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08 Jul 2020
On 8 July, Chancellor Rishi Sunak announced a three-point plan to support jobs in the wake of the COVID-19 pandemic when he delivered a Summer Economic Update to Parliament.
Chancellor Rishi Sunak announced a temporary cut in the rate of Stamp Duty Land Tax (SDLT) in order to boost confidence in the flagging housing market in his Summer Economic Update.
On 1 July, changes to the Coronavirus Job Retention Scheme (CJRS) saw flexible furloughing introduced.
The government has expanded its COVID-19 support for start-ups and innovative companies with the launch of a new fund.
The Bank of England has increased the stock of purchases of UK government bonds to help boost the UK economy following the coronavirus (COVID-19) pandemic.
The Financial Conduct Authority (FCA) has confirmed further support for users of certain consumer credit products if they are experiencing temporary payment difficulties due to the coronavirus pandemic.