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THE INTRODUCTION of the local property tax in Ireland has been identified as one of the reasons for falling sales at the supermarket giant Tesco.
In figures released this morning the company has reported a fall in like-for-like sales in Ireland by three per cent in the 13 weeks to the end of May when petrol sales are excluded.
This compares to a fall of 1.4 per cent fall in like-for-like sales in the fourth quarter of last year.
Tesco says that consumers in its international markets – including Ireland – continue to face challenging conditions and are exercising caution in their spending.
It cites external pressures such as the introduction of the local property tax on residential properties in Ireland as a reason for the “significant reduction in consumer sentiment and spending” in this country.
Conditions in the company’s main market in the UK – where like-for-like sales fell by 1 per cent when petrol and VAT are excluded – “remain challenging”.
Tesco also reported that since January it has carried out 1,500 tests on its own-brand meat ranges, identifying four frozen beef products contaminated by equine DNA.
These were withdrawn, reformulated and reintroduced, with a new supplier.
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Perhaps Simon should take over the Housing Minister position.
Every story about the homeless has a real live human being behind it. Some like this guy make it out of the gutter, alcohol and the rent situation put him in the gutter.
Yet all we hear from FG supporters here is slander with no bounds, as they queue up to pour their vitriolic bile on anyone who’s situation has being highlighted. Everyone is a sponger, a freeloader, wants a mythical free house, never worked in their life. All to justify the neglect of the poor and less well off, and deflect on the huge damage done to society by government policies.
@Dave Doyle: It’s so true it would make you sick. This country is in one horrible mess and the worst thing is it would take something on a revolutionary scale to change it.
Well done to simon services… the goverment s minister regina Doherity has decided to not give xmas bonus this year is she fr real ??? Pay rises were given to herself and her cohorts but the rest of us are crippled with high taxs we are paying the higest mortgage rates in the EU.. car tax insurance is also higher..half the country are homeless ..hope this goverment including fianna fail who are supporting their decisions are destroyed in the next election…they are not fit fr purpose
@Mari: we are not the most expensive country in the EU, also renting is more prominent in other countries. Yes we have a massive problem with homelessness and people living in emergency accommodation we are not the worst in EU either. This does not mean I think anyone should be let off the hook for the shambles the country is in, but the people here need to take off the rose tinted glasses
@GClare: we absolutely are one of the most expensive countries for gas, electricity, insurance, food, housing and so on.
When you include taxes we get little in return by way of services for all, such as healthcare.
The only person with rose tinted glasses here is you. You clearly haven’t been living in Ireland the last 10years with that attitude.
@Regina Farrell: By your rationale, the government should have their salaries suspended. Certainly housing, justice, healthcare, transport and the Taoiseach. Manipulating the system and doing sweet effay in return.
@Mari: since when is 10,000 People half the country?
Fair play to Geoff! Onwards..Great admiration for a person homeless after 7 years and to come back. With the right people anything is possible!
@paul christopher cox: Indeed, imagine if FF/FG/labour gave as much of a care, what might be possible… Geoff and many more might’ve been contributing to our society if our governments had actually come up with solutions instead creating the problems in the first place.
Pity they don’t finance ngo’s the same way public servants are. Staff at NGO’s are the cheap version of public services and are expected to do similar work.
@Brian Smith: now that really does depend on the NGO; take a look into background of charities, remember the scandal a few years ago, that was not made up!!! And it is world wide not just Ireland
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