Tag Archives: Chancellor

MPs urge chancellor to support tourism sector | News

MPs urge chancellor to support tourism sector | News

In a letter signed by greater than 80 MPs from proper throughout the political divide, the All-Get together Parliamentary Group (APPG) for Hospitality and Tourism is urging the chancellor to offer decisive monetary assist to guard sector companies essential to communities across the UK. An analogous call was heard from the aviation sector earlier. The […]

Chancellor cuts hospitality VAT to boost economy | News

Chancellor cuts hospitality VAT to boost economy | News

UK chancellor of the exchequer, Rishi Sunak, has introduced short-term cuts in worth added tax in an try and simulate the hospitality sector. The measures are a part of a wider packaged designed to mitigate the influence of Covid-19 on the UK financial system. From July 15th, VAT will fall from 20 to 5 per […]

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