VAT Cut for Hospitality? The Real Cost | Glasgow News

Chef Tom Kerridge is rallying for a VAT cut in hospitality, pushing to lower it from 12% to 10%—a move backed by over 320,000 signatures. But new analysis warns this may not help small businesses as much as hoped, with big chains likely to reap most of the savings. Experts question whether the economic return justifies the cost, suggesting other policies might be more effective in tackling rising expenses and job losses across the sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ebbae2a1ad7de710