UK VAT rise will result in cross-border shopping decrease

first_img WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Man arrested on suspicion of drugs and criminal property offences in Derry Facebook 365 additional cases of Covid-19 in Republic Pinterest WhatsApp Twitter Pinterest Twitter By News Highland – January 7, 2011 center_img News UK VAT rise will result in cross-border shopping decrease Previous article7-year-old Letterkenny girls €1,800 Christmas present stolenNext articleDonegal Ancestry Centre in Ramelton to close today after 30 years News Highland Facebook 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal Google+ Google+ A group which represents NI retailers has warned that the VAT rise will have an adverse effect on border towns.The NI Independent Retail Trade Association (NIRTA) said the rise from 17.5% to 20% was at a time when local retailers were already struggling.NIRTA said businesses are also having to cope with increases in energy and transport costs.The Chief Executive of NIRTA, Glyn Roberts, says the VAT rise will further decrease people crossing the border to shop in the North:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/01/glyn530.mp3[/podcast]Meanwhile, The Chief Executive of the Letterkenny Chamber of Commerce, Toni Forrester, said this weeks VAT increase in the North, will create a ‘more level playing field’ in trying to stop Donegal shoppers from crossing the border:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/01/tonif1pm.mp3[/podcast] Gardai continue to investigate Kilmacrennan firelast_img read more