Could UK follow Germany with VAT cut to tempt shoppers back to stores-

Survey after survey has shown a high level of caution among consumers about shopping in physical stores again and there are concerns that many stores will close if footfall stays low.Chancellor Rishi Sunak has hinted at a temporary VAT cut, The Times reported, which would be particularly useful for retailers as it would allow them to lower prices without having to introduce discounts that would…

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