Chancellor's Summer Statement

9th July 2020

With Covid-19 triggering unprecedented economic contraction, we need unprecedented bold creative steps from HMG.

The Chancellor has announced just that. 
 
A £30bn Plan For Jobs. 
 
£2billion #GreenHomesGrant to improve energy efficiency of homes, reduce energy bills & create jobs in local construction
 
A £40 Million GreenRecovery Challenge Fund for green jobs
 
A temporary VAT Cut for Accommodation, Attractions, and Food & Drink 
 
Affordable Homes Grant creating 180,000 new affordable homes
 
Job retention bonus to UK employers for every furloughed employee who remains continuously employed through to the end of Jan 2021.
 
Payments for employers hiring new apprentices
 
Additional funding will be provided this year for traineeships in England. 
 
This will be welcomed by Mid Norfolk constituents.
 
For more details see the document here.