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2nd March 2021

MPs call for additional Government support for hospitality industry

Written by: Edward Waddell
In a letter signed by more than 80MPs, the All-Party Parliamentary Group for Hospitality and Tourism is urging the Chancellor to provide ‘decisive financial support’ to protect businesses ahead of the Budget announcement.

he letter calls for an extension of the VAT cut to 5% on food and soft drinks for another 12 months, a further 100% holiday on business rates for the next financial year and an extension of the furlough scheme.

Sally-Ann Hart, co-vice chair of the APPG, said: “Our hospitality and tourism sectors are some of the best in the world. They are a fantastic social as well as economic asset and we should be immensely proud of them. They have been absolutely devastated by Covid, though.

“Despite unprecedented financial support from Government, unfortunately many businesses have been lost and they have taken hundreds of thousands of jobs with them. These are businesses that are critical to communities around the country.

“They are focal points for social lives and drive inward investment. Ongoing Government support through to the end of the pandemic and through the recovery phase is critical to rebuilding this industry and creating jobs.”

To read the full letter, click on the document below.