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24/04/2009
Boost For Border Traders As Budget Targets Booze
This week's UK Budget is being welcomed by many border traders in the Irish Republic.
Retailers close to the land frontier in towns such as Dundalk have been badly affected by the long-running boom in cross-border shopping, but now the Westminster Budget could be offering a glimmer of hope.
Dundalk has already suffered significantly from the north-bound exodus which began before Christmas.
The supermarket Superquinn, have already shut up shop in Dundalk as many locals opt to do their grocery shopping north of the border.
Now, the rise in booze prices in Northern Ireland is offering a fillip for southern traders.
Speaking to the Belfast Telegraph, Bill Tosh, Chief Executive of the town's chamber of commerce, said the rise in alcohol duty announced in yesterday's budget would affect the regular trips made by residents in the Republic to load up on booze north of the border, where it is significantly cheaper.
"It will have a serious impact on the draw of alcohol, which really is one of the big attractions north of the border."
Mr Tosh feels yesterday's stringent Budget gives the UK a slight taste of the medicine doled out in the Republic, still smarting from a punishing budget announced by finance minister Brian Lenihan earlier this month.
See: Budget 2009: Top Earners To Be Taxed Up To 50%
(BMcC/JM)
Retailers close to the land frontier in towns such as Dundalk have been badly affected by the long-running boom in cross-border shopping, but now the Westminster Budget could be offering a glimmer of hope.
Dundalk has already suffered significantly from the north-bound exodus which began before Christmas.
The supermarket Superquinn, have already shut up shop in Dundalk as many locals opt to do their grocery shopping north of the border.
Now, the rise in booze prices in Northern Ireland is offering a fillip for southern traders.
Speaking to the Belfast Telegraph, Bill Tosh, Chief Executive of the town's chamber of commerce, said the rise in alcohol duty announced in yesterday's budget would affect the regular trips made by residents in the Republic to load up on booze north of the border, where it is significantly cheaper.
"It will have a serious impact on the draw of alcohol, which really is one of the big attractions north of the border."
Mr Tosh feels yesterday's stringent Budget gives the UK a slight taste of the medicine doled out in the Republic, still smarting from a punishing budget announced by finance minister Brian Lenihan earlier this month.
See: Budget 2009: Top Earners To Be Taxed Up To 50%
(BMcC/JM)
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21 April 2009
Tesco 'Missing Out' On Cross-Border Shoppers
Tesco - while making billions in the UK - is having a harder time in the Republic of Ireland. According to an internal memo obtained by a grocery trade journal, Tesco is being forced to cut prices in the Republic, and the supermarket giant is concerned that like-for-like sales are "well below expectations".
Tesco 'Missing Out' On Cross-Border Shoppers
Tesco - while making billions in the UK - is having a harder time in the Republic of Ireland. According to an internal memo obtained by a grocery trade journal, Tesco is being forced to cut prices in the Republic, and the supermarket giant is concerned that like-for-like sales are "well below expectations".
09 April 2009
Dairy Processor Welcomes Boost In Cross-Border Business
Cross border trade is on the up for a major supplier of dairy products.
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Cross border trade is on the up for a major supplier of dairy products.
25 September 2009
Work Planned For 100 NI Schools
The Stormont Executive is providing new buildings for over 100 local schools, Finance Minister Sammy Wilson has said Mr Wilson was speaking during a visit to the construction site at Banbridge Academy. He stressed the importance of investing in new school buildings. "The Executive is committed to investing in the future of Northern Ireland.
Work Planned For 100 NI Schools
The Stormont Executive is providing new buildings for over 100 local schools, Finance Minister Sammy Wilson has said Mr Wilson was speaking during a visit to the construction site at Banbridge Academy. He stressed the importance of investing in new school buildings. "The Executive is committed to investing in the future of Northern Ireland.
15 October 2008
Border Budget Bonanza
There's been more pain than gain down south, as smokers and wine drinkers, as well as those on higher incomes are hit by the Irish Budget.
Border Budget Bonanza
There's been more pain than gain down south, as smokers and wine drinkers, as well as those on higher incomes are hit by the Irish Budget.
29 May 2009
Cross-Border Shopping Spurs Tesco Supplier U-Turn
Tesco is to lay off staff at its Republic of Ireland headquarters in Dún Laoghaire - and all because of increasing levels of shoppers heading North. Around 140 workers are to go following its decision to import more goods directly from the UK rather than sourcing them through Irish suppliers.
Cross-Border Shopping Spurs Tesco Supplier U-Turn
Tesco is to lay off staff at its Republic of Ireland headquarters in Dún Laoghaire - and all because of increasing levels of shoppers heading North. Around 140 workers are to go following its decision to import more goods directly from the UK rather than sourcing them through Irish suppliers.
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Northern Ireland WeatherThis Evening and Tonight:Another cloudy and mild night with the odd spot of light drizzle. More widespread outbreaks of rain will spread southeast into western parts of Tyrone, Fermanagh and Derry late in the night. Minimum temperature 8 °C.
