Moulton Chapel, Spalding and Long Sutton area publicans happy with budget help
Publicans from across the area have reacted favourably to the help on offer to them as part of the 2021 budget.
Chancellor Rishi Sunak announced yesterday (Wednesday), that "restart grants" will be provided to businesses in the hospitality industry and the temporary VAT reduction, which was brought in last July for hospitality and leisure businesses, has been extended.
It was also announced that 750,000 businesses across the hospitality, retail and leisure sectors will benefit from business rates relief, with up to £18,000 of "restart grant" funding on offer per premises within the hospitality industry.
Sean Portass, of Palmers Ale House and Kitchen in Long Sutton, feels the Government has been fair.
He said: "I didn't expect much more than what they've done really, but I'm more than happy with what they've done.
"They've been quite fair by squashing business rates and taking the VAT down.
"If they were to give us the grant that means we will have been given a lot over the years.
"In terms of reopening, I don't think we can open Palmers and give the correct service and quality we pride ourselves on with outside only.
"We're aiming for May 17, all being well."
As part of the budget, a VAT reduction originally brought into effect last July, which brought the rate down from 20 per cent to 5 per cent, will now be in place until the end of September.
On October 1, the rate will increase to 12.5 per cent but will remain at that level until March 31 2022, at a cost of £5billion to the Treasury.
Kevin Guyatt, landlord of Mulberry's Bar at the Chequers in Spalding, says paying back the money the Government is making available to the industry will be worth it in the long run.
He said: "I think the Government have done a brilliant job.
"We all know that in the long run we will have to pay this back, but I really don't mind them taking an extra £4 or £5 a month to make up for it - you'd pay more than that for a pint in London!
"They've made a few errors but we're in a pandemic and we've never been here before so anyone would have made errors in their position but I think they've done a good job."
Joey Hammond, who took over The Jolly Farmer in Moulton Chapel with his wife Gemma in October, says that he is hopeful for a better year.
He said: "What they've put in place for us is not bad as long as we are able to get hold of the grants on offer.
"Loans are hard to come by, especially if you've recently taken over a business like we have.
"Looking at this year the main feeling is hope. We are really hopeful for a better year than last year but I do think there might be some pushbacks.
"The fact that the Government has extended the furlough scheme until September makes me think there might be a few pushbacks but I hope we will be able to open again in May."