November 7, 2024
Business News

No-deal Brexit threatens Kilkenny hospitality sector jobs: report

By COLIN BARTLEY

Nearly 2,600 people in Kilkenny are employed in the drinks and hospitality industry. This represents 6.2% of total employment in the county.

These jobs are “highly vulnerable” to a no-deal Brexit according to a Drinks Industry Group of Ireland (DIGI) report highlighting the importance to the rural economy of the drinks and hospitality sector.

The DIGI found rural areas vulnerable to the fallout of a no-deal Brexit downturn as the rural economy is less-diverse than in urban areas. The impact of falling visitor numbers from the UK in the event of a no-deal Brexit will hit rural areas most.

DCU economist Anthony Foley, author of the report commissioned by DIGI, in his observations of the impact of Brexit on the industry noted, apart from the jobs in the hospitality sector being at risk, manufacturing jobs in the drinks industry will also be at risk.

As many as 175,000 people, or nearly 8% of all Irish workers, are employed in drinks and hospitality roles.

Rosemary Garth, Chair of DIGI and Director of Communications and Corporate Affairs at Irish Distillers, said: “A no-deal Brexit will have immediate consequences for Ireland’s drinks and hospitality businesses. If the sterling devalues further, then it will be harder and more expensive for Ireland’s drinks businesses to export their products to the UK, which is a major market.”

 

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