Current location:politics >>
UK announces fresh measures to support jobs, spur recovery amid coronavirus crisis
politics61735People 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 Station news portal”。http://tonga.downmusic.org/content-38b099888.html
Related articles
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
politicsST. PAUL, Minn. (AP) — Uber and Lyft plan to keep operating in Minnesota after the state Legislature ...
【politics】
Read moreEberl ringing alarm bells for Bayern ahead of Arsenal duel
politicsAs Max Eberl spent over an hour in Bayern Munich's locker room on Sunday, it might tell the stor ...
【politics】
Read moreQingdao top Ningbo, Sichuan losing skid reaches 18
politicsThe Qingdao Eagles, who had just ended their three-game losing streak, defeated the Ningbo Rockets 1 ...
【politics】
Read more
Popular articles
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- Tsinghua art and science symposium explores future trends, presents awards
- Mom shares horrifying photo of 20 hidden blood clots removed from her leg
- Apple CEO says that he wants to increase investments in Vietnam
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- Sancho, Reus send Dortmund to UCL quarters
Latest articles
Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
2nd Hong Kong pop culture festival to open on April 6
China's Qingming holiday box office hits record high
Tesla execs Drew Baglino and Rohan Patel among those leaving company in bloodbath lay
Red Lobster seeks bankruptcy protection after closing some restaurants
Yuan wins Chinese derby to progress at Indian Wells
LINKS
- House of Horrors survivor Jordan Turpin, 23, goes public with her new BOYFRIEND
- Arturas Karnisovas vows to make changes after the Bulls missed playoffs for 2nd straight season
- Heartbreaking final photo of nine
- 15 people suffer minor injuries in tram accident at Universal Studios theme park in Los Angeles
- Moment cops shoot dead 67
- Jennifer Aniston, 55, and Courteney Cox, 59, show off their age
- MacKinnon versus Hellebuyck highlight first
- Iraq investigates a blast at a base of Iran
- TikTok star with 1.1 million followers reveals why US must pass ban on China
- Iraq investigates a blast at a base of Iran