ExcludedUK Newsroom

ExcludedUK welcomes the Treasury Committee’s report on the first part of its inquiry into the economic impacts of coronavirus, which recognises the many gaps in the financial support measures implemented by the Treasury and the financial hardship being faced by those who fall into these groups: new starters, self-employed above trading profits threshold, limited company directors, freelancers and short-term contractors, newly self-employed and those with PAYE Tronc payments.

 

As we approach three months since the Government’s Covid-19 financial support packages were brought into effect and at a time when the Chancellor is now focusing on the challenges ahead in bringing about economic recovery, the Treasury Committee’s report is a stark reminder of the many failings in these measures and the resulting devastating impact on many individuals and businesses.

 

The report identifies that over 1 million people have fallen through gaps. Based on its analysis of statistics available from the Office for National Statistics Business Population Estimates, the Department of Business, Energy and Industrial Strategy and HMRC, ExcludedUK has estimated this figure to be closer to 3 million which equates to 10% of the UK workforce. This figure of 3 million was also quoted by Martin Lewis (Founder, Money Saving Expert) as referred to by Andrew Marr in a BBC interview with the Chancellor on 14 June.

 

ExcludedUK calls on the Treasury, in consultation with the various groups and campaigns representing the different categories of those who have been excluded, using the Treasury Committee’s report as a starting point, to implement further measures to fill these gaps for the many UK taxpayers who have received no meaningful government Covid-19 support. As the Treasury Committee has stated, “hundreds of thousands of individuals are suffering financial hardship through no fault of their own”.

 

ExcludedUK reiterates its appreciation to the Treasury Committee and its members from across the political spectrum for bringing this urgent and pressing issue to the fore and we call on the Treasury to act now with so many livelihoods and businesses at stake.

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ExcludedUK is a newly formed non-profit NGO and serves as a collective platform for those entirely or largely excluded from the UK Government's Covid-19 financial support measures. We are a rapidly growing organisation and an inclusive community, representing a broad spectrum of individuals and businesses, but all sharing one common thread: we are excluded.As an organisation we will play a crucial role in facilitating support and assistance on multiple levels, both for now and into the future.Our aim is to build a stronger platform, raise awareness, lobby for support, raise funds for legal challenges and help enable the changes that are needed for those excluded.Most importantly, our hope is that our efforts can help propel affected individuals and businesses forward in the face of adversity resulting from Covid-19 and being excluded from Government support, while equally ensuring we are all able to help each other emerge from this crisis.

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Press Enquiries:

Rachel Flower
rachel@serenwood.co.uk
Tel: 07918039399

Sonali Joshi, Co-Founder
sonali_joshi@mailworks.org
Tel: 07876 796735

 

Tags: Excluded News

Excluded Newsroom

Written by Excluded Newsroom

Excluded UK is a new organisation launched to help those individuals and businesses who have found themselves excluded from the UK Government's Covid-19 financial support schemes.