- UK's finance minister Sunak: Government to invest GBP1 billion in work and pensions department to support the unemployed
Market news
8 July 2020
UK's finance minister Sunak: Government to invest GBP1 billion in work and pensions department to support the unemployed
- UK to temporarily cut stamp duty tax on home purchases up to GBP500,000 and the scheme will run till March 31, 2021
- Confirms GBP2 billion green homes grant
- VAT on hospitality and tourism to be cut from 20% to 5% for the next 6 months
- In August, we will give everyone eating out discount; meals will be cheaper from Monday to Wednesdays
- Customers can enjoy up to GBP10 off meals and non-alcoholic drinks per person in eligible cafes, pubs and restaurants.
- Economic measures announced total GBP30 billion
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