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How the £500 voucher scheme to save the high street could work and who would get one
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mirror.co.ukChancellor Rishi Sunak is considering a new £500 shopping initiative that would give all adults and children 'free' vouchers to help restart the economy, following the coronavirus lockdown.
Under the proposals, every adult would be handed £500 and every child £250, to help pump cash back into the high street. The Resolution Foundation, which suggested the idea ahead of Wednesday's Budget, said the £30billion scheme could save hundreds of thousands of jobs amid a looming recession.
It said the vouchers would be valid in sectors that have been hit the hardest by the pandemic, such as the arts and hospitality.
The vouchers would be universal, delivered as coupons or smartcards and activated over 12 months. It would be a one-off, non-refundable
Read more on mirror.co.uk
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