Covid-19: Fiscal Support

Part of Treasury – in the House of Commons on 15th September 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

The hon. Lady mentions hospitality and tourism, which is an industry disproportionately represented in Scotland. That is why the Government took steps in the summer to support the industry, with a temporary VAT reduction from 20% to 5% and, indeed, the eat out to help out initiative, both of which were targeted at helping to protect the 2 million jobs and 200,000 businesses engaged in the industry.