coronavirus pandemic are to be given an above-inflation pay rise, the Chancellor has announced.
08.07.2020 - 06:39 / dailyrecord.co.uk
unemployment.But the Government will only fund 25 hours a week at the national minimum wage of £8.20 an hour for under-25s, with employers topping up wages as they see fit.Speaking ahead of his speech, Sunak said: “Young people bear the brunt of most economic crises but are at particular risk this time because they work in the sectors disproportionately hit by the pandemic.“Youth unemployment has a long-term impact on jobs and wages and we don’t want to see that happen to this generation.
So
.coronavirus pandemic are to be given an above-inflation pay rise, the Chancellor has announced.
will pay employers £1,000 for each worker that is kept on until at least January next year as part of a £9bn job retention bonus scheme.
housing market was given a shot in the arm today as Kate Forbes announced a tax break in a bid to get the economy moving. Holyrood's finance secretary announced a package of measures in response to the mini-Budget announcement by UK Chancellor Rishi Sunak on Wednesday.
Perth and Kinross. Chancellor Rishi Sunak is cutting the rate of value added tax (VAT) on hospitality and tourism from 20 per cent to five per cent from July 15, 2020 to January 12, 2021. Fund for funeral of young girl (7) killed in tragic accident at Perthshire beauty spot raises over £20,000 Around 18,300 jobs are dependent on the Perth and Kinross hospitality and tourism sector - around 23 per cent of the total workforce in the region - as it prepares to reopen in Scotland next week.
restaurant and pub bills slashed in half when eating out. In a bid to kickstart the struggling hospitality industry, the government announced the new discount scheme to coax families out of lockdown.
UK Governmen t has announced that employers who bring back furloughed staff and keep them on until the end of January 2021 will be given a £1,000 bonus. Chancellor Rishi Sunak said the Jobs Retention Bonus could cost up to £9 billion if all furloughed workers are retained.
were announced as part of Chancellor Rishi Sunak’s wider plan to boost the UK’s economy as it looks to recover from coronavirus.