The Chancellor has just announced that in addition to extending the furlough scheme, he has increased help for the self-employed and to the devolved administrations. This is from the BBC website –
Mr Sunak also announced billions of pounds of other support for the economy, including more money for self-employed people.
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.
At the same time, the chancellor raised guaranteed funding for the UK’s devolved administrations by £2bn to £16bn.
Read the full article here.
Martin Lewis’s MoneySavingExpert website already has details. Here’s the link.
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