Anyone else terrified about not being able to work due to CV?

[JuanSheetIsPlenty]

Whether that’s due to school being closed, or clients cancelling, or me catching CV. I’m self employed. No work means no income at all. I’m just about meeting my bills now. If I don’t work I’m screwed. I rent privately. I don’t get any housing benefit. I’m getting really worried now.

@DonnaDarko - Unfortunately, parents do what parents want at the end of the day, contract or no contract. Especially when they act as a group.

I don’t know which way to turn to be honest. The staff will go nuts (who could blame them?), but the money simply will not be there to pay them. Nor will we be able to pay rent or bills.

It’s a nightmare.

By the way, every insurance company has said the same thing, so the childcare industry in the UK will collapse. As will, I assume, private schools.

As will, I assume, private schools

Private schools are paid for in advance and you need to continue paying to keep your child's place. How that will work if no is earning anything I don't know.

Big worry for me. I'm a single parent and my income is the only money coming in. I have no one to do childcare at such short notice and I can't work from home. If I can't pay my rent then we will lose the roof over our heads.

Same situation here wax. Its a really scary prospect.

@EYProvider SARS was deemed legally to be a force majeur so the assumption is that this will be too shortly, which may well change the insurance position, they would then have to pay wouldn’t they?

My employer won’t allow home working, even though it’s possible, and even though I have to commute daily on public transport in London while undergoing cancer treatment. I can only assume they’d rather I was killed off!

daisy I’ve been on the emmerdale thread with you, hoping you stay well.

You can take out income protection insurance that will pay out from day 1 if you were signed off up to say, 2 years and would also pay out if your kids were in hospital

@Toomanyapplesinthefruitbowl - Even if the illness is declared notifiable (which I think it now is), the insurance companies are not paying out.

It’s an insurance industry decision apparently, and I imagine it applies to all businesses. My insurance provider told me that the industry has the discretion not to pay out if doing so would lead to financial collapse, so the industry has taken that option.

@Lightofthephoenix - I’m sure a few parents will keep on paying for a short while, but the majority won’t so the schools will collapse in any case. None of these businesses are cash rich, believe me.

DH is trying to get as many of his clients to settle their bills now incase there are major problems in the U.K. He’s self employed and I’m not working at the moment so we need to build our buffer back up (it’s currently depleted due to a couple of bingo paying clients).

*big non-

@Lightofthephoenix private schools are very patient with late payment and most have hardship funds to provide one off discounts or ongoingbursaries to family when their income level unexpectedly drops.

No I'm not worried, two weeks paid leave at home would be ok with me. However I realise that for millions of others it would be a financial and logistical nightmare.

Juan I'm a cleaner too. I'm not overly worried....yet. it is on my mind though.

Only one client has spoken with me about Coronavirus. I said that as neither of us has symptoms (its a two way street ) and given that I was cleaning while there. We should both be ok. Then I overdid it with the polish and sneezed. He nearly fainted . I think he's a bit of a worrier.

Yeah, we're very worried as DH is SE in an industry that's likely to be hard hit. We canned a prospective house move to be honest, as we'd have had to put all our savings into it. Gutting

I'm self employed too and initially thought I was in an ideal position as I work from home anyway... But of course other parts of my clients' businesses could be affected, leading to less work and less pay for me as I only get paid for the work I do.

It's really not easy being self employed with no safety net the same way people in regular employment have.

So schools and nurseries are all going to collapse and we are all going to starve.

I honestly think we need to stand back and stop being so alarmist.

Tell you what worries me - I saw a breakdown of pandemics in the last 20 years or so. Some of them had a mortality rate of 80% but were mercifully hard to transmit. Some had a much lower mortality rate but transmitted easily (like Covid19).

At some point in the future, we face the risk of a virus with the combination of a high mortality rate and high transmission rate, at which point, yes, life would have to come to a standstill. Honestly, reading some threads in the last few days (and seeing the panic buying), I really do worry that we won’t be able to muster an effective and co-ordinated response without becoming completely hysterical.

@Daffodil101 - It’s really not hysteria.

If the government follow Italy and close all schools and nurseries for a period of one, two months, then none of the staff in those settings in the private sector will get paid. There won’t be any money to pay any staff as the majority of parents will not pay fees (one or two might) and no insurance provider will cover the losses.

This isn’t hysteria - it’s the reality we are facing and soon.

@Daffodil101 , you are missing the point. Spectacularly so. This thread is about people who would lose any income if they self isolate.
I raised this at work when someone who cleans our office is employed separately on zero hours. We have lots of pompous posturing about how we can work from home or other ways we can manage hygiene issues in the office. Which doesn't apply to the people who actually clean our office.
It's shit.

I think it's a very sensible point EY and one I hope the government is considering. I don't think anyone has suggested everyone will starve - love the way posters exaggerate massively then accuse others of hysteria but reality is some families don't have enough to eat now. Not the middle class ones DM readers care about but some have starved to death and pets starved to death in Wuhan. Hopefully provisions would be put in place here but with some of the current government advice I'm not assuming anything. We had a message from school on Friday saying even if kids had coronavirus school is staying open, great when the school is in a village where average age is 70+.

We're really lucky that we both work in the public sector/local authority so I'm fairly confident that we'll get paid special leave/sick pay if we were unwell or self-isolating.

I have lots of friends who are on casual contracts or self employed who'll really suffer if they can't work.

I'm really worried about the logistics of not being able to go to work as actually my job is one that can't just be left for weeks, it would be disastrous and just cannot happen. The pressure on those still working will be horrendous and won't be sustainable.

@Reginabambina - I don't think private schools are that sympathetic with late payers at all.