Concerns were subsequently raised by organisations including HM Revenue and Customs and the Institute for Fiscal Studies about the statement's impact, as well as its cost-effectiveness, while at least one major retailer declined to take advantage of a financial bonus scheme intended for rehiring employees placed on furlough during the pandemic.

[8] The Institute of Fiscal Studies (IFS) warned that taxes would have to rise to pay for the support measures put in place by the government.

[9] The IFS also suggested that raising the stamp duty threshold would adversely affect first-time buyers, who are largely exempt from paying it, while benefiting sellers who could take advantage of the situation with higher property prices.

[11] In a series of letters sent to the Chancellor before the statement was delivered, Jim Harra, the director of HM Revenue and Customs, questioned whether two of the schemes announced were value for money.

[8] In a BBC interview the day after delivering the statement, Sunak said that he would not be able to protect "every single job" and that the UK was entering a "severe recession".

[12] On 12 July, the High Street clothes retailer Primark became the first major company to say it would not take advantage of the jobs retention bonus, which would allow it to claim up to £30m from the government.