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Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Ireland extends VAT cut for hospitality sector

Reuters
Outbreak of the coronavirus disease (COVID-19) pandemic in Dublin

DUBLIN (Reuters) - The Irish government on Tuesday said it had agreed to extend by six months a reduced 9% VAT rate for the hospitality sector, a measure introduced to help businesses impacted by the COVID pandemic.

The rate, which applies to restaurants, tourist accommodation, cinemas and theatres, will revert to its normal level of 13.5% at the start of March 2023, the government said in a statement.

The measures will cost around 250 million euros ($263.65 million), it added.

($1 = 0.9482 euros)

(Writing by Conor Humphries; Editing by Jan Harvey)