London releases £ 30 billion for further stimulus

2020-07-09T21:19:41.863Z

Among the measures announced are a reduction in sectoral VAT and aid for the employment of young people.UK Finance Minister Rishi Sunak announced new stimulus packages totaling £ 30 billion (33 billion euros) on Wednesday, including VAT cuts for certain sectors, subsidies for energy retrofitting of buildings and state aid. youth employment. " We are entering the second phase of our economic response " to the severe recession caused by the coronavirus pandemic, Rishi Sunak told parliament, adding th...