GDP figures

Today’s GDP figures underline the scale of the challenge our country we faces, and we know people are worried about the security of their jobs and incomes. That’s why the government will continue to protect, create and support jobs while levelling up the entire country. 
  • Throughout the coronavirus pandemic, the government has put in place a £160 billion plan – one of the largest and most comprehensive in the world – which analysis shows has significantly protected people’s jobs, incomes and businesses.
     
  • In recent weeks, the Prime Minister and Chancellor have launched both our New Deal for Britain, and our Plan for Jobs, to help us bounce back from coronavirus and secure the UK’s economic recovery.
     
  • Through the New Deal, we are accelerating £5 billion of infrastructure projects vital to Britain’s future prosperity, while our £30 billion Plan for Jobs will help to protect millions of jobs, create new ones, and ensure people have the support they need to find new employment.
     
  • These are just the latest steps in our response to coronavirus – the first phase was about protection; now is the time to focus on jobs. There is a third stage still to come, with a Budget and Spending Review in the autumn, to focus on rebuilding Britain.

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