Tommy Banks joins Tom Kerridge's VAT's The Problem hospitality campaign
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Tom Kerridge is leading a campaign, joined by Tommy Banks, urging the next Prime Minister to reduce VAT from 20pc to 10pc. Kerridge states that hospitality is not employing currently and warns that tax cuts are essential to avoid business closures, price reductions, and job losses. He highlights that the UK maintains the highest VAT rate for hospitality in Europe, while Ireland is reducing its own rate to 9pc to support the sector's viability.
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