A lifeline for hospitality
Last week saw an unprecedented move from the Chancellor with a reduction in VAT leading to an effective 13% fall in dine in meal costs and the launch of the unique ‘Eat Out to Help Out’ scheme. This is, I am sure, a result of a disparate industry coming together in a time of crisis and the sterling effort of UKHospitality and other lobbying groups. Hospitality, it seems, is now very much on the government’s agenda.
The sector faces other existential challenges, but for now, last week’s announcements offer some much-needed positive news in what was beginning to look like a bleak outlook.
Read my full Weekly Briefing report here <https://mcusercontent.com/f984510851e243db34e97f78f/files/a91011f7-1178-4c0c-9987-fd7c85b3d547/Weekly_Briefing_Report_for_we_12_July.pdf> .
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