Rishi Sunak unveils stamp duty holiday and hospitality VAT cut
by Phillip Inman from on (#55GEF)
Chancellor announces 9bn reward for firms bringing back furloughed workers
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The government will slash VAT in hospitality and leisure businesses, introduce a stamp duty holiday and spend up to 9bn rewarding employers that bring back furloughed staff, the chancellor said in his summer statement on Wednesday.
Outlining measures designed to protect existing jobs and create thousands of new ones, Rishi Sunak said he offered all nations of the UK comprehensive proposals to support the economy and help it bounce back from crisis.
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