PREMIUM
The Federation of Small Businesses wants the next Scottish Government to pilot bread funds, a collective insurance scheme where the self-employed help each other in hard times A HOLLAND-derived scheme where the self-employed support each other financially through ill health, injury or loss of earnings, should be piloted by the next Scottish Government to address shortcomings in support. The Federation of Small Businesses (FSA) in Scotland has suggested a collective insurance scheme could help restore confidence in a sector that had been “knocked for six” by the pandemic. A major study, commissioned by the FSA and involving 700 small business owners found that three fifths (420) felt the Covid crisis had made self-employment less attractive as a career option because of the financial risks and lack of security.