Money Box

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Factual: Money

The latest news from the world of personal finance

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

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Money Box: Self-employed grant extended

30/05/2020

Self-employed grant extended

BBC Radio 4 - Money Box, Self-employed grant extended

SEISS, credit card gambling ban loophole and student maintenance loans.

Self-employment income support scheme, credit card gambling ban loophole and student maintenance loans.

Over 2 million people have received a grant from the government’s self-employment income support scheme. This week Chancellor Rishi Sunak announced that it will be extended to pay out another lump sum worth 70% of average monthly trading profits, capped at £6,570. Guest: Andy Chamberlain, Director of Policy for the Association of Independent Professionals and the Self-Employed.

It's been more than a month since a ban on using credit cards as a source of funds for gambling came into force. Reporter Dan Whitworth unearths a major loophole in those rules. Guest: Carolyn Harris MP and Chair of the all-party parliamentary group on gambling related harm.

University students applying for maintenance loans who have experienced household loss of income of 15 percent or more, due to coronavirus, could be eligible for a higher amount. Guest: Tom Allingham from Save the Student

Presenter Paul Lewis
Reporter Dan Whitworth
Producer Charmaine Cozier
Editor Richard Vadon

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