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
With people many losing their jobs or in furlough limbo due to the coronavirus pandemic, it’s tough to know what’s around the corner. For some, it may be an opportunity to go it alone in business, using expertise, experience and contacts garnered over the years. Job fears could even be the push they need to … 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
The past few months have been some of the most difficult in living memory for Britain’s small and medium-sized enterprises. They have seen their incomes disappear overnight and battled to get Government-backed grants and loans. They have had to furlough staff, move sales online and even launch entirely new ventures. Now that restrictions are starting … 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: 08:23 BST, 2 July 2020 Rishi Sunak proved dauntless in his coronavirus rescue package but for the self-employed there … Read more
A number of multinational corporations have pledged their support for small businesses that have taken a financial beating from the coronavirus. Tech giants Amazon and Facebook, among others, have launched major initiatives to help get SMEs back on their feet using a range of resources from funding to technology, to virtual events and more. This … Read more
From Saturday, it might be possible to enter your local and order a frosty pint once more after months of pubs being closed. While some have sold drinks in plastic cups to be consumed near-by, 4 July should see more establishments open up and punters on premises. However, it will be a different experience to … Read more
Monzo, which has become a current account favourite over the past five years, has launched a new business offering with integrated accounting and fee-free spending overseas. There are two products to choose from: Business Lite, which has no monthly fees, or Business Pro which is one of the cheapest business bank accounts currently available, at … Read more
Spreading the word about a new business is always hard to do. And when lockdown struck in March, that suddenly became an even greater hurdle for thousands of people who were trying to get a money-making idea off the ground. Without a large established customer base, Susan Leonard was one of those who found it … Read more
Pubs, restaurants and other indoor hospitality venues in England have finally been given the go-ahead to welcome customers back, but small business owners say they are disappointed with the handling of their livelihoods. After telling restaurants, pubs and cafes to shut their doors at short notice just before the Mother’s Day weekend, the Government has … Read more