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The 5 at 5 Five minutes, five stories, five o’clock…

EVERY WEEKDAY EVENING, The Journal brings you five of the biggest news stories of the day so far.

1. #WELCOME HOME The Irish Olympians have arrived in Dublin city centre where a huge crowd over 20,000 people gathered to welcome them home from Paris.

2. #MALTA An Irishman has been shot dead by police in Malta after allegedly murdering a woman yesterday.

3. #THREATS A man in his 40s has been charged by gardaí as part of an investigation into online threats made against Taoiseach Simon Harris. 

4. #FINES Airlines and ferry companies will face higher fines for undocumented passengers from today, the Minister for Justice Helen McEntee has announced. 

5. #RIP Former Connacht rugby player Rory Burke has passed away at the age of 30, the club has announced.

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    Mute Jack Cass
    Favourite Jack Cass
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    Sep 30th 2024, 5:48 PM

    Does anyone know of one bar or restaurant, or hair salon for that matter, that reduced their prices when they last sought and received a 4.5% VAT reduction? Furthermore, does anyone know of one bar, restaurant or hair salon that didn’t increase their prices by at least 4.5% when the VAT rate was returned to 13.5%?

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    Mute Alex
    Favourite Alex
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    Sep 30th 2024, 5:54 PM

    @Jack Cass: Of course not. Price only goes up, never down. Price gouging seems to be a national sport in Ireland unfortunately.

    279
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    Mute another one? what's going on is the semi state sec
    Favourite another one? what's going on is the semi state sec
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    Sep 30th 2024, 7:11 PM

    @Jack Cass: The reduction is to help them, not the customers

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    Mute Tom O' Donnell
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    Sep 30th 2024, 9:27 PM

    @Jack Cass: I know plenty of bars and restaurants that have closed down though. I doubt they did that before setting Thor prices to the minimum viable

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    Mute Richard Keogh
    Favourite Richard Keogh
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    Sep 30th 2024, 11:07 PM

    @Jack Cass: The point of the reduction was not to reduce prices for consumers, it was so that the costs for the businesses would come down and they could afford to stay open at a time when energy, insurance, wages and all other inputs were skyrocketing. The reason prices kept rising when the vat rate returned to 13.5% is that those costs are still rising. Government imposed costs such as the extra bank holiday, increased sick days, increased employer prsi have a huge effect on an industry that has to employ a lot of staff but which operates on very small margins. If you think it’s an industry that makes super profits then explain why so many have closed or gotten into serious financial problems in the past number of years e.g. Press Up Group.

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    Mute Jason Memail
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    Oct 1st 2024, 1:11 PM

    @Richard Keogh: Press up group is an awful example if you’re wanting to talk about the hard-pressed hospitality business. Leveraged to the hilt and it all comes crashing down eventually.

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    Mute Larry Betts
    Favourite Larry Betts
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    Sep 30th 2024, 6:13 PM

    ‘Standard’ VAT rate of 23% on toilet paper,shampoo and toothpaste. Everyday essentials. It means every time you spend €5 on these products roughly €1 goes to the exchequer. To pay for bike sheds and security huts.

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    Mute Rochelle Hart
    Favourite Rochelle Hart
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    Oct 1st 2024, 1:22 AM

    @Larry Betts: Michael Stone needs another yacht, those things don’t pay for themselves.

    17
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    Mute martin finnegan
    Favourite martin finnegan
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    Sep 30th 2024, 5:51 PM

    Will they pass on to customers i think not

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    Mute Mary.E.
    Favourite Mary.E.
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    Oct 1st 2024, 12:21 PM

    @martin finnegan:
    Hotel prices have more than doubled over the past 2 yrs (.Assuming you can find one)
    Eating out is twice the price .
    Will they return to 2022 prices.
    Definitely not.

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    Mute Gerry Kelly
    Favourite Gerry Kelly
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    Sep 30th 2024, 7:36 PM

    The decision on this – as one so many other important business decisions will be heavily influenced by senior civil servants who have permanent pensionable Monday to Friday secure jobs, and who have never come remotely close to ever running a business themselves. ( Having a degree is NOT the same thing )
    Many of the recurring problems in modern Ireland stem from this fact.

    59
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    Mute SV3tN8M4
    Favourite SV3tN8M4
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    Sep 30th 2024, 11:00 PM

    Lowering the Vat rate won’t help small cafes & restaurants, Roderic O Gorman has destroyed Irish Tourism in less than 2 years, particularly along the Western seaboard. A business & brand that took decades to build wiped out by ROG in 2 years. Multi millionaires been made now out of IPAS accommodation, the biggest growth business in Ireland. Unfortunately it does nothing for Tourism or Hospitality.

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    Mute Mick Duvanny
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    Oct 1st 2024, 6:23 AM

    @SV3tN8M4: It sounds like those business are doing quite well

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    Mute Stephen Heffernan
    Favourite Stephen Heffernan
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    Sep 30th 2024, 5:47 PM

    So they won’t reimplement the 9% rate as it will cost €764m or €545m for the year. If only there was €14bn coming into the coffers in a few months…

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    Mute Toca Stories
    Favourite Toca Stories
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    Sep 30th 2024, 5:50 PM

    @Stephen Heffernan: why would or should they. The hospitality industry didn’t pass the reduction on the last time. If they do reduce the vat rate then everyone needs to accept that it is a direct subvention to the running costs and profit of the industry and not be looking for prices to reduce…because they won’t. I’d rather my tax money was used in better ways….just my opinion

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    Mute Michael o connor
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    Sep 30th 2024, 5:58 PM

    @Stephen Heffernan: the hotel gouging for the likes of the Oasis concert will more than make up for it.

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    Mute Stephen Heffernan
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    Sep 30th 2024, 6:48 PM

    @Toca Stories: I agree and I don’t think prices would decrease for the customer. I’m just pointing out the fact that they’re using cost as the reason to not reimplement it when in fact there’s plenty of money available if they wanted to do it.

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    Mute Tom tom
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    Sep 30th 2024, 5:42 PM

    Buy 50 pints in the bar of your local hotel and get a free nights accommodation.

    24
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    Mute Liam Byrne
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    Sep 30th 2024, 9:49 PM

    Why are they consulting these businesses. The lower VAT rate is to benefit the consumer isn’t it?

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    Mute Richard Keogh
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    Sep 30th 2024, 11:08 PM

    @Liam Byrne: No, it was to keep businesses alive, it was never about lowering prices for consumer.

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    Mute Padraig O'Brien
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    Sep 30th 2024, 6:51 PM

    Hahahahahaha!

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    Mute Eoghan Augusta
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    Oct 1st 2024, 11:26 AM

    Definitely not hotels.. they took the shillings for refugees and opened the rest of the hotel at double the price. You can’t have it both ways. Greed.

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    Mute ahhhhh Ted...... Tubridys going into comedy
    Favourite ahhhhh Ted...... Tubridys going into comedy
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    Oct 1st 2024, 12:45 AM

    It’s a race to the bottom.

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    Mute he didnt take the 120k because he already got it s
    Favourite he didnt take the 120k because he already got it s
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    Oct 1st 2024, 9:20 AM

    They robbed the country blind when vat rate dropped to help them, so i say f the lot of them bring their vat rate up to 23% the greedy robbin bstrds

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    Mute Dominic Leleu
    Favourite Dominic Leleu
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    Oct 1st 2024, 10:38 AM

    the price will not decrease if they even get that.
    it will continue to get higher, and less rooms will be available anyway and everybody knows why

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