Tom Kerridge on hospitality crisis, the wealth tax that MIGHT work plus why France is still vital to the UK economy
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Celebrity chef, Tom Kerridge, has told City AM that the benefits of a 10% cut in VAT on hospitality would far outweigh the negatives. Speaking to City AM's Retail Reporter, Felix Armstrong, Mr Kerridge took aim at tax expert Dan Neidle, who has criticised the proposed VAT scheme for indiscriminately cutting taxes for both small and large businesses.
Meanwhile, City Editor Simon Hunt takes a closer look at a possible Land Value Tax, a proposal favoured by Andy Burnham which would see council tax and stamp duty rolled into one.
Plus: on Bastille Day the UK head of Business France tells the podcast Brits are still as eager for French cheese, wine and fintechs as ever.
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