The Daily Telegraph - Business - - Coronaviru­s: Sunak’s Winter Economy Plan -

◆ Jamie Shail of Rothay Manor says: “Rishi Su­nak has done what he needed to do to save many jobs over the com­ing months. That be­ing said, I would have liked to hear some­thing fur­ther on busi­ness rents and rates, given the im­pact to hos­pi­tal­ity in cities.

“Un­for­tu­nately, the re­cent re­stric­tions on open­ing hours for restau­rants has seen an in­crease in un­cer­tainty, and a large re­duc­tion in our ca­pac­ity. The un­cer­tainty has al­ready seen a drop in book­ings and an in­crease in can­cel­la­tions.

We will ben­e­fit from the scheme, mainly from the ex­ten­sion of the VAT re­duc­tion which is very wel­come. As a small ho­tel and res­tau­rant, we don’t have the abil­ity to take ad­van­tage of the ‘re­duced hours top up scheme’ as we need the same num­ber of staff across the whole year.

“And while the ‘pay as you grow’ changes on the govern­ment backed loans will help, all this does is move the prob­lem to a later date. We’re in a good enough po­si­tion not to need to make re­dun­dan­cies, and have no plans to, and I hope this doesn’t change.”

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