How much will Rishi Sunak's generous new covid policies cost the taxpayer?
The Chancellor Rishi Sunak’s summer statement is set to cost some £30 billion on top of the existing programme of furloughing and coronavirus loan schemes.
The job retention bonus which pays companies £1000 for every employee who is brought back from furlough will set the chancellor back £9.4 billion.
The Kickstart Scheme for apprentices aged 16 to 24 will cost £2.1 billion.
Stamp duty relief being extended to £500,000 house purchases until next March will cost £3.8 billion.
Eat out to Help out, the voucher scheme to encourage people into restaurants midweek, will cost £500 million.
The measures are in addition to the job creation package in infrastructure announced by the Prime Minister on 30 June. These add up to £5.6 billion.