Current location:style >>
UK announces fresh measures to support jobs, spur recovery amid coronavirus crisis
style9People have gathered around
IntroductionBritish Prime Minister Boris Johnson (L) leaves 10 Downing Street for Prime Minister's Questions at ...
British Prime Minister Boris Johnson (L) leaves 10 Downing Street for Prime Minister's Questions at the House of Commons in London, Britain, on July 8, 2020. The British government on Wednesday set out a package of fresh measures to support jobs and boost economy as part of a comprehensive plan to secure the country's recovery from the coronavirus pandemic. (Photo by Tim Ireland/Xinhua)
LONDON, July 8 (Xinhua) -- The British government on Wednesday set out a package of fresh measures to support jobs and boost economy as part of a comprehensive plan to secure the country's recovery from the coronavirus pandemic.
As the second part of a three-phase plan, the measures are designed to support jobs by focussing on skills and young people, create jobs with investment in shovel-ready projects and greening our infrastructure, and protect jobs through a VAT cut for the hospitality sector and a landmark Eat Out to Help Out discount scheme for diners, said a statement by the Treasury.
"Our plan has a clear goal: to protect, support and create jobs. It will give businesses the confidence to retain and hire. To create jobs in every part of our country. To give young people a better start. To give people everywhere the opportunity of a fresh start," said Chancellor of the Exchequer Rishi Sunak.
As part of the plan to support jobs, British employers will receive "a one-off bonus of 1,000 pounds (about 1,259 U.S. dollars) for each furloughed employee" who is still employed as of Jan. 31, 2021, said the statement.
Meanwhile, dubbed "Kickstart Scheme", a new 2-billion-pound (about 2.5 billion dollars) package will be launched to create hundreds of thousands of "new, fully subsidised jobs for young people" across the country, it added.
"Those aged 16-24, claiming Universal Credit (a benefit payment for people in or out of work) and at risk of long-term unemployment, will be eligible," said the statement, as businesses will be given 2,000 pounds (about 2,519 dollars) for "each new apprentice they hire under the age of 25."
Meanwhile, the plan will also create tens of thousands of jobs through bringing forward work on 8.8 billion pounds (about 11.08 billion dollars) of new infrastructure, decarbonisation and maintenance projects, said the Treasury.
To boost tourism and hospitality sectors severely impacted by the pandemic, the government will also cut the rate of VAT applied on most tourism and hospitality-related activities from 20 percent to 5 percent.
In addition, to encourage people to safely return to restaurants, the government's new Eat Out to Help Out discount scheme will provide a 50 percent reduction for sit-down meals in cafes, restaurants and pubs across Britain from Monday to Wednesday every week throughout August 2020, the statement revealed.
According to the chancellor, the third phase will focus on "rebuilding", with a Budget and Spending Review in the autumn.
The first stage was a 160-billion-pound (about 201.5-billion-dollar) package, which included 49 billion pounds (about 61.7 billion dollars) of extra funding for the country's vital public services including the National Health Service (NHS), paying the wages of nearly 12 million people and supporting over a million businesses through grants, loans and rates cuts, said the statement. Enditem
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Signals news portal”。http://newzealand.lochsaege.com/content-72c599910.html
Related articles
Hilarious moment mother asks her Cocker Spaniel to help choose her lottery numbers
styleThis is the hilarious moment a woman enlisted the help of her Cocker Spaniel to help choose her lott ...
【style】
Read moreOJ Simpson's former NBC Sports co
styleOJ Simpson's former NBC co-host Bob Costas revealed the 'awkward' joke the accused murder made durin ...
【style】
Read moreHarry Styles and Niall Horan soak up the action at The Masters with the Love on Tour star watching 6
styleEvery golf fan in the world is desperate to get their hands on a ticket to Augusta National to soak ...
【style】
Read more
Popular articles
Latest articles
Key evidence in the 'burking' murder trial was 'hidden' from defence lawyers
Netflix fans are left STUNNED by the streaming site's 'most UNHINGED' show yet
Costco member spotted returning vintage item from 2002 under retailer's 'unlimited grace period'
Thierry Henry predicts Phil Foden's stunning goal in 3
Nigella Lawson, 64, reveals she would 'never take Ozempic' as a weight
The truth about trend of new mothers drinking their OWN breast milk
LINKS
- Multiple places in C.China’s Henan suspend classes, transportation due to continuous snowfall
- Temperatures plunge to historic lows as severe cold fronts impact most of China
- Chinese engineers install cutting
- China issues yellow alert for blizzards
- Shooting at Baltimore mall sends girl, 7, to hospital
- Procuratorate orders arrest of former vice president of China Development Bank
- China moves to improve grassroots access to basic medical services
- Prince Andrew breaks cover as he goes for a horse ride in Windsor
- Former CSIC chairman sentenced to 13 years in jail for bribery, abuse of power
- China's Qinghai ends second