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Chancellor Rishi Sunak has given details of a new scheme to help self-employed people that are losing work due to the coronavirus outbreak.

The government has yet to announce any measures to help the UK's five million self-employed, many of whom have lost work during the coronavirus crisis.

Aimed at small businesses, the scheme will offer interest-free loans of up to £5 million for 12 months.

The government has stepped up measures to prevent the spread of coronavirus and has said that all "non-essential premises" must now close.

Chancellor Rishi Sunak has announced an unprecedented package of measures to protect millions of jobs and incomes during the coronavirus outbreak.

The chancellor, Rishi Sunak, has announced an “unprecedented” package of measures to support businesses and workers, including the Coronavirus job retention scheme.

Contractors and business groups have welcomed a delay to the roll-out of the IR35 off-payroll tax changes that were due to be implemented in April.

Chancellor of the exchequer Rishi Sunak has said he will make £330bn available in lending to keep UK firms in business as the coronavirus crisis deepens.

UK economic growth is expected to slow sharply in 2020 amid disruption caused by the impact of coronavirus, according to the latest economic forecast from the British Chambers of Commerce.

Legislation coming into effect from April 2020 will remove the current maternity rights of self-employed female worker, affecting tens of thousands of women in the UK.