Sunak to unveil £2bn home insulation scheme
[Hundreds of thousands of homeowners
will receive vouchers of up to £5,000 for
energy-saving home improvements,
with the poorest getting up to £10,000.
Chancellor Rishi Sunak is due to set
out a £2bn grant scheme in England for
projects such as insulation as part of a
wider £3bn plan to cut emissions.]
[The Treasury said the grants could help to
support more than 100,000 jobs.
Labour said renters appeared to be left
out and called for a "broader and bigger"
plan to cut carbon emissions.
Under the Green Homes Grant, the government
will pay at least two-thirds of the cost
of home improvements that save energy,
the Treasury said.
The Conservative manifesto had
pledged £9.2bn for improving the energy
efficiency of low income housing and public buildings.
Shadow business secretary Ed Miliband welcomed
the plan but stressed that it was not "comprehensive".]
https://www.bbc.co.uk/news/business-53313640
[It was revealed last month that
Mr Sunak is considering a temporary VAT cut
to get the high street back on its feet - something
that's been called for by trade body
the British Retail Consortium (BRC).
Businesses would also be able to defer
their VAT spending for another three months,
under the economic blueprint.
Some report that a six-month VAT cut could
also be on the cards for pubs, restaurants,
hotels and other in the hospitality industry.
VAT currently stands at 20 per cent.]
https://www.thesun.co.uk/money/12041...s-rishi-sunak/