This week, the UK government unveiled unprecedented measures aimed at supporting self-employed workers grappling with the economic fallout of the COVID-19 crisis.
The newly announced aid package allows eligible self-employed individuals to claim up to 80 percent of their usual income for a period of three months. However, the support is capped at just over $3,000 per month, setting a financial limit that has sparked concerns among freelancers and entrepreneurs alike.
With approximately five million self-employed workers in the country, many are questioning whether this assistance will bridge the gap until June, when the support concludes. The uncertainty looms large as self-employed professionals navigate a precarious financial landscape.
Sol Boakye-Duah, a self-employed personal trainer, expressed his apprehension about the future: \"What will they do now? They need money now. Three months is a long time if you've got nothing or limited income.\" His sentiments echo the fears of many who rely on consistent income to sustain their businesses and livelihoods.
As the UK continues to battle the pandemic, the effectiveness of this aid package remains a topic of intense discussion among young global citizens, business enthusiasts, and thought leaders who are keenly watching its impact on the diverse landscape of self-employment.
Reference(s):
Will the UK government's aid package protect the self-employed?
cgtn.com
