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Wetherspoons will cut the price of all food and drink by 7.5% on Thursday

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Wetherspoons cuts the price of all food and drink by 7.5% in campaign to highlight the benefit of the VAT tax cut introduced during the pandemic

  • Wetherspoons to cut food and drink prices in its 870 UK pubs
  • Part of campaign to draw attention to the benefit of VAT reduction in catering
  • Company cuts the price of all food and drink by 7.5 percent for just one day










Wetherspoons is set to cut the prices of all food and drink in its pubs in the UK for one day, as VAT rates on catering go up next month.

The company will cut the price of food and drink in its 870 pubs by 7.5 percent on September 23 as part of a campaign to promote the benefits of a permanent VAT cut in the hospitality industry.

At present, all pub meals and drinks are subject to five percent VAT as a result of the temporary VAT cut by the Chancellor in July 2020.

But this will stop on October 1, when the VAT rate is raised to 12.5 percent, with the goal of returning to 20 percent incrementally by 2022.

Wetherspoons to cut food and drink prices in its 870 pubs by 7.5 percent on September 23

It comes as a new survey by trade journal The Morning Advertiser yesterday found that nearly two in three pub owners – 63 percent – said they would raise their prices as soon as the temporary tax cuts on food, soft drinks and lodging stops.

Wetherspoon chairman Tim Martin said: ‘Taxes must be fair and equitable.

“However, it is unfair that supermarkets pay zero VAT on food, while pubs and restaurants pay 20 percent in normal circumstances.

“Cafes have been under enormous pressure for decades because of the tax disadvantages they have with supermarkets.

‘Customers in our bars on Tax Equality Day will notice that the price of their food and drink will be lower than normal.

‘But as a result of the VAT increase to 12.5 percent, we will have to increase food prices per meal by about 50 cents.

“We urge the Chancellor to create fiscal equality between cafes and supermarkets by making the current tax regime for cafes permanent.

Wetherspoon chairman Tim Martin said customers will find that the price of their food and drink will be lower than usual on Tax Equality Day

Wetherspoon chairman Tim Martin said customers will find that the price of their food and drink will be lower than usual on Tax Equality Day

“He must take into account that tax inequality mainly affects shopping streets and city centers, which rely heavily on a diversity of prosperous catering companies for economic, social and employment success.”

Earlier this month, Wetherspoons apologized to its loyal customers across the country after its beer stocks became the latest victim of UK supply chain tightness.

The British catering giant confirmed that deliveries of Carling and Coors beer have been affected by the disruption, with some pubs not receiving deliveries due to a shortage of truck drivers.

Shortages in truck drivers and factory workers attributed to the Covid pandemic and Brexit labor rules have also impacted supplies to rival companies, including McDonald’s, Nando’s and KFC, in recent weeks.

In a statement, Wetherspoon spokesman Eddie Gershon said: “We are experiencing some supply issues with both Carling and Coors which means some pubs are not having the products available.

“We apologize to our customers for the inconvenience caused. We know that the brewers are trying to solve the problem.’

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