have been quick to outline what they want to see from Michael McGrath's successor. 

Representative bodies have praised Mr Chambers for his "proven track record" of supporting the tourism sector, however, the incoming Finance Minister has been urged to review the industry's VAT rate, as well as tackle the cost of doing business and ensure long-term sustainable development for the sector.