Tag Archives: World Economic Forum

V.A.T. cut for hospitality industry rejected

THE PRIME Minister has rejected calls from the hospitality industry to cut VAT to 5%, despite the backing of 28 MPs from all parties to support the measure.   The debate on cutting VAT across the sector, which took place yesterday in the House of Commons, highlighted the impact the recession has had on the…
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1.3 billion Tonnes of food lost to supply chain inefficiency

A NEW REPORT has been published revealing that supply chain inefficiency contributes significantly to the 1.3 billion tonnes of food that is lost each year.   The report has been published by the World Economic Forum in collaboration with Bain and Company, and calls for the urgent implementation of deeper behind-the-border reform to meet world…
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