VAT is to be slashed on food, accommodation and attractions in a major boost for hospitality firms hit hard by the coronavirus pandemic.

Here at the Times & Star, we want to know if you think Chancellor Rishi Sunak went far enough to help the economy.

He announced that tourism and hospitality VAT will be cut from 20 per cent to 5 per cent for the next six months in his "mini-budget" announcement.

These new measures have been greeted with a mixed response from community leaders.

But what do you think? Tell us in our online survey

The measures set out by the Chancellor include:

- A new £2bn scheme to create thousands of job placements for young people aged between 16-14

- A temporary change to stamp duty

- immediately increasing the threshold from £125,000 to £500,000

- Temporary cut to VAT on food, accommodation and attractions from 20 per cent to 5 per cent

- A new job retention bonus for employers who bring back furloughed staff, giving £1,000 to businesses who bring back employees from furlough

- New payments for businesses hiring apprentices and trainees

- A £2bn “green homes grant” to help make homes more energy efficient - “Eat out to help out” vouchers that will give diners 50 per cent off their meals out at cafes, restaurants and pubs, with conditions, for August.

Mr Sunak also said the move will benefit accommodation in hotels, B&Bs, campsites and caravan sites, while attractions such as cinemas, theme parks and zoos will also see the tax cut.

It will be reduced from Wednesday July 15 until January 12, he told MPs.

He added: "This is a £4 billion catalyst for the hospitality and tourism sectors, benefiting over 150,000 businesses, and consumers everywhere - all helping to protect 2.4 million jobs."

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