New statistics showing the huge Government support for self-employed workers in Eddisbury have been welcomed by local MP Edward Timpson.
2,500 self-employed people in Eddisbury have accessed £6,300,000 worth of Government grants through the Self-Employment Income Support Scheme’s second tranche. These grants do not need to be paid back and will help to cover lost earnings.
This is in addition to the support given to self-employed workers through the first grant – worth £10,300,000 in Eddisbury.
Self-employed people have had six months of income support during the coronavirus pandemic – one of the most generous schemes in the world.
- A first grant, covering up to 80 per cent of average monthly profits was made available for March-May.
- There has been a second grant covering up to 70 per cent of average monthly profits, available for June-August.
Throughout the coronavirus pandemic, the Conservative Government has provided a huge and unprecedented package of economic support to protect both lives and livelihoods – worth more than £160 billion.
Eddisbury MP, Edward Timpson CBE, said:
“I know this year has been hugely challenging for self-employed workers in Eddisbury, and these latest figures demonstrate the scale of support that the Conservative Government has put in place to support their livelihoods.
“Never before has the Conservatives’ agenda to level up the whole county been so important – giving our entrepreneurs the confidence they need as they look ahead to the future.”
- We launched the Self-Employed Income Support Scheme to ensure people who work for themselves are getting the support they need.
- During the first tranche, the Government paid self-employed people who have been adversely affected by coronavirus a grant worth 80 per cent of their average monthly profits over the last three years, up to £2,500 a month, for three months.
- A second grant was available covering June to August, available at 70 per cent of average monthly profits.