Britain hospital recommendations Government Britain

Calls for October bank holiday and VAT cuts to boost UK tourism and hospitality

Reading now: 153
www.manchestereveningnews.co.uk

Slashing VAT and creating a new autumn bank holiday have been recommended as ways to help boost the UK's hard-hit hospitality and tourism businesses.The stricken sectors face a 'long and hard' road to recovery from the coronavirus crisis even after lockdown restrictions are lifted, a report by the All-Party Parliament Group (APPG) for Hospitality and Tourism warns.A reduction in VAT rates could stimulate both as well as benefiting cash-strapped consumers, according to MPs and industry leaders who produced the report.An extra bank holiday - recommended for October - could also soften the blow of peak season losses by promoting autumn 'staycations'.Tourism is a 'vital pillar of the economy', with 37.9m visitors to the UK in 2018 and an.

Read more on manchestereveningnews.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA