“Eat out to help out” The words of UK Chancellor Rishi Sunak today as he announces his plans to help the hospitality sector.

This is hugely exciting news for everyone in the hospitality industry and we are sure it is going to tempt those last few diners who were unsure about coming back to their favourite bars and restaurants.

The scheme will offer every diner 50% off their meal, up to £10 per head, Monday – Wednesday for the whole of August. This will only apply in participating establishments, but I think most venues will be quick to jump onto this. The voucher will cover food and non-alcoholic (sorry grownups) beverages.

Diners will get the discount instantly, and it will be down to the venues to claim the money back, with the funds falling into their bank account within 5 working days.

But that isn’t the only incentive the government are putting in place, there is even more good news for restaurants, pubs and cafes.

Food, accommodation and attractions will all have their VAT cut from 20% to just 5% for the next 6 months. However, if you are planning to rush to your local this weekend, you won’t be entitled for this just yet. The reduction will start on Wednesday 15th July and run right through until 12th January – Yep! Discounted Christmas office party meals!

These schemes hope to help the 1.8 million workers in the hospitality sector to successfully rebuild our world famous hospitality industry. Britain really wouldn’t be the same without our pubs and restaurants, whether it be small local venues or global chains, this industry is the centre of so many people’s lives, bringing together friends and families for their favourite dishes.

Here at Posh Cockney we are thrilled to see the industry getting back on its feet and we know these schemes are going to be a huge help. Looks like summer 2020 isn’t cancelled after all!

Emma Bolton | emma@poshcockney.co.uk | 22 Henrietta Street London WC2E 8ND

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