Pandemic hits self-employed numbers and earnings


Pandemic hits self-employed numbers and earnings

The Telegraph’s Jon Yeomans looks at the impact the coronavirus crisis has had on Britain's self-employed workers, noting that while the number of freelancers peaked at 5m in March, the pandemic has seen the total fall 9% to 4.56m in October. Figures from IPSE, the professional body for self-employed workers, show earnings for self-employed workers fell 25% in Q2, with the nationwide lockdown hitting incomes. While HMRC analysis says 2m freelancers had utilised Government support to the tune of £5.1bn by August 31, campaign group Excluded UK calculates that 1.6m self-employed people have missed out as they did not meet the eligibility criteria.


Read more: The Daily Telegraph


 

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