HS2 rail project work commences with a projected promise of 22,000 jobs | UK Market Update

September 05, 2020 05:18 AM AEST | By Team Kalkine Media

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Treasury figures show that Eateries have claimed more than 100 million meals under the Eat Out to Help Out scheme. Diners got a state-backed 50% discount on meals and soft drinks up to £10 each on Mondays, Tuesdays and Wednesdays during August. Restaurant bookings surged during the scheme, especially on the final day. Chancellor Rishi Sunak said: "From the get-go our mission has been to protect jobs, and to do this we needed to be creative, brave and try things that no government has ever done before. About 84,700 restaurants signed up for Eat Out to Help Out.

Coffee chain Costa Coffee has said that up to 1,650 roles are at risk of being cut, as it is forced to reduce costs because of the impact of coronavirus. It says there are still "high levels of uncertainty" as to when trade will regain pre-pandemic volumes.

Construction work on HS2 officially begins on Friday, with companies behind the controversial high-speed rail project expecting to create 22,000 jobs in the next few years. Prime Minister Boris Johnson said HS2 would "fire up economic growth and help to rebalance opportunity".

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