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Northern Ireland High Street Voucher Scheme making good progress as retail prepares to reopen
It is hoped the High Street Stimulus Scheme and the Tourism Voucher Scheme will help bolster struggling towns and city centres and support the tourism sector
Stock Image (Image: Justin Kernoghan/Belfast Live)
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Economy Minister: I remain committed to the North West derryjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from derryjournal.com Daily Mail and Mail on Sunday newspapers.
The Minister said, “The Job Retention Scheme has seen significant take-up in Northern Ireland, with in excess of 100,000 people furloughed.
“I have been clear that, rather than ending on 31 March, the scheme would be required for some months to come, and I called on the UK Government to extend it.
“I therefore welcome the Chancellor’s announcement that the scheme will continue until the end of September.
“The tourism and hospitality sector in Northern Ireland has been and continues to be, acutely impacted by the pandemic.
“The extension for these businesses of the 5% reduced rate of VAT to the end of September is also a welcome step.”
The Minister was speaking as she launched the Economic Recovery Action Plan which sets out a road map to rebuilding the economy from the impact of the pandemic.
The Minister said, “As we move slowly back to normality, we must put all our efforts into restarting, repairing and rebuilding our economy.
“We must encourage businesses to innovate and lead and we must support workers to prepare for new opportunities.
“My Economic Recovery Action Plan is the blueprint to rebuild a stronger economy in Northern Ireland.
“We will focus on where we have the greatest opportunity to drive innovation and develop the skills and capability of our workforce to secure better jobs.”