Nando’s, McDonald’s, KFC and Wetherspoons have all slashed their prices

Many restaurants are lowering their prices as they reap the benefits of lowered VAT. 

You’ll be pleased to hear that some of your favourite restaurants including Nando’s, Wetherspoons, McDonald’s and KFC have all slashed some of their prices. 

It comes after last week’s announcement from Chancellor Rishi Sunk which lowered VAT until 2021, which is expected to save families £160 a year.

The Eat Out to Help Out campaign will also give people 50% off up to £10 per head on restaurants in August, meaning we have even more discounts to look forward too. 

Pret A Manager has announced it will be cutting the price of coffee from last Wednesday following the VAT change, while hot food prices will be cut from today, Friday July 17th. 

The chain said a takeaway latte will now be £2.40, a saving of 35p as a result of the tax break. 

McDonald’s is recommending price cuts to its franchisees on popular items and meal deals. It intends to reduce Happy Meals by 30p, breakfast meals by 50p as well as price cuts recommended on classics like Big Macs, Quarter Pounders and McNuggets. 

Meanwhile, KFC will be reducing sharing buckets by £1 and reducing ‘fan favourites’ by 50p. 

It’s good news for Nando’s fans too, as the chicken chain has said it will ‘100% pass on the benefits’, reducing a quarter chicken by 55p.

The VAT cut doesn’t apply on cold takeaway food such as sandwiches and salads or on alcoholic drinks. 

Wetherspoons has also announced it will be cutting the price of hot food and cold drinks to help fund lower prices of its most popular beers.

Prime Minister Boris Johnson’s official spokesman said: “We want businesses to pass on the benefit to customers if they can, and almost four-fifths of businesses said they did so in 2008.

“But we recognise that many of these businesses have been closed and without income for months, and decisions on prices are ultimately for businesses rather than the Government.”