Adjusted from 26 March 2020: MILLIONS of small businesses will get extra support from the government after Rishi Sunak announced he is extending the self-employed grant scheme.

The Chancellor confirmed the financial lifeline as part of his wider Winter Economy Plan to help prop up the economy.

The new self-employed grant will cover 20% of average monthly profits, up to a total of £1,875, spanning November to January next year.

An additional second grant will also be available for self-employed workers to cover February 2021 to the end of April.

The government hasn't said how much this second grant will cover.

Businesses will be eligible for the new help if they previously qualified for the self-employment income support scheme (SEISS) and if they're actively trading, even if they're facing reduced demand.