SELF EMPLOYED ESPECIALLY VULNERABLE

More than 300 self-employed people a day have stopped making their Social Security payments in the past five months, according to ATA, the national federation that represents them. An ATA spokesman said self-employed people were particularly hard hit by the current economic crisis because of a drop in sales and an increase in losses. Added to that, they cannot obtain loans to keep their businesses afloat from banks which are loathe to lend money in the current economic crisis. The spokesman said “worse was to come”.

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