Sacha Lord has responded to today's autumn Budget announcement, saying he is 'pleased' to see Rishi Sunak 'finally recognise the importance of hospitality'.
But the Parklife boss has warned operators are facing a three-year recovery period post-pandemic, and predicted that many more businesses will close once VAT rate returns to pre-Covid levels next spring.
He also criticised the Government's reported Plan B measures, which includes vaccine passports and a return to working from home, saying that it is 'teasing venues with uncertainty'.
The Chancellor has announced that business rates will temporarily be halved for retail, hospitality and leisure businesses. Read more: Seven key announcements from the 2021 Autumn Budget and what it means
Read more on manchestereveningnews.co.uk
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