VFI President pleads for no excise increase

PRESIDENT of the Vintners Federation of Ireland Gerry Rafter is pleading with the government not to increase excise duty in the upcoming Budget.

PRESIDENT of the Vintners Federation of Ireland Gerry Rafter is pleading with the government not to increase excise duty in the upcoming Budget.

“The drinks industry report has highlighted the face that 34% of the trade since 2007 has disappeared. When you compatre January to July 2011 and 2012 it is down 8%. This is mainly down to economic hardship. If people have money in their pockets they need it for bills or their mortgage and are not spending it in the pub.

“The big fear is that if the government attack us on excise duties they this will result in pub closures and job losses. I am pleading with the government not to increase excise in the upcoming Budget,” he said.