C&C back call to reduce VAT on food and drink in on-trade
Tennent’s owner C&C Group, who also produce Magners, has joined the VAT Club Jacques Borel. It has put its weight behind the campaign to reduce the level of VAT on drink and food in the hospitality sector in the UK from 20% to 5 %.
Paul Bartlett, Director of Corporate Affairs at C &C said, “Pubs and bars are vital to the social and economic fabric of the UK. We believe that it is important for suppliers like us to support the VAT campaign and show that we are standing side by side with licensees.
He continued, “The rate of VAT in Ireland in the sector was reduced in 2011 and we have seen the beneficial effect on the hospitality industry there, safeguarding jobs and neighbourhoods. The UK should follow suit.”
Jacques Borel said: “I’m delighted to welcome C&C as new members to the campaign and look forward to many other high profile companies joining in the coming weeks and months.
“The campaign is gaining great traction within the hospitality industry and with the public too.”
Other members include JD Wetherspoon, Heineken T&R Theakston, Shepherd Neame and Punch.