Is it just me, or does anyone else agree that the British Hospitality Association must be living in cloud-cuckoo-land to have undertaken a survey of its members as to whether they were in favour of slashing VAT from 20% to 5% - but just for hospitality businesses? Of course 98% said "yes"; and 95% said that they'd pass on all - well, perhaps a little - of the savings to their customers. (Caterer, 23rd April 2012). No sh*t, Sherlock!
