Budget highlights
🗓️Extending furlough until the end of September
📈Two further grants for the self-employed – and bringing in 19/20 starters
🏨Restart grants of up to £18,000 to get our retail, hospitality, leisure and personal care businesses going again
📝Business rates holiday extended for 3 months, before tapering for another 9
✂️Extending the VAT cut to 5 per cent for a further six months, before tapering for another six
🏡Continuing our stamp duty cut for another three months, before tapering for another three
💷Extending Universal Credit and Working Tax Credits by six months
👩🎓More money for apprenticeships and traineeships
💰New Recovery Loans to replace our existing loan schemes
🎭£700 million for arts, culture and sports
🏡A brand new 95% mortgage guarantee for prospective homebuyers