Self-employed people who chancellor Rishi Sunak’s bailout will NOT help

Rishi Sunak finally unveiled a multi-billion-pound coronavirus bailout for millions of stricken self-employed workers tonight – but left hundreds of thousands just above a ‘cliff edge’ cut-off wondering how they will make ends meet.  Ken Price, 50, who works as a roofer across London and the southeast, said he was concerned people were being made … Read more

Rishi Sunak FINALLY unveils £3bn per MONTH bailout for Britain’s self-employed

Rishi Sunak finally unveiled a multi-billion-pound coronavirus bailout for millions of stricken self-employed workers tonight – but left hundreds of thousands just above a ‘cliff edge’ cut-off wondering how they will make ends meet. The Chancellor unveiled a scheme handing out cash grants worth up to £2,500 a month, in a massive boost for taxi drivers, musicians, … Read more

Fury at banks for charging over 12% interest rate on loans to help firms during coronavirus crisis 

Barclays was last night accused of charging struggling firms up to 12 per cent interest on Government-backed crisis loans. Major banks have also come under fire for telling company directors their personal assets will be seized if their businesses fail. The Coronavirus Business Interruption Loan Scheme was launched by 40 lenders on Monday as part … Read more

Fury at banks for charging over 12% interest rate on loans to help firms during coronavirus crisis 

Barclays was last night accused of charging struggling firms up to 12 per cent interest on Government-backed crisis loans. Major banks have also come under fire for telling company directors their personal assets will be seized if their businesses fail. The Coronavirus Business Interruption Loan Scheme was launched by 40 lenders on Monday as part … Read more

Coronavirus UK: Stephen Glover fears young will pay heavy price

Both Boris Johnson and the Chancellor Rishi Sunak have said they will spend ‘whatever it takes’ to beat coronavirus. Neither of them has the faintest idea what the final cost will be. By offering vast loans of hundreds of billions of pounds to companies (some of which may never be paid back), and by paying … Read more

Coronavirus UK: Stephen Glover fears young will pay heavy price

Both Boris Johnson and the Chancellor Rishi Sunak have said they will spend ‘whatever it takes’ to beat coronavirus. Neither of them has the faintest idea what the final cost will be. By offering vast loans of hundreds of billions of pounds to companies (some of which may never be paid back), and by paying … Read more

Coronavirus UK: Bailout for self-employed workers isn’t ready

Boris Johnson was berated over the failure to bail out self-employed workers today as the benefits system struggles to cope with the coronavirus fallout.   The PM insisted government is working ‘as fast as possible’ despite warnings that millions have lost their incomes due to the ‘social distancing’ lockdown.  There are signs that Chancellor Rishi Sunak … Read more

Boris Johnson ‘will give self-employed workers 80 per cent of their income’

Boris Johnson is facing fury today over his apparent failure to support self-employed workers during the coronavirus crisis amid claims he will soon offer them 80 per cent of their incomes to stop them falling into poverty.  The Prime Minister held a Cabinet meeting in Number 10 this morning, just hours after he put the UK … Read more

Boris Johnson ‘will give self-employed workers 80 per cent of their income’

Boris Johnson is facing fury today over his apparent failure to support self-employed workers during the coronavirus crisis amid claims he will soon offer them 80 per cent of their incomes to stop them falling into poverty.  The Prime Minister met with his Cabinet in Number 10 this morning, just hours after he put the UK … Read more