Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of new jobs that will be created as the result of announcements made in the summer economic statement on 8 July 2020.
The Plan for Jobs makes available up to £30 billion to support the recovery, and support jobs. The £2 billion Kickstart Scheme will create hundreds of thousands of new, fully subsidised jobs for young people across Britain. The Government has said there will be no cap on the number of places available, and urges employers to hire as many Kickstarters as possible.
Other elements of the Plan will help to support jobs, too. The Government expects the Green Homes Grant, together with the Public Sector Decarbonisation Scheme and the Social Housing Decarbonisation, to support around 140,000 green jobs, and cutting VAT to 5% on eligible services supplied by the tourism and hospitality sectors will help protect 2.4 million jobs.
The Government is also supporting firms who keep their furloughed workers on, with a £1,000 bonus for each furloughed employee who is still employed by the end of January next year. And the Government is supporting all unemployed people to find jobs by providing £1.2 billion to significantly enhance and expand work search support this year in Great Britain, including to double the number of work coaches to 27,000.