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Rishi’s emergency rescue plan to extend financial help for businesses has kept some firms happy while others accused the Chancellor of ‘robbing Peter to pay Paul’. Rishi Sunak shared his ‘Winter Economic Plan’ today, which provided an update on the new programme due to replace the furlough scheme among other policies designed to protect jobs … Read more
A self-employed hairdresser has won the right to claim for notice, holiday and redundancy pay in, what her lawyers say, is a ‘landmark’ case for thousands of beauty industry workers. Meghan Gorman, 26, has won an Employment Tribunal judgement in Manchester arguing that, although her contract was as a self-employed hairdresser, the level of control … Read more
Millions of self-employed workers have been left devastated as they watched Chancellor Rishi Sunak deliver his Summer Statement with bated breath, only to hear nothing about receiving any Covid-19 financial support. An estimated 3million of the UK’s workforce have been left in the cold by exclusions in the support package for the self-employed, say campaigners, … Read more
Millions of self-employed workers have been left devastated as they watched Chancellor Rishi Sunak deliver his Summer Statement with bated breath, only to hear nothing about receiving any Covid-19 financial support. An estimated 3million of the UK’s workforce have been left in the cold by exclusions in the support package for the self-employed, say campaigners, … Read more
Approximately 230,000 of Britain’s self-employed continue to be excluded from any Government support because they have had trading profits of £50,000 or more in the last three years. Campaigners are calling on the Chancellor to step in and remove their exclusion from the self employment income support scheme, when he makes a summer statement to … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
Self-employed borrowers frozen out by banks since lockdown get some hope as small building society offers a new ‘bounce back’ mortgage Self-employed will have been hard pressed to find a mortgage so far this year Banks have limited who they lend to as worries over the economy loom New deal could help by letting those … Read more
Why help everyone but leave out the self-employed who’ve paid lots of tax? SIMON LAMBERT on the hole in Rishi Sunak’s coronavirus rescue By Simon Lambert for Thisismoney.co.uk Published: 08:21 BST, 2 July 2020 | Updated: 08:21 BST, 2 July 2020 Rishi Sunak proved dauntless in his coronavirus rescue package but for the self-employed there … Read more
The number of jobs being bailed out by the government has hit a new high of 8.4million – plus 2.3million self-employed. New figures showed another 400,000 have been furloughed over the past week, with a million employers now putting in for a total of £15billion since the scheme began in March. Meanwhile, claims under the … Read more
More than two-million self-employed have claimed £6billion in coronavirus grants in just FIVE DAYS, says Chancellor Rishi Sunak Government’s self-employed bailout opened to applications just five days ago More than two million have claimed total of £6billion in grants, Rishi Sunak says Huge sums will raise fresh concerns about government’s coronavirus liabilities Here’s how to … Read more