Economic Situation: Coronavirus

(asked on 12th July 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he plans to take to monitor the effect on local economies of the potential effect of the easing of covid-19 restrictions on the number of people required to self-isolate.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 19th July 2021

From 16 August, double vaccinated individuals and under 18s will no longer need to self-isolate if they are identified as a close contact of someone with Covid-19. Introducing this exemption in August, when more people will be fully vaccinated, will reduce the risk of severe illness.

Throughout the pandemic, the Government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK. To do this, the Government has put in place an economic package of support totalling £352 billion through the furlough and self-employed income support schemes, support for businesses through grants and loans, and business rates and VAT relief.

At the Budget, the Chancellor announced a generous extension of economic support for businesses and individuals, with many schemes continuing well beyond Step 4 of the Roadmap to accommodate even the most cautious view about the time it might have taken to exit restrictions. This continued support is helping businesses bounce back as restrictions are lifted.

The Treasury monitors the health of local economies as part of its normal activities, and will respond to challenges as necessary. The Government’s economic and fiscal policy response will continue to evolve according to changing economic and health circumstances. So, we will ensure to take the right action at the right time to support individuals and businesses in every region and nation of the United Kingdom.

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