Some hope!
As part of a £30bn plan to reinvigorate the UK economy and prevent mass unemployment
, HMG is to cut VAT—sales tax—on hospitality from 20% to 5% until next January, as well as offering £1,000 to companies for every employee that they keep on staff for three months after the end of the furlough scheme in October. Not only that, but the Chancellor will give a 50% discount to diners eating out during August.
I think that this is incredibly generous of HMG. After all, governments aren't commonly known for their fiscal benevolence.
Furthermore, while acknowledging that hardship lies ahead
, Chancellor Sunak vowed no-one will be left
.without hope
I wonder if that applies to anyone hoping not to see an increase in their income tax bill to pay for this generosity?