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Enterprise

Dorridge Music School head warns of 'dire straits' as coronavirus hits the self-employed

Leigh Perry says she is concerned over the future of the school while others are reinventing their offer in the face of covid-19 lockdown

Leigh Perry, founder and owner of Dorridge Music School, has issued a stark warning about the self-employed amid the coronavirus crisis

As the economic effects of coronavirus continue to take a grip over the country, big businesses have dominated the headlines.

From coffee shop and restaurant chains closing their doors to airlines grounding flights, the impact of the spread of this disease is touching all corners of the nation and the world.

Garnering less headlines have been those microbusinesses struggling under this new-found financial pressure, the one-man bands, sole traders and self-employed.

Many claimed they were being "forgotten" by the Government after it delayed announcing a package of support measures for days despite revealing what it planned to do to support companies and their staff.

Chancellor Rishi Sunak eventually said the Government would pay the self-employed a taxable grant worth 80 per cent of their average monthly profits over the last three years up to £2,500 per month.

But the money will be paid in a lump sum from June at the earliest although the Government has said it is trying to make the help available sooner.

So where has it left those self-employed and microbusinesses facing such an uncertain future?