Dr Neil Hudson MP welcomes measures to boost tourism and hospitality businesses across Penrith and The Border

  • VAT to be cut for six months for all businesses in the hospitality, accommodation and attractions industries, including up to 585 in Penrith and The Border
  • Public urged to ‘Eat Out to Help Out’ with new voucher scheme to encourage people to support local restaurants throughout August

The Chancellor has announced a much-needed boost for tourism and hospitality businesses in Penrith and The Border, as part of his Summer Economic Update to kickstart the economy post-coronavirus.

Local MP Dr Neil Hudson has welcomed the measures, which will see VAT for hospitality, accommodation and attraction businesses cut from 20 per cent to 5 per cent for six months. The move is designed to support the sectors which have been particularly hard hit by the coronavirus crisis, helping businesses to recover and boosting the number of jobs across the country. Up to 585 businesses could stand to benefit from the measures in Penrith and The Border.

Dr Neil Hudson MP has also urged local people to eat out to help out, following the announcement that the Government will pay for up to 50 per cent of people’s meals out at restaurants, pubs and cafes on Mondays, Tuesdays and Wednesdays throughout August. The Eat Out to Help Out scheme will entitle everyone to a discount of up to 50 per cent on their meal, up to a maximum of £10 per person. Businesses can claim the money back from the Government, which will be paid in five working days. Up to 370 businesses in Penrith and The Border could benefit from the move.

Taken together, these measures will provide a timely and much-needed boost to the tourism and hospitality industries in Penrith and The Border, forming a key part of the Government’s plan for jobs – supporting people to find jobs, creating new jobs and protecting jobs in hard-hit sectors.

 

Commenting, Dr Neil Hudson said:

“We should not underestimate how difficult recent months have been for many businesses in Penrith and The Border. As we are moving gradually out of lock down and re-starting our local economy, we must turn our attention to creating and protecting jobs.

“I hope that folk in Cumbria will answer the call to Eat Out to Help Out. This fantastic new voucher scheme, along with the cut in VAT, is the much-needed lifeline many businesses have been calling for.

“The Government’s plan for jobs will turn our national recovery into millions of stories of personal renewal – as the Conservatives continue to stand squarely behind people, businesses and our economy.”