VAT cut to 5% for hotels and restaurants - the businesses slashing prices named

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VAT cut to 5% for hotels and restaurants - the businesses slashing prices named
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VAT cut to five percent today for hotels and restaurants - all the businesses slashing prices named

It's also introducing a limited time deal on its Boneless Banquet, which will see the price cut by 50 per cent from £10 to £4.99 until July 19.Hotel chain Marriott says the full VAT cut will be passed on to future bookings, while those with forward bookings who have already paid will receive a credit for the VAT difference upon check-out or have that amount off-set against any spending during their stay.

The McCafe range is also set to reduce prices, offering black and white coffee for 99p and premium coffees such as cappuccino and latte for £1.49.And the roll back only applies to takeaway and drive thru orders - not to McDelivery. Franchisees also don't have to follow the chain's recommendations.Park Holidays, which owns 31 campsites across the UK, says it too will pass on the full VAT savings to future bookings and to existing ones where holidaymakers have yet to pay.

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