Chancellor Rishi Sunak has launched a scheme to support London’s restaurant sector during the pandemic. The initiative, which has been named Eat Out To Help Out, will come into effective on the 3rd of August and continue until the end of the month.
The scheme, which was one of a number of measures announced by the chancellor in a mini budget on Tuesday morning, will see diners receive a 50% discount off their bill in participating restaurants.
The offer can be redeemed an unlimited number of times during August, however, the Eat Out To Help Out scheme is only available from Monday to Wednesday, and the maximum discount is set at £10 per person. In addition, alcohol purchases are not available with the offer.
As Mr Sunak announced the scheme, he was keen to reassure the public that it was safe to dine out. “I know people are cautious about going out. But we wouldn’t have lifted the restrictions if we didn’t think we could do so, safely,” he said.
The scheme comes at a critical time for London’s restaurant industry, as venues continue to struggle during the pandemic. Despite the fact that the hospitality sector was given the go ahead to reopen on the fourth of July 2020, a lack of footfall in the West End has meant that, for the most part, venues are continuing to struggle.
Businesses will be able to register for the scheme on the web from Monday the 13th of July 2020. The Chancellor has said that participating businesses will be able to claim the money back from the Government with the funds available to withdraw within five working days.
The scheme is expected to have a large uptake with many businesses desperately trying to find ways to drum up trade over the usually busy summer months.
You can find out more about the Eat Out To Help Out Scheme here.
For information on great restaurants and bars in London, please click here.