Archives for July 26, 2011

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Labour calls for VAT cut

By Lorraine Heller

The Labour Party has called for a temporary cut in VAT to 17.5 per cent as it embarks on a campaign to rejuvenate Britain’s high streets.

How ready is the UK for Olympics hospitality?

By Lorraine Heller

With exactly one year to go until the London Olympics, the UK is sending out a call to the world to come to these shores next year, but initial figures suggest that the hospitality sector is far from ready to welcome the additional visitors.

4m Brits plan holidays to avoid Olympic Games

By Lorraine Heller

Just over half of Brits feel that the Olympic Games will have a positive impact on the country’s economy, while almost 4m people will be leaving the country to avoid the 2012 Games, finds a new survey by PwC.