Rishi Sunak announces stamp duty holiday and Eat Out to Help Out discount
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CHANCELLOR Rishi Sunak has unveiled a host of new measures to get Britain's economy moving again.
Among the bumper package of measures announced in today's mini-Budget was a six-month stamp duty holiday for homes up to £500,000.
And in a move designed to boost the ailing tourism industry, the Chancellor announced there will be an Eat Out to Help Out discount scheme throughout August - meaning restaurant and pub bills will be slashed in half.
VAT for businesses in the hospitality and tourism industry will also be cut from 20 per cent to just five per cent until January next year.
Mr Sunak has also announced a £2billion Kickstart Scheme, which will help find work for 350,000 jobless young people.
The mini-Budget also saw the announcement of the"Green Homes Grant Scheme", with homeowners eligible for a £5,000 energy voucher when it launches in September.
It comes as the coronavirus death toll in the UK rose to 44,517 after 126 more deaths in were recorded on July 8, 2020.
