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Britain Coronavirus reports hospital recommendations economy and Britain

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

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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.

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dailyrecord.co.uk
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dailyrecord.co.uk
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manchestereveningnews.co.uk
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etcanada.com
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