The economic update announced by the Chancellor on 8 July, contained several measures focused on a “three-point plan for jobs”.
Those three points – to protect, support, and create jobs – come as part of a “second phase” of support, aimed at keeping employment levels as high as possible as the country faces the challenges of a deep global recession.
Some of the support for businesses included the following:
- VAT cut in hospitality and tourism
- Furlough bonus scheme
- Kickstart scheme
- Traineeships and apprenticeships
- Half-price discount on eating out
Read about these new measures announced in the recent economic update here.