Plea for VAT freeze as borrowing data gives Sunak £26bn to play with

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Plea for VAT freeze as borrowing data gives Sunak £26bn to play with
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Spring statement: UKHospitality and JD Wetherspoon boss Tim Martin have urged Rishi Sunak to keep VAT frozen at 12.5% in tomorrow’s mini-budget

UKHospitality boss Kate Nichols said there was “trepidation” ahead of the Chancellor’s spring statement as her industry faces “a huge debt burden; rising energy, staff and raw goods costs; and chronic staff shortages”.

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