Martin Lewis, founder of MoneySavingExpert, warned MP'S of the 'catastrophic' circumstances of not providing short term coronavirus financial support, cautioning that it would be "short-sighted" of the Government not to help those who had previously been able to support themselves.
Although Martin Lewis praised the overall "remarkable achievement" of the rapidly-designed schemes, he pointed out that giving short-term help to those excluded from support, which includes the three million people excluded from the CJRS and the SEISS (Self-Employment Income Support Scheme), would prevent them from sliding into long-term financial difficulty. He also argued that not to do so would be more costly in the long run.
Watch Martin's summary to the Treasury Committee (on 9 December 2020) and READ MORE:
ExcludedUK is a non profit grassroots NGO founded to provide a platform for those denied fair and adequate financial support from the Governments COVID-19 Support schemes since the pandemic began in March. With a community of over 60,000 members across all industries, age groups and regions, we estimate that three million UK tax payers have been excluded from the same support as others, which has lead to thousands of people losing their livelihoods, careers, and homes, and sadly, for some, their lives.
ExcludedUK has been fundraising to provide urgent help and support for those affected in the forms of business and career advice, debt support and 121 counselling sessions within 48 hours. Please find more information on our website www.excludeduk.org.