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Coronavirus | Millions of workers face bankruptcy as Gov measures fall short

Millions of workers face bankruptcy as Gov measures fall short

Whilst many of the radical Government measures installed within the past week, such as Chancellor Rishi Sunak’s pledge to aide staff put on furlough by providing a salary blanket of up to 80% of wages totalling £2500 per month, have been well received by the UK’s professionals and businesses alike, there are still several demographics who feel that current measures don’t adequately fulfil their immediate needs to ensure financial security through the coronavirus outbreak.

The vast majority of this demographic is comprised of freelancers; unlike employees on company payroll, freelance professionals are not currently entitled to receive redundancy money or any of the proposed 80% wage protection currently being offered by the Government.

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