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Chancellor pledges stimulus for jobs, property and hospitality sectors

Chancellor pledges stimulus for jobs, property and hospitality sectors

The UK chancellor has unveiled a stimulus package worth up to £30bn, creating jobs, slashing stump duty and VAT and offering a discount on meals eaten out next month. With the furlough system due to wind down in October, such measures – along with a job retention bonus scheme, and a ‘kick-start’ programme for younger people – are intended to bolster employment and get the pandemic-hit economy back on its feet.

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