As most of the UK goes into the second lockdown this year, Chancellor Rishi Sunak has changed direction by extending the furlough scheme until the end of March and promising more generous help for self-employed people.
Barely a week ago the Chancellor announced £22 billion
package of aid for businesses affected by Covid restrictions, but infection
rates have continued to climb forcing the government to adopt a new approach.
Support through the Self-Employment Income Support Scheme
(SEISS) will be increased, with the third grant covering November to January
calculated at 80% of average trading profits, up to a maximum of £7,500.
However, millions of small business owners are slipping
through the net and will not qualify for any help.
Stock markets went up and house prices have hit new highs following
the bad news during the worst economic crisis since the second world war!
More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com
·
Job Furlough Scheme extended
·
UK state pension age rises to 66
·
How a crash will affect your pension plan
·
House
prices rise will reach all time high
·
Why
live in expensive town centres anymore?
·
Thousands
trapped in unsellable leasehold flats
·
Government extends
ban on landlords evicting tenants
·
Self-employed, have
you claimed your government grant?
·
Why UK Property
prices rising after stamp duty cut, despite the downturn?
·
New planning rules will open up more
opportunities to make money in
property
·
You can create a second income during the
lockdown…and come out stronger
·
Learn how to make money from property
without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus
lockdown, as businesses disappear and the job furlough scheme eventually comes
to an end. However, life doesn’t have to end because of lockdown! You can join
thousands of ordinary people who have increased their income and added
streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased,
the economic model has subtly changed forever. How will you adapt to this new
way of working and running a business, what obstacles and opportunities lies
ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Wealth Mentor, Property Investor, Author
of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical
steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3
R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it
out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on wealth mentoring and
coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net
or send me a message through Facebook or my Money Tips Daily community. See
more articles at www.moneytipsdaily.com
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