David Gauke

@DavidGauke ↗

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Last Checked Aug. 29, 2020

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Wed Jul 08 21:29:16 +0000 2020

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David Gauke @DavidGauke

Normally, the cost/benefit of any changes in VAT get passed on to the customer. Wouldn’t be surprised if that doesn’t happen with the VAT cut for hospitality (it’ll be interesting to see). But if it enables businesses to stay afloat, HMT will consider it a success. — PolitiTweet.org

Posted July 8, 2020

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David Gauke @DavidGauke

A VAT cut for hospitality might not increase demand much because of fear of going out/dislike of the restrictions. In which case, the cut won’t be passed on to customers but the higher mark up per customer might make some pubs/restaurants viable with fewer customers. — PolitiTweet.org

Posted July 8, 2020

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David Gauke @DavidGauke

RT @adampayne26: Exclusive: I've seen a pretty explosive letter from Truss to Gove/Sunak which says she's worried that UK borders won't be… — PolitiTweet.org

Posted July 8, 2020 Retweet