Today the next phase of the nation's recovery from the Covid-19 pandemic began. The Chancellor outlined several schemes to retain jobs following the furlough scheme, and to create new ones. For the hospitality and tourism sector there were VAT reductions to assist their cash flow and the launch of the August 'Eat in to Help Out' scheme, encouraging customers to visit again.
These schemes build on the extensive proposals in the Prime Minister's 'Build, Build, Build' speech last week and include:-
A £1,000 Jobs Retention Bonus.
New, high quality jobs for hundreds of thousands of young Kickstarters.
More apprenticeships, more traineeships, more skills funding.
Billions of pounds of new, job creation projects around the country.
A £3 billion plan to support 140,000 green jobs.
And in this vital period, as we get going again:
Stamp duty cut.
Meals out cut.