THE Government will subsidise the wages of young people hired under a major new scheme aimed at finding work for 350,000 jobless Brits. Rishi Sunak today unveiled the £2billion Kickstart Scheme, which will see the Government pay towards six months of wage costs of every 16 to 24-year-old hired by employers. ⚠️ Read our coronavirus live blog for the latest news & updates What was announced in the mini-Budget?CHANCELLOR Rishi Sunak has announced a £30billion “plan for jobs The changes were announced in what’s been described as a “mini-Budget” following the coronavirus. Here’s what the Chancellor announced: Young people hired by firms will get their wages subsidised by the government under its £2billion Kickstart Scheme House buyers will see stamp duty cut on homes up to £500,000 until next year - we’ve explained how it will work Households will get £5,000 in energy saving vouchers to help them insulate their homes – here’s what you need to know Businesses will be given a £1,000 bonus for each employee they bring back from furlough Pubs and restaurant bills will be slashed by £10 a head in August VAT will be cut from 20 per cent to 5 per cent for businesses in the hospitality and tourism industry It will cover 100… Read full this story
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