Wednesday, July 8, 2020

Chancellor announces help for post-Covid hospitality sector

Chancellor Rishi Sunak is to cut VAT on hospitality as part of a £30bn plan to prevent mass unemployment as the economy is hit by coronavirus.
The government will also pay firms a £1,000 bonus for every staff member kept on for three months when the furlough scheme ends in October.
And Mr Sunak announced a scheme to give 50% off to people dining out in August.
These measures were announced in Parliament this afternoon in The Chancellor's summer statement on the economy.
For the full story, see the BBC online at: https://www.bbc.co.uk/news/uk-politics-53268594

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