Lib Dems call for 5% VAT cut for pubs and restaurants

The Liberal Democrats are calling for a 5% cut in VAT in this month's budget to support the UK's ailing hospitality sector and their hard-pressed customers.Deputy leader and Treasury spokesperson Daisy Cooper has called on the Chancellor to cut VAT from 20% to 15% to boost footfall in Britain's pubs, restaurants and entertainment venues.She said the government should step in to help people obtain "small joys",…