February 14, 2021
MANY SELF-EMPLOYED HAVE STOPPED WORKING IN LOCKDOWN, REPORT FINDS
Around 700,000 self-employed Britons have stopped working altogether during the current lockdown, research suggests.
The figure, almost one in seven of the total - is a 50% increase from the first lockdown in May, according to the Resolution Foundation.
The think tank said the coronavirus crisis has caused a huge hit to the living standards of self-employed workers.
More than two out of five self-employed workers have experienced a fall in earnings of at least 25% during the current lockdown, the study indicates.
Government support is failing to reach a significant number of self-employed workers affected by the crisis, said the Resolution Foundation.
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