In the absence of government action, Irish retailers can only hope that the external environment somehow improves. It is predicted that the next UK government will have to hike taxes by a significant measure (including VAT, possibly to 20%) to plug the massive whole in the ailing economy, which will go some way to levelling the playing field. By mid-2010 it is likely that UK prices, particularly alcohol prices, will be much closer to those in Ireland

In the absence of government action, Irish retailers can only hope that the external environment somehow improves. It is predicted that the next UK government will have to hike taxes by a significant measure (including VAT, possibly to 20%) to plug the massive whole in the ailing economy, which will go some way to levelling the playing field. By mid-2010 it is likely that UK prices, particularly alcohol prices, will be much closer to those in Ireland
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