A WELLINGTON pub is to cut the price of all food and drink by 7.5 per cent tomorrow Thursday.

The Iron Duke on the corner of North Street and Fore Street is supporting a national Tax Equality Day, aimed at highlighting the benefit of a VAT reduction in the hospitality industry.

Prices at the Wetherspoon pub will be reduced for one day only. So, for example, the total price of a meal and drinks for an individual will be reduced from £10 to £9.25 on Tax Equality Day.

At present all food and drink in pubs is subject to 20 per cent VAT, compared to supermarkets which benefit from a zero VAT rate on all food. As a result, supermarkets can use that saving to sell alcohol at a discounted price.