VAT Cut Didn’t Lower Prices But Helped Businesses | Galway News

The government’s return of the 9% VAT on essentials like food and haircuts didn’t deliver the price relief many hoped for—only one item, a kids’ chicken goujon meal, dipped slightly. Five others rose, including burgers and pizza, while most stayed flat. Originally a pandemic lifeline, the VAT cut is now permanent, aimed at easing business costs and saving jobs. Though restaurants weren’t forced to lower prices, the move appears to be working: hospitality bankruptcies dropped nearly 26% this year, showing businesses are gaining confidence and staying open. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c7e18dc8d663aebd