The three million people facing financial crisis due to pandemic

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The three million people facing financial crisis due to pandemic

Workers who are almost out of money due to the pandemic and are dependent on handouts have asked the government for help.

Around three million people are confronted with a financial crisis because they do not have access to government aid.

Support measures such as the Job Retention Scheme and the Self-Employment Income Support Scheme, as well as benefits such as Universal Credit, have been introduced to help workers whose livelihoods are affected by restrictions.

However, support does not apply to some individuals including new hires, newcomers, freelancers, directors of limited liability companies who pay dividends, and the self-employed with annual earnings greater than £ 50,000.

Now tearful workers have asked ministers to help the millions of Britons who have “fallen through the cracks”.

They say they will have to survive the pandemic without government funding.

Six people excluded from government programs to help with loss of income spoke at an online event attended by the mayors of London, Liverpool and Manchester.

Ex-teacher Paul Milham, a hypnotherapist, told the Excluded UK lobby group that his company was “on fire” until the pandemic destroyed it within two days.

He is now “saved” by his parents.

He said, “I hate being here with my begging bowl, but we need help.

“It’s humiliating, it’s humiliating to be here in front of people with this story.”

Melody Schroeder who attended the NHS, the police and the armed forces of compassion and empathy, said her livelihood had disappeared within a few days after the lockout in March.

She burst into tears and said, “I’ve worked so hard, I’m just really heartbroken, I feel more than devastated.”

Lindsey Beagle, who ran a successful Buckinghamshire catering company, was forced to take employees off and run into debt of £ 70,000 as her business was about to collapse.

She said, “Your sanity … you are just starting to think really, really dark things. When you work so hard for everything, have people and put so much back, you feel really disappointed. “

The event heard that jobs, homes, businesses, marriages and life are “in the balance”.

In addition, a mental health pandemic is predicted for people struggling to survive for eight months with no money.

Zoe Attridge, 39, a freelance stage manager, said she had only received £ 612 since March to support herself, her husband and her 21-month-old son.

The family is now selling their home in London and moving elsewhere.

Judi Heppell, 60, a translator, said she was “scratched around” about work.

And although she borrowed money from her parents, who are in their eighties, she says she is “afraid” of going into debt for the first time in her life.

Mayors addressed at the event – Sadiq Khan, Steve Rotheram and Andy Burnham – call on Chancellor Rishi Sunak to help the “excluded” who are not eligible for financial support, which the National Audit Office estimates at 2.9 million workers .

You wrote an open letter to the Chancellor to fill the “loopholes” for those who are not eligible for financial aid.

Mr Burnham said the government was punishing “doers of life” who took risks and started their own businesses.

Mr. Khan added, “We can see the people behind the numbers.

“It is inexplicable why you were expelled. You are the creators of wealth, you have never asked for an expense, let alone a helping hand.

“And your dignity has been challenged in ways that are difficult to fathom.”

He said government support in Germany and France “far exceeds” that in the UK.

According to your moneyThose excluded from assistance include:

  • The newly independent and new companies
  • Self employed with profits over £ 50,000
  • Employees who are less than 50 percent self-employed
  • New parents on parental leave
  • Employees with short-term freelance PAYE contracts
  • Startups with low investments
  • Holders of Limited Liability Directors

Following criticism in the House of Commons of the lack of help for the self-employed, Boris Johnson said: “This pandemic has undoubtedly hit the people of this country hard, and there are undoubtedly people who have suffered and who have made a living during the pandemic.

“But we went out of our way to help and 2.6 million of them have received support, over £ 13 billion.

“We have also increased the universal credit, which will last until next year.”

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