A prominent chef has delivered a petition to Downing Street calling for the reduction of VAT on hospitality services to help businesses struggling with high costs, while economists have urged the government to cut business taxes as a way to address rising youth unemployment. The campaign highlights concerns over economic pressures facing small businesses in the sector, particularly as inflation and labor expenses climb. With youth unemployment remaining a key policy challenge, the push for tax relief aims to stimulate job creation and support struggling industries. Supporters argue that targeted tax cuts could provide immediate relief and encourage hiring in hard-hit areas.
Cut business taxes to tackle youth unemployment, Chancellor urged, as celebrity chef Tom Kerridge takes VAT campaign to Downing Street This is Money
