_(St_Edwards_Crown).svg) | |
| Presented | 8 July 2020 |
|---|---|
| Parliament | 58th |
| Party | Conservative Party |
| Chancellor | Rishi Sunak |
The July 2020 United Kingdom summer statement (also known as the coronavirus mini-budget[1]) was a statement from the British Government, or mini-budget statement, delivered on 8 July 2020 by Rishi Sunak, the Chancellor of the Exchequer. It followed the budget delivered earlier in the year, and preceded the Winter Economy Plan. The purpose of the statement was to announce measures aimed at helping to promote economic recovery following the impact of the COVID-19 pandemic. The statement was delivered to the House of Commons, where Sunak unveiled a spending package worth £30bn. Concerns were subsequently raised by organisations including HM Revenue and Customs and the Institute for Fiscal Studies about the statement's impact, as well as its cost-effectiveness, while at least one major retailer declined to take advantage of a financial bonus scheme intended for rehiring employees placed on furlough during the pandemic.
- ^ Murray, Warren (8 July 2020). "Wednesday briefing: Rishi Sunak to deliver coronavirus mini-budget". The Guardian. Archived from the original on 8 July 2020. Retrieved 8 July 2020 – via www.theguardian.com.