Chancellor Rishi Sunak has announced he’s cutting VAT from 20% to 5% for the hospitality and tourism sectors until January 2021. In a further attempt to get the sectors moving, the chancellor announced there will be a 50% discount for people dining out on Monday to Wednesday at participating establishments. Report by Browna. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn