Home Finance Support for the Self-Employed in the UK on the way

Support for the Self-Employed in the UK on the way

Support for the Self-Employed in the UK will be expected to be rolled out over the next week promised by the Chancellor Rishi Sunak following pressure from across the UK.

Rishi Sunak will make an announcement which the UK Government will pay money into people’s bank accounts to reimburse them for losses for the 2 million self employed workers effected by the coronavirus lockdown.

Edward Argar, health minister, told the BBC that the self-employed are “the bedrock of our society and we owe them our support”.

UK Government officials will look at assessing people’s income based on a mixture of their revenue and profit over the past three years.

The Announcement is expected today (26th March) at 5pm.

James Caldwell
Editor for the Business Bible. James took on the role in March 2019 and shares his vast experience of International Business and Trade. James was previously Director of an international events company in Manchester and still remains active in the events industry.
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