The Emergency Coronavirus Budget Explained: Sunak's Summer Statement - TLDR News

Chancellor Rishi Sunak announced a £30 billion plan to address the UK's economic crisis, focusing on job retention, youth employment, green investment, and support for the hospitality sector. Key measures include winding down the furlough scheme, introducing a job retention bonus, launching a kickstart scheme for young workers, providing green homes grants, cutting stamp duty, and implementing VAT reductions and dining discounts to boost the hospitality industry.

What incentives were provided to employers for hiring apprentices?

What was the significance of the stamp duty cut announced by the Chancellor?

How did the Chancellor plan to support the hospitality sector?