Amid this economic hardship as a result of coronavirus, UK residents have now something to smile about. The UK chancellor, Rishi Sunak has offered a 50% discount to all restaurant users all through august under government plans to bolster the embattled hospitality sectors.
As part of the series measures in the re-opening of the economy that has been hugely impacted amid the world pandemic, the chancellor unveiled the, eat out to help out discount. This implies restaurant users can get up to £10 off their total bill if they eat out between Monday and Wednesday.
Mr. Sunak also said that there will be a further 5% drop from the previous 20% VAT on hospitality and tourism and which will be in place for the next six months.
Also, as the chancellor was announcing the discount, he said that the UK was facing a unique moment amid the COVID-19 and creativity is now a requirement.
The discount announcement appears to be very crucial for restaurants that have been opened in a few days ago after a long three months’ lockdown.
However, all safety measures must be in place and Mr. Sunak assured the public that it was safe to dine out. He said that even though people are still cautious about going out, but the restriction would have been lifted if it wasn’t yet to be safe.
In this discount scheme alcohol is not covered but to food and soft drinks up to £10 per person. The treasury said the 50% discount can be used unlimited times during august and applies to participating restaurants, cafes, pubs across the UK.
According to Mr. Sunak, the discount plan is aimed at attracting customers back into restaurants, pubs and cafes in which it will protect about 1.8m jobs that were under a threat amid COVID-19 lockdown measures.
Even though, the scheme has criticized by some who think that subsidizing meals has nothing to save the British people who continue to die from this COVID-19 that has killed over 549k people worldwide. Starting Monday of 13 July, businesses that will want to take part in the scheme would register. And Mr. Sunak said that each of August, a business can then claim the money back in which money will be deposited in their bank accounts following few working days.
Owners of pubs across the UK have already expressed their willingness to follow the scheme.
Caroline Roylance, the owner of George PUB at Fordingbridge Hampshire said she would be applying for the scheme. His Pub was among those opened on Wednesday after closure amid the lockdown measures.
She added that the VAT cut will help her business make it through the next few months.
The Uk hospitality body has welcomed the scheme. However, the chief executive, Kate Nicholls, said that it doesn’t mean it is out of wood and there are still significant challenges ahead.
Some of the challenges that these businesses are facing are the specter of rent liabilities as the coming from their closure period.
He added that the government should also offer help in this case.
Nelson Richards is a Seasoned Journalist with nearly 6 years of experience. While studying at Case Western Reserve University, Located at Cleveland. Nelson found a passion for finding and writing articles which are published in Well known Media Publications such as Tnt Publications and Ohio News Network. As a contributor to Chroniclex Nelson Covers National Topics.