Jim Power

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Elephant & Castle, Temple Bar, is owned by Press Up

A report on the impact of anti-virus restrictions that was prepared for the Press Up hospitality group claims taxpayers could face an industry compens(...)

Economist Jim Power  said the VAT refund scheme contributes €108 million to the economy, with a large proportion of this spent outside Dublin

The Government has reduced the value threshold for VAT refunds on goods bought in the EU and exported overseas in order to help retailers affected by (...)

An interior shop of the Kilkenny shop on Nassau Street in Dublin, a popular destination with tourists. New legislation could limit VAT refunds on goods bought by visitors from non-EU countries.  Photograph: Crispin Rodwell

Proposed tourist VAT refund changes threaten 1,200 jobs and risk the loss of €108 million to business, a report published on Monday claims. Brexit le(...)

The report claims workers could inject €2.6 billion into the economy. Assuming a conservative 1.5 times “multiplier effect”, the full stimulus would be €3.9 billion.

The Government has rebuffed a proposal from the company behind One4All gift cards to introduce a scheme that it claims could deliver a €3.9 billion st(...)

One of the reasons attributed by the sector to the collapse in  price of coaches is the decline of UK operators. Photograph: iStock

Irish coach hire companies have watched the value of their assets plummet due to the failure of UK operators and a flood of second-hand, unwanted vehi(...)

“Some commercial landlords seem to be oblivious to fact that Ireland is in an economic crisis.” Photograph: iStock

The Restaurants Association of Ireland has called on the Government to take urgent action to help restaurants deal with landlord disputes over the cha(...)

The last 106 days have had a devastating impact on the hospitality and tourism sector. Photograph: Mahmud Hams/AFP via Getty Images

The Restaurants Association of Ireland has been consistently lobbying the Government tirelessly for the past 17 weeks calling on them to put in place (...)

Turnover in the coach sector has fallen 95%, according to a report from economist Jim Power, equating to a loss of €586m. Photograph: iStock

Ordinarily in the summer months you wouldn’t travel too far in Kerry or Connemara before seeing a bus filled with American tourists. Some of these w(...)

The Restaurant Association of Ireland wants the State’s subsidised wages scheme  to be extended beyond the current scheduled expiry in August. Photograph: iStock

The Restaurant Association of Ireland is seeking a package of supports totalling €1.8 billion, amid claims that one in every two businesses in the ind(...)

 It is imperative that some type of scheme is developed in order to prevent a long-term unemployment crisis from developing. Photograph: Colin Keegan / Collins Dublin

We are living through the strangest of times and we have very little visibility on when we will fully re-emerge and what we will eventually re-emerge (...)

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