Mustafa Fuat is the founder of Gosha London Ltd. It produces samples and garments for luxury women's wear designers.
Orders have completely dried up, and although they have been making hospital scrubs and gowns for the NHS, Mustafa has had to furlough most of his seven staff."We've had no help from the government, apart from a £10,000 grant from the council, but that's not going to go far with my rent. Apart from that, I've got personal finances at home, I've got a mortgage at home, I've got a family to keep as well - it's been really desperate.
It's reported that 39% of limited company directors who work as a one-person band think they won't have enough money to cover rent, bills and basic living costs, and 49% think they'll have to close their businesses.Around 7.5 million people in the UK are employed by limited companies. Many directors have put their employees on furlough and say the lack of support means those staff won't have jobs to come back to.
Government has done a lot for people and companies in this country compared to many other countries. I don’t think there’s a government that can save every single person, businesses and household. Tax payer will have to repay eventually. It’s not for free.
More American owned Gutter Press diatribe. Chancellor Rishi Sunak is doing an absolutely marvelous job. Imagine how well the Shadow Chancellor could have coped. Trust in her, who was fined for cheating while at University?
I’m a limited company. I’ve had nothing. But majority of country has. They done their best I think. What was they supposed to do? Fucking slippery media again!! Who you interviewing?
After seeing stories like this it makes you wonder if a universal basic income, at least temporarily for the pandemic might’ve been easier. No one falls through the cracks.