Chancellor announces ‘job support scheme’ to subsidise wages of people in work; VAT cut extended for hospitality and tourism sector until end of March
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12.33pm BST
The CBI has welcomed Rishi Sunak’s job support package.
CBI director-general Carolyn Fairbairn (who joined the photocall outside 11 Downing Street with the chancellor this morning) says it should save hundreds of thousands of jobs.
“These bold steps from the Treasury will save hundreds of thousands of viable jobs this Winter.
It is right to target help on jobs with a future, but can only be part-time while demand remains flat.”
12.27pm BST
Alison Thewliss, the SNP Treasury spokeswoman, says Sunak did not tell the finance ministers in the devolved administrations he was cancelling the budget. Does he realise what impact this has on those administrations, which need to know what is in the UK budget?
Sunak says the chief secretary to the Treasury regularly speaks to the devolved administrations. But he says there is no reason why the UK government has to set its budget before they set theirs.
Continue reading…Chancellor announces ‘job support scheme’ to subsidise wages of people in work; VAT cut extended for hospitality and tourism sector until end of MarchKey points from Rishi Sunak’s winter economy plan – at a glanceAlmost 10,000 a day contracting Covid in UK, Hancock saysUsers report issues as Covid-19 app launches How to download the NHS Covid-19 contact-tracing appGlobal coronavirus live: latest updates 12.33pm BSTThe CBI has welcomed Rishi Sunak’s job support package. CBI director-general Carolyn Fairbairn (who joined the photocall outside 11 Downing Street with the chancellor this morning) says it should save hundreds of thousands of jobs.“These bold steps from the Treasury will save hundreds of thousands of viable jobs this Winter.It is right to target help on jobs with a future, but can only be part-time while demand remains flat.” 12.27pm BSTAlison Thewliss, the SNP Treasury spokeswoman, says Sunak did not tell the finance ministers in the devolved administrations he was cancelling the budget. Does he realise what impact this has on those administrations, which need to know what is in the UK budget?Sunak says the chief secretary to the Treasury regularly speaks to the devolved administrations. But he says there is no reason why the UK government has to set its budget before they set theirs. Continue reading…