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  • well.

  • This plan for the self employed is probably a bit more generous than some people have Bean expecting.

  • The total cost is thought to be about nine billion over three months.

  • How many months, of course it has to roll out over is a moot point.

  • Nobody really knows the answer to that.

  • Now we know what the government is planning to do for people affected by the crisis.

  • I think you can see who's worst off, and it's the people who actually lost their jobs.

  • Those people are in the long online queue for universal credit and those people who have lost hours.

  • The other stuff that happened today is you've been saying We saw the police deploying powers on the streets, stopping people checkpoints effectively to ask people why they were going about their business and should they actually be indoors.

  • And we saw an attempt.

  • How much of one is a moot point again at international cooperation, the teleconference of the G 20 they resolved to do whatever it takes, but it is far from clear that they have actually come to any hard commitments a far cry from 2008 when the G 20 played a big role.

  • One other point on international cooperation, Britain was asked a while ago if it would like to join the U countries in trying to procure ventilators and other important kit for hospital staff.

  • And Britain didn't join that.

  • There's been some puzzlement about that, some people suggesting it was because of ideology.

  • And today the government is saying No, it wasn't that it was just a female went straight, which is old because the you announced this scheme in public, it could have had some very big impact on being able to buy stuff.

  • If you've got 28 countries, that's a very big purchaser knocking around the system.

  • It could have made the buying of things easier.

  • And we have more than 100 officials sitting in Brussels.

  • You just stare at the you watching what is what is going on.

  • They're so some puzzlement about that as we go through come towards the end off the third full day of the shutdown, many of Britain's five million self employed working the jobs most affected by the Cove in 19 shutdown.

  • But they've been waiting to hear how the government will support him in this crisis.

  • It's been very, very difficult.

  • We had Thio close the firm down because mainly because people don't want you inside their house.

  • I got no work initially on no work to go onto, which is even more frightening.

  • Many, like decorator Desmond CASS, desperately need cash, and today the government announced what it's going to try to do to keep these workers fed on their businesses viable.

  • Musicians and sound engineers, plumbers and electricians, taxi drivers and driving instructors, headdresses and child minders and many others through no fault of their own risk losing their livelihoods to you.

  • I say this.

  • You have not been forgotten.

  • We will not let you behind.

  • We all stand together.

  • Today I'm announcing a new self employed income support scheme.

  • The government will pay self employed people who have been adversely affected by the Corona virus a taxable grant worth 80% of their average monthly profits over the last three years, up to £2500 a month.

  • This scheme will be open to people across the UK for at least three months, and I will extend it for longer if necessary.

  • The chancellor said the scheme might not be up and running until June.

  • Until then, the self employed might have to join the massive online que universal credit.

  • The chancellor's signaled in return for this support from the state, self employed might one day lose their lower rate of national insurance.

  • But I must be honest and point out that in devising this scheme in response to many cause for support, it is now much harder to justify the inconsistent contributions between people of different employment.

  • Status is this is a very generous package for the self employed.

  • In many respects, it's more generous than for employees because they can get up to 80% of £2500 a month, even if they continue Thio something this will cost a lot of money and we don't know how much, but maybe something like £10 billion on over the next three months.

  • I think it will not be so good for those members, maybe who haven't done a full year's self employed working and they haven't got a self a taxman farm sending to the tax man.

  • But I think most of the members will be quite pleased that this support is their father and I'm sure the threshold £2000 will actually be will cover the bulk of our members.

  • We are all in this together.

  • Thank you.

  • This completes for now the emergency economic plan.

  • The government paying wages across the economy, a world away from the levers reached for in the last global economic crisis of 2008.

  • This isn't a matter off stimulating the economy, which is languages.

  • It is being used on both sides.

  • It's to do with preserving almost the very society and the economy as we know it, which is slightly melodramatic way of putting it.

  • But I think it's closer to the truth.

  • Theo G.

  • 20 world leaders met by video link a midday committing themselves to a global effort and a united response against the virus.

  • Ministry of Defense revealed that President Putin's navy has chosen this moment of crisis to test British resilience.

  • In New English Channel on the North Sea, the Royal Navy sent nine vessels to monitor seven Russian ships sailing around British waters on lands.

  • The police were stopping cars in some counties to check on whether those out and about for breaching the ban on nonessential travel.

  • Not really what you should be doing is not essential journey.

  • As of today, police had towers to issue on the spot £60 fines or anything.

  • They're necessary.

  • As of today, the police have enforcement powers on those powers involved.

  • The ability to a level of fine on that fire will increase if people do not comply and you not pay that final time on, that'll be base under the fixed penalty notice on the regulations that are now coming into place today, billions were added today to the economic cost of the shutdown.

  • How much higher the bill goes will be decided by the course of the pandemic.

  • Few here had heard off only three months ago.

well.

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