Other measures included a temporary cut to the level of value added tax on food, accommodation and attractions – and lifting the threshold at which stamp duty tax is due on home purchases to help the construction sector.
Sunak said the UK economy had contracted by 25 percent over the coronavirus lockdown – "the same amount it grew in the previous 18 years." 3.8 billion of green investment, after British Prime Minister Boris Johnson vowed to "build, build, build" out of the economic crisis.5 billion in grants for households to insulate homes and make them more energy efficient, and another $1.The plan is part also of Britain's long-term pledge to reduce carbon emissions to net zero by 2050 to tackle climate change.
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