Fish and chip shop owners 'let down' by Mini-Budget as they take hits amid crisis
Andrew Crook, president of the National Fish Fryers Federation, said the new mini budget announced by the government today helps "bankers, not bakers and financiers, not fish fryers
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Mini-budget: Kwasi Kwarteng announces stamp duty reduction
Fish and chip shop owners have criticized the mini budget announced by the government today, saying the industry continues to struggle during the current cost of living crisis.
Chancellor Kwasi Kwarteng introduced a series of new tax-cutting measures in the House of Commons this morning.
One was to set corporation tax at 19%, while limiting the basic rate of income tax to the same figure.
But Andrew Crook, president of the National Federation of Fish Fryers, criticized the government for helping 'the bankers, not the bakers and the financiers, not the fish fryers'.
Fish and chip owners say mini budget doesn't help (Picture:
Getty Images/iStockphoto)Reflecting today's announcements - which included a commitment to remove caps on city bonuses - he said the budget had "completely missed the mark".
Mr. Crook said: "It was an opportunity to take the pressure off small businesses because it's not just a job for us, it's a way of life.
"But they completely missed the mark with this budget.
"The entire hospitality industry was looking for a VAT reduction and reforms to ensure the system changed in the future, and we didn't get it.
"And unfortunately, they cared for bankers instead of bakers and financiers instead of fryers."
Andrew Crook, president of the National Fish Fryers Federation, said the new mini budget announced by the government today helps "bankers, not bakers and financiers, not fish fryers
Video loadingVideo not available
Click to playTap to play
Mini-budget: Kwasi Kwarteng announces stamp duty reduction
Fish and chip shop owners have criticized the mini budget announced by the government today, saying the industry continues to struggle during the current cost of living crisis.
Chancellor Kwasi Kwarteng introduced a series of new tax-cutting measures in the House of Commons this morning.
One was to set corporation tax at 19%, while limiting the basic rate of income tax to the same figure.
But Andrew Crook, president of the National Federation of Fish Fryers, criticized the government for helping 'the bankers, not the bakers and the financiers, not the fish fryers'.
Fish and chip owners say mini budget doesn't help (Picture:
Getty Images/iStockphoto)Reflecting today's announcements - which included a commitment to remove caps on city bonuses - he said the budget had "completely missed the mark".
Mr. Crook said: "It was an opportunity to take the pressure off small businesses because it's not just a job for us, it's a way of life.
"But they completely missed the mark with this budget.
"The entire hospitality industry was looking for a VAT reduction and reforms to ensure the system changed in the future, and we didn't get it.
"And unfortunately, they cared for bankers instead of bakers and financiers instead of fryers."
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