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Restaurants, pubs and cafes set to be boosted by VAT cut

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manchestereveningnews.co.uk

allowed to reopen on Saturday July 4 for the first time since March, when lockdown orders were imposed to curb the spread of Covid-19.

But their recovery is expected to take some time, as a result of continuing social distancing measures, dented consumer confidence and the impact of the crisis on household incomes.The Times reports that the VAT cut is expected to be announced as part of the Chancellor's summer statement on Wednesday as part of a package of interventions to stimulate the economy.

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