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(Sharecast News) - Hundreds of UK hospitality businesses, backed by celebrity chefs including Angela Hartnett and Heston Blumenthal, have asked Andy Burnham to lay out plans to lower VAT for the sector, urging him to make good on his previous pledge. More than 800 businesses have written an open letter to the prime minister as part of the #VATsTheProblem campaign, to warn that without a "fairer tax burden for hospitality", there will be more closures and job losses, and fewer opportunities for young people. - Guardian
Rail passengers whose trains are cancelled will have the immediate right to travel on other operators' services to finish their journey without further charge, ministers have announced. The "commonsense change" will take effect from Sunday 20 September, ending the confusion in Britain where many pre-booked tickets are not valid on other firms' trains. - Guardian
Labour's wealth tax raid combined with stringent planning laws has effectively killed off ultra-luxury property developments in London, experts have warned. Branded residences - luxury homes with hotel services - are often viewed as symbols of status and wealth creation. Some of the UK's best-known examples include the Mandarin Oriental at One Hyde Park, and the OWO Residences by Raffles in Mayfair. - Telegraph
Wind farm owners have been accused of pushing up household bills by exploiting a "loophole" in green energy subsidies. The loophole involves contracts for difference (CfDs), the 15- or 20-year fixed-price deals that are handed to wind farms to give developers certainty about their future income. These are used to underpin the finances of most renewable energy schemes and are ultimately funded through consumer bills. - Telegraph
The transformation of the Battersea Power Station site is entering its final phase 14 years on from the beginning of the project after the owner unveiled its revamped plan for the remainder of the neighbourhood. A planning application outlining proposals for the 16 acres of undeveloped land in central London that are left has been submitted to Wandsworth council by the company overseeing the project. - The Times
