With the cold months coming up, it is important to make more
efforts to support those going through difficult times. A winter economy plan has just been announced by the Chancellor to
that effect.
Rishi Sunak revealed that the government has plans to offer
additional support and reassurance to workers and businesses affected by the
coronavirus. In his speech in the Parliament, he said that several measures
will be introduced to make these uncertain months ahead easier, especially
since we are already dealing with the coronavirus. Some examples of the
packages that will be implemented are a new Jobs
Support Scheme to protect those going to work, an extension of the Self Employment
Income Support Scheme, 15% VAT cut for the hospitality and tourism sectors and
more time for businesses to repay government loans.
Ever since the outbreak of the pandemic, the government has
been implementing various financial projects to help those in need.
According to some experts, the UK has one of the most generous and
comprehensive economic
plans in the world. Over £190 billion is being disbursed to support people,
businesses and public services and it has been made clear that there will be
consistent efforts. For more details about future measures, keep following this
blog.
More measures will be introduced for winter © Royalty-free
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