Local and National Issues

Lower VAT rate must be retained in face of Brexit and sterling devaluation – Remaining cost competitive is essential to mitigate impact of declining visitor numbers from UK .

  Fianna Fáil Spokesperson on Transport, Tourism and Sport Robert Troy TD has warned that the tourism industry faces significant challenges as a result of Brexit and has called for the retention of the 9% VAT rate to help overcome these difficulties. The number of UK tourists visiting Ireland has dropped by 6.8% over the last year which highlights the importance of cost competitiveness for the tourism industry. Deputy Troy said, “Rapidly falling tourism visitors from the UK due to Brexit and sterling devaluation is now becoming a reality. However I get a clear sense from...
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Solutions needed for long-term mortgage arrears cases – Troy

Fianna Fáil TD Robert Troy has welcomed the latest reduction in mortgage arrears but has said a renewed focus has to be placed on resolving the stubbornly high number of long-term arrears cases.  Deputy Troy was commenting on the latest quarterly mortgage arrears statistics published by the Central Bank today.   "I welcome the fact that the trend of falling levels of mortgage arrears had been continued in today's statistics from the Central Bank, even though the number of new...
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