Summer Economic Update 2020

10 July 2020

Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020. In his speech he stated that the government has taken decisive action to protect the UK economy. Our summary of the measures follow the three-point plan. In addition we explain some of the other measures that are still operating to support businesses and their employees - in particular the second phases of the Coronavirus Job Retention Scheme and the Self-employment Income Support Scheme. Both of these measures will continue to provide support to businesses and employees. Please do not hesitate to contact us if you would like assistance with either of these measures.

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