Borel says VAT stunt will be a hit with pub customers

The veteran tax lobbyist said more than 40 operators were taking part in the day of action on Wednesday, which he estimates at 15,000 sites.
Participating venues will cut the price of all food and drink by 7.5% - the equivalent effect on prices of a VAT cut from 20% to 5% for the hospitality sector.
Borel said: “I am confident that Tax Equality Day will be a great success and that the price reductions will be welcomed by customers.
“Our message is clear - a reduction in the level of VAT on a long-term basis will generate growth and create jobs in the important leisure and hospitality sector.”