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Covid sees self-employed women lose twice as much income than men

Self-employed women lost nearly double the income compared to men, because of Covid Research by SME insurance provider, Superscript, has revealed that self-employed women lost 20 per cent of their income over the course of the pandemic, while men only…

Surge in contractor hiring activity highest in 23 years 

Upturn in temporary billings among highest on record, new report reveals The latest Report on Jobs by KPMG and the Recruitment and Employment Confederation (REC) showed a surge in recruitment activity in June, with the upturn in contractor and temporary…

Fifth SEISS grant slammed as ‘completely unfair’

The fifth Self-Employment Income Support (SEISS) grant is “unfair” and will leave workers out of cash, says MoneySavingExpert Martin Lewis has highlighted that the fifth round of SEISS grants is set to cover eligible claimants for five months – from…

Self-employed to see Universal Credit payments cut

Self-employed people claiming Universal Credit to see payments slashed from next month From August, the government is set to reintroduce the Minimum Income Floor (MIF) for self-employed workers claiming benefits - a move that would reduce these workers' Universal Credit…

Freedom Day delay deals ‘financially scarred’ freelancers ‘major blow’

Pandemic has 'seriously and structurally undermined' freelance sector, with delay to Freedom Day adding to freelancers' woes A study by self-employment trade body, IPSE, has found that two in five (40%) freelancers are not financially prepared for the future. Another…

‘Clear’ signs of self-employed recovery but more support needed

ONS data shows that self-employed recovery is stabilising, but experts urge for sector specific support The latest labour market data from the Office for National Statistics (ONS) showed that the total number of self-employed people in the UK had risen…

First rise in freelancers since pandemic “cause for cautious optimism”

Official figures show an increase in the number of UK freelancers – the first since the beginning of the pandemic. The latest labour market data from the Office for National Statistics (ONS) revealed the first month-on-month increase in the number…

Quarter of freelance businesses back to pre-pandemic levels

Gradual reopening of the economy sees thousands of freelance businesses return to pre-pandemic levels Nearly a quarter (24%) of independent workers have said their freelance business has returned to pre-pandemic levels, according to research by self-employment trade body, IPSE. The…

Freelance earnings and confidence make ‘remarkable recovery’

Freelance earnings and confidence in economy bounce back to pre-pandemic levels Research by self-employment trade body, IPSE, in conjunction with freelance job platform, PeoplePerHour, has found in the first quarter of 2021, freelance earnings made a “remarkable recovery”. The study…

Self-employed women missing out on Government support

Thousands of self-employed women are missing out on Covid grants, new research finds Less than two-thirds (60%) of women eligible for the Self-Employment Income Support Scheme (SEISS) claimed the grant by the end of January 2021, according to analysis by…

Recovering business confidence sees temp billings surge

The easing of lockdown has boosted business confidence, which sees temp billings rise sharply Figures from the Recruitment and Employment Confederation (REC) and KPMG’s latest Report on Jobs show there was a sharp increase in the number of temp billings…

Self-employed facing £4bn pension ‘crisis’

The self-employed could face a retirement 'crisis', as they miss out on £4 billion in pension contributions Millions of self-employed people could run into severe financial difficulty when they retire given 4 in 5 are not saving into pensions at…

Excluded self-employed ‘plunged into debt and poverty’

Treasury warned self-employed face financial hardship after falling through the cracks in government support Campaign group ExcludedUK, which was formed in the wake of the pandemic after an estimated three million self-employed people were excluded from emergency support, has written…

Pandemic to cost small businesses over £12.6 billion

The Coronavirus pandemic is set to cost UK small businesses more than £12.6 billion, double last year’s forecasts A report by insurance provider, Simply Business, has revealed that small businesses have lost £15,673 so far on average throughout COVID-19, but…

New Small Business Commissioner announced

Former BBC journalist and broadcaster, Liz Barclay, has been appointed as the new Small Business Commissioner Liz Barclay will be the first female to take up the Small Business Commissioner post, which was created in 2016 to help small businesses…

More women considering freelancing despite widening gender pay gap

Self-employed men earn 43 per cent more than women, but more females are considering going freelance  The Coronavirus pandemic has disproportionately affected women in work, with research showing that it has dramatically impacted the gender pay gap. Despite this worrying…