Chancellor announces £22 billion package of aid for businesses affected by new covid restrictions.

Rishi Sunak promised grants of up to £2,100 a month for ‘Tier 2’ companies that are not forced to close but are struggling to be commercially viable.

As many as 150,000 businesses could qualify for the payments, which could cost the Treasury £1.2billion. 

The new Job Support Scheme replaces the furlough and will be extended to firms that are legally allowed to open.

It will be more generous allowing employers to pay just 5 per cent of staff wages, while the minimum threshold for hours worked will be reduced to one day.

If an estimated two million people enrol, it could cost the Treasury £6billion. 

Mr Sunak also increased grants for self-employed workers to 40 per cent of the average profits, up to a maximum of £3,750 a month, which could cost about £3billion.

Government borrowing was revealed to be running at £1billion a day during the pandemic. 

More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com

 
New Job Support Scheme
Welsh Government lockdown
UK state pension age rises to 66 
Emergency help for energy bills - Ofgem
How a crash will affect your pension plan
House prices rise will reach all time high
How to avoid bankruptcy in business
Is this the end of office work as we know it?
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

Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki

Chancellor announces &pound;22 billion package of aid for businesses affected by new covid restrictions.
Rishi Sunak promised grants of up to &pound;2,100 a month for &lsquo;Tier 2&rsquo; companies that are not forced to close but are struggling to be commercially viable.
As many as 150,000 businesses could qualify for the payments, which could cost the Treasury &pound;1.2billion.&nbsp;
The new Job Support Scheme replaces the furlough and will be extended to firms that are legally allowed to open.
It will be more generous allowing employers to pay just 5 per cent of staff wages, while the minimum threshold for hours worked will be reduced to one day.
If an estimated two million people enrol, it could cost the Treasury &pound;6billion.&nbsp;
Mr Sunak also increased grants for self-employed workers to 40 per cent of the average profits, up to a maximum of &pound;3,750 a month, which could cost about &pound;3billion.
Government borrowing was revealed to be running at &pound;1billion a day during the pandemic.&nbsp;
More articles and money news available at <a href="http://www.moneytipsdaily.com">Money Tips Podcast</a> - <a href="http://www.moneytipsdaily.com">www.moneytipsdaily.com</a>
&nbsp;
<ul>
<li>New Job Support Scheme</li>
</ul>
<ul>
<li>Welsh Government lockdown</li>
</ul>
<ul>
<li>UK state pension age rises to 66&nbsp;</li>
</ul>
<ul>
<li>Emergency help for energy bills - Ofgem</li>
</ul>
<ul>
<li>How a crash will affect your pension plan</li>
</ul>
<ul>
<li>House prices rise will reach all time high</li>
</ul>
<ul>
<li>How to avoid bankruptcy in business</li>
</ul>
<ul>
<li>Is this the end of office work as we know it?</li>
</ul>
<ul>
<li>Why live in expensive town centres anymore?</li>
</ul>
<ul>
<li>Thousands trapped in unsellable leasehold flats</li>
</ul>
<ul>
<li>Government <a href="http://www.moneytipsdaily.com/u-turn-on-tenant-eviction-ban-as-government-extends-by-four-weeks/">extends ban on landlords evicting tenants</a>&nbsp;</li>
</ul>
<ul>
<li>Self-employed, <a href="http://www.moneytipsdaily.com/self-employed-have-you-claimed-a-grant-through-the-self-employment-income-support-scheme/">have you claimed your government grant</a>?</li>
</ul>
<ul>
<li>Why UK <a href="http://www.moneytipsdaily.com/uk-property-prices-rise-after-stamp-duty-cut-say-rightmove/">Property prices rising after stamp duty cut</a>, despite the downturn?</li>
</ul>
<ul>
<li>New planning rules will open up more opportunities to <a href="mailto:charles@charleskelly.net">make money in property</a></li>
</ul>
<ul>
<li>You can create a second income during the lockdown&hellip;and come out stronger</li>
</ul>
<ul>
<li>Learn how to <a href="mailto:charles@charleskelly.net">make money from property</a> without deposits, mortgages or cash</li>
</ul>
&nbsp;
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&rsquo;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.&nbsp;
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?&nbsp;
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, <a href="http://bit.ly/2MoneyBook">Yes, money can buy happiness</a>, I cover the 3 R&rsquo;s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon <a href="http://bit.ly/2MoneyBook">http://bit.ly/2MoneyBook</a>.
If you&rsquo;d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at <a href="about:blank">Charles@CharlesKelly.net</a> or send me a message through Facebook or my Money Tips Daily community. See more articles at <a href="http://www.moneytipsdaily.com">www.moneytipsdaily.com</a>
Heal your money wounds the Japanese way with Ken Honda Japan&rsquo;s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. <a href="https://mval.li/?a=9108&amp;c=2930&amp;p=r&amp;s1=">Click to join his free masterclass</a> &ndash; Click: <a href="https://bit.ly/2GqyYki">https://bit.ly/2GqyYki</a>

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.&nbsp; Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.&nbsp; Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. &nbsp; For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips Podcast

Welcome to Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. 

Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. 

Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.  

For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

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