Tag Archives: Chancellor

MPs urge chancellor to support tourism sector | News

MPs urge chancellor to support tourism sector | News

In a letter signed by more than 80 MPs from right across the political divide, the All-Party Parliamentary Group (APPG) for Hospitality and Tourism is urging the chancellor to provide decisive financial support to protect sector businesses crucial to communities around the UK. A similar call was heard from the aviation sector earlier. The tourism […]

Chancellor cuts hospitality VAT to boost economy | News

Chancellor cuts hospitality VAT to boost economy | News

UK chancellor of the exchequer, Rishi Sunak, has announced temporary cuts in value added tax in an attempt to simulate the hospitality sector. The measures are part of a wider packaged designed to mitigate the impact of Covid-19 on the UK economy. From July 15th, VAT will fall from 20 to five per cent for […]

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