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The Summer Economic Update From Chancellor Rishi Sunak

The Government's three point plan ...

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Posted by Roger Eddowes on 10/07/2020 @ 8:00AM

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 but people are anxious about losing their job and the rise in unemployment ...

Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020!

Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020!

copyright: essendon accounts & tax

The Chancellor's statement was therefore setting out the Government's plan for Jobs. The policy measures set out a three-point plan. The Chancellor stated the aims of the government are to:

  • first - support people to find jobs

  • second - create jobs

  • third - to protect jobs

Our PDF summary of the measures follows 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.

Click here to download our PDF summary!

Until next time ...

Business Godparent


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About Roger Eddowes ...


Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.

Roger loves getting his hands dirty, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.