Chancellor of the Exchequer Rishi Sunak delivered his ‘Plan for Jobs’ to Parliament this afternoon and the hospitality sector could be set to reap significant benefits.
The Chancellor’s #PlanForJobs is hoping to spur the UK’s economic recovery from the coronavirus pandemic.
Delivering his Summer Economic Update in Parliament today, Rishi Sunak announced a package of measures that will look to “support jobs in every part of the country”, give businesses “the confidence to retain and hire”, and “provide people with the tools they need to get better jobs”.
The hospitality sector is looking to hugely benefit from the newly announced ‘Eat Out to Help Out’ scheme in August.
A brief overview of measures announced this afternoon include:
A ‘Jobs Retention Bonus’ – Giving £1,000 to businesses who bring back employees from furlough.
A Temporary VAT Cut for Hospitality and Tourism – This is down from 20% to 5%.
An “Eat Out to Help Out” Scheme in August – Giving a 50% discount up to £10 per head to people eating at cafes, restaurants and pubs.
A rise in the threshold of stamp duty from £125,000 to £500,000.
A “Kickstart Scheme” – Aimed at getting unemployed 16 to 24-year-olds into work.
New payments for businesses hiring apprentices.
Speaking on the Plan For Jobs package today, Rishi Sunak said: “Throughout this crisis I have never been the prisoner of ideology. For me, this has never just been a question of economics, but of values.”
“We believe in the nobility of work.”
“We believe in the inspiring power of opportunity [and] we believe in the British people’s fortitude and endurance.”
“Our plan has a clear goal: to protect, support and create jobs.”
“It will give businesses the confidence to retain and hire, to create jobs in every part of our country, to give young people a better start [and] to give people everywhere the opportunity of a fresh start”.
Andy Burnham and Bev Craig pen hard-hitting letter to Prime Minister over rumoured scrapping of HS2 to Manchester
Andy Burnham and Cllr Bev Craig have penned a hard-hitting letter to Rishi Sunak to “express concern” about the future of HS2.
It comes after alarming reports have emerged this week that the Prime Minister is apparently considering axing plans for the HS2 rail link to run from Birmingham to Manchester amid soaring costs and countless delays.
Former Prime Minister Boris Johnson, Mayor of London Sadiq Khan, and several major business leaders may have hit out at these rumours – but Chancellor Jeremy Hunt has suggested the scheme is currently “out of control”, while former transport secretary Grant Shapps said the Government wouldn’t be able to cope if costs continued on an upward trajectory.
With a decision on the fate of the already-contentious project’s Manchester leg expected in the coming days, the Mayor of Greater Manchester and the Leader of Manchester City Council have joined forces in their stance against the “swirling rumours”.
The pair have penned a hard-hitting letter directly to the Prime Minister to call out the Government’s actions.
Local leaders have always maintained the view that the wrong HS2 solution for Greater Manchester could “damage” and have a wider impact on the north, and this latest letter addressed directly to the Prime Minister by the Mayor and Council Leader only reinforces that stance – with the pair calling it “deeply disrespectful” to residents and businesses in our region that the Government has not offered them a chance to consult on potential scrapping of the service.
Andy Burnham and Cllr Bev Craig say they’ve been “working with the Government for decades” on the HS2 project in order to best “galvanise support” and “maximise the once-in-a-generation opportunity” of the investment into northern infrastructure that offers.
But now, they’re becoming “increasingly concerned” about the Northern Powerhouse Rail (NPR) as a whole.
“At this stage, any change to the current plan for HS2 would have massive ramifications, not just for our city-region, but the North and Midlands too,” Mr Burnham and Cllr Craig stated in their letter.
“Any cancellation of HS2 to Manchester would effectively be cancelling NPR in its current form too, and we therefore find it deeply disrespectful to our residents and businesses that we have not been offered any opportunity to feed our views into this process nor have we received any information about what is being considered.
“We are completely in the dark and that simply isn’t right given how profoundly important this is for our part of the country.”
Mr Burnham and Cllr Craig conceded that whilst it is “reasonable” for any Government to want to ensure HS2 “delivers value for money”, and that prices do not “escalate out of control”, they do not believe the north should “have to pay for the Government’s mismanagement” of the HS2 budget.
“Our purpose in writing, first and foremost, is to ask you for the courtesy of a meeting before any final decision is taken,” the pair continued in their letter to Mr Sunak.
“We believe we are owed that at the very least.
“If you were to agree to that, we would convey to you, in the strongest possible terms, that HS2 should not be scrapped as we believe the north of England needs new North-South and East-West rail infrastructure, and should not be forced to choose between them in the same way that London hasn’t been forced such a choice.
“However, if you are adamant on making changes to the scheme, we could be open to a discussion about prioritising the Northern section of the line, between Manchester Airport and Manchester Piccadilly, so that it enables NPR to be built first.
“This would be conditional on two things – NPR being built in full, with an underground station at Manchester Piccadilly and a new line via Bradford, and a clear commitment that HS2 to Manchester is not being scrapped but re-phased and the protections left in place.
“We believe this is a reasonable proposal to put to you given the circumstances we find ourselves in.
“If you refuse to accept any of what we are saying, we believe that people here will conclude that your promises to level up the North, on which this Government was elected, are utterly meaningless.”
Featured Image – HS2
Iconic Manchester nightclub Panacea reopens as IKaro, a new grill and champagne bar
This week, an iconic Manchester venue will reopen its doors with a brand new concept.
The legendary city centre nightclub known as Panacea is about to reopen as IKaro, a new grill and champagne bar on John Dalton Street.
The move follows an application for planning permission earlier this year and sees a new team into the former popular celebrity hotspot Panacea, which has been closed since 2015.
At the restaurant, diners will find two menus focusing on two different elements, fire and ice. On the first, you’ll find Grilled Lobster Tails, Japanese A5 Wagyu Ribeye, and Australian Wagyu Tomahawk.
On the second an array of Sushi and Sashimi such as Torched Hand Dived Scallops and Bluefin Tuna Otoro.
Behind the menus are talented sushi chef, Lattawan Buchanan, who’s spent time at popular restaurants Ivy Asia and former ‘Masterchef: The Professionals’ finalist, Exose Grant.
Head Chef Exose Grant, said, “Our menu showcases the best of the land and sea. We’ll be using fresh, quality produce in the best possible way. Innovative and impeccably presented dishes that don’t compromise on flavour.”
Behind the bar, you’ll find countless varieties of Champagne including a frequently changing sommelier’s selection of rare bottles which, in keeping with the venue’s reputation as a go-to late-night haunt, will be served up until doors close at 2.30am.
Head of bars, Sean McGuirk, said: “Alongside our extensive ‘by the bottle’ offering, you can expect elevated classic cocktails, as well as some uniquely extravagant options.
“Our team will play with flavours and theatrics to deliver an experience like no other.”
IKaro will mark its launch with a VIP event on Saturday 23 September before doors open to the public on Wednesday 27 September.