UK Parliament / Open data

Economy Update

People and businesses, especially in the hospitality sector, still need urgent and ongoing help to navigate the continuing covid emergency. The UK Treasury alone can help in three ways: it could continue the VAT cut for the sector or, even better, remove VAT; it could continue furlough at its current rate; or, as less than a fifth of the promised £350 billion for covid loans has been used, it could convert a chunk of it to grant funding. Will the Treasury do all or any of those three things?

Type
Proceeding contribution
Reference
697 c317 
Session
2021-22
Chamber / Committee
House of Commons chamber
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