In a measure to give re-opening restaurants a boost as lockdown restrictions ease, Chancellor Rishi Sunak has announced the launch of an ‘Eat Out To Help Out’ scheme. The new initiative could see Brits enjoying meals in their favourite restaurants for just £10.
Speaking in the House of Commons, Mr Sunak said: “This measure I am announcing today has never been tried in the UK before. This moment is unique. We need to be creative. So to get customers back into restaurants, cafes and pubs and protect the 1.8million people who work in them, I can announce today that for the month of August we will give everyone in the country an Eat Out To Help Out discount.”
“Meals eaten at any participating business, Monday to Wednesday will be 50 per cent off up to a maximum discount of £10 per head for everyone, including children. Businesses will need to register and can do so through a simple website open next Monday. Each week in August businesses can then claim the money back with the funds in their bank account within five working days.”
Food lovers will qualify for a 50% discount, up to a maximum of £10 per head when they dine out at participating restaurants on Mondays, Tuesdays and Wednesdays during August under the chancellor’s new scheme. The scheme covers food and non-alcoholic drinks, but booze is not included in the deal.
Businesses who participate in the discount can claim the money back from the Treasury, with figures of £500 million being expected in payments for the claims.
In addition to the ‘Eat Out to Help Out’ deal, Rishi Sunak has also announced a cut on VAT, from 20% to 5%, for the next six months in a bid to kick-start the hospitality industry post-lockdown.
The VAT reductions would apply to eateries such as restaurants, or hot takeaway food outlets, cafes and pubs, as well as accommodation in hotels, B&Bs, campsites and caravan parks. Tourist attractions including zoos, cinemas and theme parks will also benefit from the reductions in VAT.