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Sunak announces VAT cut for hospitality industry
Reading Time: 3 minutesUK: Chancellor Rishi Sunak has revealed a six-month cut in VAT for the hospitality and tourism sectors, which equates to a $4 billion boost for the industry. Announced in the Chancellor’s mini-Budget speech, Sunak has pledged to get pubs and restaurants “bustling again” as he unveiled measures to kickstart the economy. A cut VAT on […]