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Hospitality and tourism APPG launches consultation on Towns and Cities

Rishi Sunak warned on Budget tax hike but housing moves are welcomed

Measures tipped for tomorrow s Budget including a government guarantee for 95% home loans and extensions to the stamp duty holiday and furlough scheme have been given an advance welcome. But Chancellor Rishi Sunak has been warned against raising taxes by his Labour opponents, and urged instead to focus on the post-pandemic recovery. Reports suggested the Chancellor is considering raising corporation tax to as much as 25% from 19%. Shadow chancellor Anneliese Dodds said now is not the time for tax rises, but signalled that she could support an increase in corporation tax in the future. Mr Sunak is expected to extend the furlough scheme to the

Rishi Sunak told to keep VAT cut for pubs and restaurants in place for another YEAR

Rishi Sunak has been urged to extend a massive cut to VAT for pubs and restaurants to cover alcoholic drinks and keep it in place for another year in order to rescue the ailing hospitality industry.  The chancellor lowered the rate to 5 per cent last year for food and soft drinks and is planning to keep it in place until at least June, when it is hoped Britain will return to something approaching normal life.  But MPs and business leaders are demanding the rate stay in place for another 12 months, saying a return to the 20 per cent standard rate would strangle the sector s recovery. 

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