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.