It’s likely that alcohol will play little to no role in the celebrations in the Sunak household this evening, as the UK prepares for a new – and perhaps its first ever teetotal Prime Minster – in Number 10.
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Chancellor Rishi Sunak has announced a further round of grants of up to £6,000 per hospitality premise, also committing to a top up of discretionary grant funding, as part of a £1 billion package to support the sector.
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Chancellor Rishi Sunak has announced the most radical simplification of alcohol duties for over a century by slashing the number of main duty rates from 15 to six, while also cutting the premium on sparkling wine.
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Chancellor Rishi Sunak has announced that the government’s Job Retention Scheme, better known as the furlough scheme, will be extended until the end of March 2021, with government once again paying 80% of wages up to £2,500 to see businesses through a second wave of Covid-19 infections.
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Chancellor Rishi Sunak has revealed plans to subsidise work placements for young people in a move that is believed to be aimed at stimulating the hospitality and tourism industries while tackling unemployment post-Covid.
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Chancellor Rishi Sunak has announced a major cut to VAT for the hospitality and tourism sectors as they emerge from lockdown, as well as a first of its kind government-backed discount to help encourage customers to get back to the nation's bars, pubs, restaurants and cafes.
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The government has announced a Job Retention Bonus to support furloughed employees and businesses back into work.
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