More Britons take on second jobs as UK enters recession

In the UK, where new research has shown 43% of Britons are supplementing their main income with additional jobs or businesses. The extra income is said to help bolster total income, at a time when the cost-of-living crisis is affecting millions of households. Lape Olarinoye reports.
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[@jeffreyjackson5229]

It's not just taxes. It's control. They are going to keep you in a position where it's impossible to get ahead.

[@TheBillaro]

exactly what I got out of it, and they present it as if 'the great british entreprenurship' is on the rise. what a load of toff.

[@slothsarecool]

You can always educate yourself, learn new skills, earn more, or continue to do nothing and keep blaming others. I don’t think “they” are trying to suppress you, the gov and wealthy folks don’t gain much if the economy is failing I imagine.

[@hughclass1809]

@jeffery..... your assessment is correct. You will be kept your knees and with no hope of getting up....

[@jimbojimbo6873]

Get ahead of who? There’s only other people doing the same thing to get ahead of

[@gorillanotion1024]

Did we ever leave the last recession?

[@MetalRocksMe.]

The cost of greed crisis is killing us. 😢

[@c.f.okonta8815]

Vote for the Tories. Labour will make it worse

[@CurrencyCrafting]

@@c.f.okonta8815 You must be a billionaire! Your ability to predict something that';s never happened is astounding🙃 Bet you voted brexit as well, which by the way is one of the reasons behind this recession

[@5unam1]

​@@c.f.okonta8815 the CONservatives have done such an excellent job over the past 13 years from austerity to Brexit to Covid procurement scandals, they're doing a great job in helping transfer wealth from the working/middle classes to themselves

[@wulfhere83]

​@@CurrencyCrafting 42% of us opted to remain... Betting we all voted for Brexit is like me betting all Labour voters voted to remain despite nearly 40% opting for Brexit. I can't see how Labour how going to make things better, can you?

[@bonkyo]

@@wulfhere83 And how many of those who voted to leave also voted conservative? statistics aren't hard to read or even predict, grandpa

[@TheBillaro]

Translation: Don't you dare earn money without telling us because we WILL find you.

[@gadagaz]

Just do a side hustle that requires no tax returns like I do. Not likely to ever change as too many government members benefit from it as well. I'm sure you can probably guess what it is!

[@dajkm]

​@@gadagazplease what side hustle do you do may i ask?

[@Obatala_Vibez]

@@gadagazare you a vicar?

[@gadagaz]

@@Obatala_Vibez haha no

[@mikethebloodthirsty]

Yeh but if you inherit millions you'll pay zero...

[@goatsummoner]

You get slaughtered on tax for a second job, though. And now the government is cracking down on income gained through eBay, vinted, etc. I can't sell as much online without worrying that I'll have to fork over even more money after all the deductions that eBay makes. I wouldn't be surprised if they decided to cracl down even harder on cash-in-hand jobs people do in the side at some point. Working without declaring income is illegal, but the reason people do it is because they'd end up having to give most of the extra money earned to the government if they did.

[@nowisgodinyourlovelylife717]

Point is that with the current inflation the Personal Allowance Income before taxes should be at minimum 15k and not 12.5k a year so they don't care to revise up

[@jaylam]

@@nowisgodinyourlovelylife717NOBODY is talking about this; the personal allowance at minimum should always go up with inflation

[@goatsummoner]

@nowisgodinyourlovelylife717 they won't move the tax bands or personal allowance threshold because they'll lose out on money. And they obviously don't care at all that people are struggling. It blows my mind to think that there are so many people who support the government when they're so callus.

[@andrewleong8643]

“People are getting a second income to survive, so we want to find out and tax them.”

[@GARY.94]

You should be talking in pounds NOT dollars!.

[@pollutingpenguin2146]

The UK is falling apart

[@TT-fn1xb]

The UK has fallen apart.

[@terryj50]

Not just the uk it’s the whole of the western world. I moved here 8 years ago as was able to buy a home in Surrey in 3 years. In California I could not buy at all.

[@keirenle]

Well done, Brits, you now can say that you have had a taste of third-world living. Moving back to your parents' house, that would be a complete transformation

[@bobby5678-ck2tc]

That's us in Canada with the average house price being around 800k no one is able to afford houses until our parents leave us their house and millions in assets.

[@ChrisLitton]

I'm good ta

[@terryj50]

Tell that too most of Europe lol and the USA as so many people on 100k salaries in California now living in their parents homes.

[@keirenle]

@bobby5678-ck2tc I hear u. Even when u can afford a deposit thanks to bank mum and dad, most would choose to stay in the basement and rent it out. It s the only way to avoid living pay cheque to pay cheque.

[@bobby5678-ck2tc]

Yep i also use welfare to avoid taxes since in Quebec we are taxed to death and work in construction under the table and save money that way since i have to take pain medication that costs a fortune without any welfare assistance. At least i will inherit millions when my mother dies which will help me buy a cabin in the woods next to a lake far away from all the noise of the city where i can retire and die alone as a hermit.@@keirenle

[@humanbeing6933]

It shouldn’t be okay to pay someone less than they need to live and call that a successful business model.. nor should it be cheaper to rent someone than it would be to buy a person outright and have to pay their upkeep…

[@Houthiandtheblowfish]

well said

[@johnnypham2850]

By that logic a teen who has no actual bills would get paid an extremely low sum. Everyone should be paid according to their ability.

[@humanbeing6933]

@@johnnypham2850 young people already do get less. I think you’ve missed the point of my original post tbh.

[@deans7200]

Try living a single life its even harder rent is priced for a couple these days 🤦‍♂️

[@bengaliTq]

Our government are willing to provide billions to other countries (Ukraine 👀) and not invest in public sector

[@EthanZoid]

So you want to be paid in second hand storage bombs? 😂

[@jaylam]

@@EthanZoidno but that would be our inventory and now we have to pay to restock and have neglected key areas of our economy that need the money eg rail and healthcare

[@m0gzilla]

@@jaylam foreign aid is only a small percentage of government spending, the larger sectors would be transfer payments, which we can't really cut because that supports pensioners. I'm also pretty sure they're already trying to cut down of foreign aid, so if you completely got rid of foreign aid i don't think people in Britain would feel a huge difference

[@jaylam]

@@m0gzilla Not exactly sure why it even exists; out of principle alone it should be removed; imagine even 2 billion was paid to NHS workers for the covid efforts or invested into their pensions and as thank you. It’s really wrong to not take care of your own at home and the UK doesn’t get any foreign aid anyway

[@DarylSolis]

I'm in Albania right now. £1.50 for a good coffee. £10 meal for 2. Get the F out of rip-off Britain

[@abc-un4xz]

Slavery was never abolished. It was only extended to inculde all the colours.

[@jeffreyjackson5229]

I am so grateful to be unmarried and no children. At this point in my life, I don't see it.

[@jharris3267]

You will own nothing and be happy.

[@TheBillaro]

the only way i can do it is abroad, where i am.

[@reallearner590]

Agree

[@hughclass1809]

Yes...keep it that way. No kids...no wife....no responsibility...

[@phallusy6574]

@@jharris3267 ​ own stuff and be miserable.

[@techsquirt]

During recessions people who are struggling do not take risks to build online clothing companies. "He started an online business for better job stability". WTF. What a terrible example to use.

[@faithpeace5093]

This is a good time to start a side hurstle. You do not wait until you are financially stable to start a business. You start when things are tough. Online opportunities is the way to go. Learn, learn and learn.

[@bobby5678-ck2tc]

I am going back to school right now and going in plumbing so i can make over 100k a year instead of this 9-5 that only pays you 20-40k a year screw that.

[@HexMotifMusicUk]

@@bobby5678-ck2tcwho told you working the drains will pay you 100k 😂😂😂

[@bobby5678-ck2tc]

working the drains? I am gonna work with my uncle who owns his company i already make 80k under the table working on getting my cards right now and i will start at 107k/y salary as a plumber we do government contracts.@@HexMotifMusicUk

[@nimanixo]

@@HexMotifMusicUkit will In Australia

[@Charles-sg9zu]

As a person who is living in the UK, I do a 40 hours full time job and self employed for another job as well.

[@nimanixo]

How do you have the energy

[@Charles-sg9zu]

@@nimanixo Sometimes even 48 hours because OT has extra money

[@Charles-sg9zu]

@@nimanixo Don’t forget about many people in the world works more than 55 hours a week. It’s really harmful and I don’t recommend it.

[@allykhan8594]

Same all over the world, nothing new. Political and economical failure.

[@jeffreyjackson5229]

I will agree to a degree but not completely. Some are in that situation due to wanting to maintain a specific lifestyle or early life decisions which have come back to haunt them.

[@allykhan8594]

@@jeffreyjackson5229 exactly. The moaners are mostly those who created their disasters.

[@matthewhester5891]

Woke agenda…. It’s got to stop

[@vitkomusic6624]

Brexit was....

[@allykhan8594]

@@jeffreyjackson5229 true too.

[@Kevin-zz9nc]

Welcome to America people. Next they'll privatise NHS. Hope you can afford $300 inhalers and $600 insulin....

[@marianhunt8899]

There has been creeping privatisation of it since John Majors 'White Paper'.

[@marianhunt8899]

Translation - UK citizen being plunged into increasing poverty and desperate to keep up with paying essential bills. Austerity, the gift that keeps pumping money yp to the super wealthy.

[@beltingtokra]

It's almost as if prices keep going up and wages stagnate and that working full-time isn't enough to survive. 😢 I started my side hustle in 2021 and am very happy to have a 3 year headstart on what i do now 😊

[@BlackNinja2243]

Interesting, how have the government's actions affected your side hustle?

[@beltingtokra]

@BlackNinja2243 not sure how you mean, but if it's the tax issue, I have a specific account that I put my tax money into, that isn't accessible until I will be sending my tax to hmrc. I have a spreadsheet with all of my expenses and income and a predicted tax/slc so I know how much to put aside 🥳

[@philippine6168]

Honestly working multiple jobs isn't the optimal way to attain financial freedom, With dividend investing, you automatically receive dividends directly into your brokerage or bank account every single month or quarter. It's the absolute easiest way to earn a living without having to raise a finger, with the exception of checking your portfolio maybe once every couple months. Even if you couldn't fully rely on dividends for a living, that extra money you receive could be the difference between working a job you hate and switching careers to a job you enjoy. Or it could be the difference between working full time and working part time and spending the rest of your time with family or friends doing whatever you wanna do, i pray that anyone who reads this will be successful in life 🙏

[@user-hc8uu7wt9y]

I agree with you had a senior colleague at work who was doing well but never had an investment. Unfortunately he lost his job and went from living a comfortable life to hardship. There would had been something to fall back on if he had an investment

[@jessicasaunder6965]

That's true, there is never any culture of wealth creation to keep multiplying your finance that lacks an Inves tment value Instead of saving money in the bank . This means, if you want to be successful you don't need to work multiple jobs but Inves tment

[@GeorgeJefferson-de1so]

Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time

[@johnalex4006]

I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.

[@philominafashi1662]

Hello nice idea here, please what exactly kind of investment are you talking about here, I'm really interested too

[@c3realK1ll4h]

Brexit has really worked out well for brexiteers

[@titiju8363]

Do u think is better in the E.U ???? If yes tell us wich countries?

[@c3realK1ll4h]

@@titiju8363 yes it is, i been to those countries, and they are a breath of fresh air, i hate uk’s old ugly congested infrastructure, small narrow roads, ugly terraced houses, roads have been even narrowed by bike lanes sprouted all over the towns and cities causing traffic and pollution, due to road capacity significantly reduced… low pay, tight home space, not even worth spending that extra on them, welfare support is also very low, and to make matters worse the weather, etc… I made a big mistake when i had the opportunity to move before brexit and i stayed, because i just landed a new job… USA may have problems by private healthcare, but its how u feel and i felt better there and in Canada, also historic countries like denmark can retain their historic infrastructure and build big roads and yet even this countries modern infrastructure looks so clogged together like the skyscrapers in the city of London, with no civic sense or pride by the british, the promising skyscraper projects are significantly reduced in height due to CAA, and wide road planning wasnt even submitted as part of planning application for these skyscrapers, as they will cause density and traffic

[@c3realK1ll4h]

@@titiju8363 to tell you the truth, the best european countries are Norway/iceland/denmark/sweden/netherlands/switzerland/finland/austria/germany… maybe france, but its another ugly Britain, only slightly better… Generally speaking the english speaking world like USA/Canada/Australia/NZ is brutal, where u live paycheck to paycheck, but UK is amongst the worst developed countries, low living standards

[@22448824]

@@c3realK1ll4hWhat are you talking about? Our "congested infrastructure " has nothing to do with Brexit. I've heard a lot of things blamed on Brexit but not until now our buildings.

[@c3realK1ll4h]

@@22448824 didnt say brexit was to blame, but he asked me a question and i answered

[@lichen24moss]

It seems that Britons are turning to e-commerce to survive, but the first priority of the British government is to tax them as soon as possible. Shouldn't the welfare of its citizens take priority? What is the government doing to ensure that these people are able to become successful in their new venture? Shouldn't the government be supporting these people instead of focusing on getting a cut from the profits?

[@AlexParkYT]

Yes you're right. Unfortunately they don't work in our interest anymore.

[@michellegore]

At this point people need to protest from ridiculous gas prices to all this over taxation problem with uk people they keep quiet

[@ChristineCircelli-go2yw]

Why won't the government just send all UK residents a universal basic income?

[@TobyCostaDunkin]

Because that's literally unaffordable and relying on the government giving them full control over your income is not smart in any situation. Not at all. Christ.

[@delfimalvaro]

Where's the money going to come from for a UBI? Who's going to pay it?

[@davidstrelec2000]

​@@delfimalvaro Theres never any money for feeding the poor but theres always emough money for the rich, wars and bankers.

[@Afrobriit]

@@delfimalvarotaxing the rich

[@Afrobriit]

@@TobyCostaDunkinit’s literally unsustainable to continue perpetuating a system built to favour the wealthy! UBI is more than possible, the world has enough resources for this kind of scarcity to not exist, greed and corruption is the biggest barrier to meaningful change. UBI is the future.

[@j2shoes288]

$34K UK salary? I thought we use ££££s?

[@mm-yt8sf]

can only fans support an entire country?

[@1Strawbz1]

😂

[@gss6531]

Only mans

[@enhancedutility266]

No The average monthly payout less than $200 a month only the top 1% to the top 10% earn 80% of the income

[@vitkomusic6624]

Yes

[@nisanka]

Take a one-way ticket to a country like Bali, Vietnam or Sri Lanka. Find an affordable place to stay with a good Internet connection. Start an online career or a business and scale it. It's that simple.

[@davidostrowski679]

I did it 8 years ago. I work part time, don't pay tax/fund genocide and have an easy life. Popped to Bali about 4 times x

[@lucasstuart19]

Welcome to the club. Who hasn't a second job or at least a side hustle nowadays ?

[@KS-zd4ew]

In Malaysia Feb 2024 govt is taxing any overseas shipments that is bought online 10% for any item value below MYR500

[@hughclass1809]

Same in indonesia. ...and a tax to send a package overseas..... everything and every service has a government tax or tariff..... it's really hurting the economy...

[@gitendra0605]

I think you'll find that more people are working less rather than more. More people are on social security than wanting to work

[@iveyhealth2266]

The Squeeze is on !

[@ChristineCircelli-go2yw]

It has been in the works for so many years and still not being offered?

[@NimaTheMachine_]

Move to Dubai and leave the UK to crumble

[@KV45355]

Hustle culture, side gigs don’t work well with in the UK.

[@EmmanuellaUdofia]

Well it depends on what you're doing

[@Obatala_Vibez]

They was growing but as you see that’s why the government want their cut!

[@Josh-rg6pe]

Had to take on another job myself yet where called lazy, funny that.

[@awakenthegreatnesswithin]

Learn how to register in tax havens like all the big UK companies do and pay 0% tax

[@micktwo]

Do we need to pay tax on the switch bonuses pay by banks

[@SheffH]

My side hustle was selling online, e-commerce. It started off really good and successful until I started to get heavily taxed, online platforms increased their fees and charges significantly, prices increased for logistics, rent etc. long story short, i am no longer able to run this business anymore. 🤦🏻‍♂️

[@davidostrowski679]

Wow Brits doing something everyone else started doing a decade ago. Leave the country, go off grid and fully freelance and choose not to pay tax. We've been doing it for years x

[@wmurawski84]

2nd job is pointless , tax code change and only person who will benefit from that is Rishi

[@has4896]

HOW IS ONLINE SHOPPING BUSINESS 🛍 DOING IN UK ,SUNAK MUST BE RESPONSIBLE 😮😢

[@phallusy6574]

The situation is so bad the UK has adopted the US dollar! Or is it the Hong Kong dollar?

[@EthanZoid]

More like 100% as many don’t report it.

[@darek795]

? it's good that people try to earn more money but the government should encourage people to produce more things which are important like food, energy, housing . People should try to seek emplyment in agriculture, energy or construction - not only services because without more food, houses and energy costs of living will not go down. It's stupid that people cry over high prices of food but don't want to work in agriculture.. It's kind of schizofrenic thinking - I want more food but I don't want to work to produce it,

[@rozza4671]

Highest tax burden in 70 years! What a shocker of a situation

[@terryj50]

Really when I was growing up I had 2 jobs. It was the done thing when I was young .

[@mikewilson2122]

Same thing happening here in America. This is all late stage capitalism

[@gordonfernandes6873]

Doesn't make any difference...The Benefits can Overcome these Issues ...No Problem, While the Govt

[@capri4682]

If everyone started side hustles who’s going to buy?

[@Obatala_Vibez]

It’s different to the Victorians times because we use the internet and the opportunities are endless to be fair

[@user-tw3ty4tk9g]

Thanks - it would have been better if pounds instead of dollars was referenced.

[@operationbroomstick]

Literally nothing is a pound in Poundland anymore 😅

[@stuartpaul9211]

Those who produce nothing trying to take from those who do

[@mayamajumder6666]

Please bring video on India as Emerging economy.

[@westindianbaddiexo6560]

Why did he say 34K DOLLARS. WE USE GBP..anyway Multiple streams of income is absolutely necessary to survive this economy for any working class individual/family

[@tas655]

Hi folks please comment below if you have a full time job and a weekend / evening job? Because how are you finding it? I rarely have two days to myself on weekends I usually have one

[@Obatala_Vibez]

I work full time mon to Friday 9-5 n during pandemic i got a counselling degree that I can work from home with eg zoom calls, bank shifts on the phone evening jobs…even though we will get taxed over 12k earning? Gotta do something init 😅

[@AngloSaxonVanguard]

What is a "Briton"😂

[@operso5460]

Someone from Britain…

[@damianmarkland8543]

34 thousand dollars? The lady talking sounds like a Brit too 😅

[@AlexParkYT]

These people are hardly making profit are they. They are raising funds to pay their expenses. Last time I checked expenses aren't profits. This system is a FRÁUD

[@yhanwotm8669]

There has never not been a recession since ive been alive

[@monikaeducation6378]

Meanwhile new incomers don't need to work at all and everything have free. Someone must pay their bills 🤷

[@jon6309]

I wouldn’t mind eating fish and chips every day 😁

[@TheBillaro]

barf. and super unhealthy

[@suhailshabir9305]

Seen the prices of fish & chips tripled in the last year

[@nowisgodinyourlovelylife717]

It'll get more expensive sooner because Russia doesn't allow fishing on its waters ever again

[@Obatala_Vibez]

Make your own fellas

[@Flysarse]

Poverty and Dirt is paradise

[@mattanderson6672]

Defund the Government Stop paying tax They can't put us all in prison Thanks

[@rishabnayyar0856]

Keep slowing migrants and you will even more

[@lonamark3842]

Let's emigrate to Spain now, life is cheaper there.

[@1Strawbz1]

idk if i can do onlyfans man, thats intense😂

[@adolft_official]

News Anchor Later: Sorry, I have to go to McDonalds for my shift

[@1Strawbz1]

init 😂 the reality probably aswell

[@bharath2508]

The NHS is crumbling due to the protests. Doctors must unite for humanity.

[@Spencer_White]

Take a step back, what is the root cause. Why are the NHS striking? Underpaid, overworked. Who controls their pay, the Government. The Government are the cause.

[@marianhunt8899]

Due to extortionate rent charged by the private business who own part of the buildings. Charge extortionate rent similar to what every landlord is doing to young and old alike. Greed is the cancer.

[@theaddamsfamily7698]

More like the NHS is failing because money is going into the private sector instead of the public sector

[@AlexParkYT]

@@Spencer_White Exactly. Why do people not look at the actual cause instead of being to focused on the end result.

[@angelachanellehuang5663]

Caregiver

[@istvanborbely1563]

Back to work mate 😂😂😂😂

[@matthewhester5891]

I thought UK now out of recession?

[@cerdic6586]

Behold the return to serfdom.

[@-BY205]

EU's fault 😂😂😂 lucky i have a star passport

[@bharath2508]

Too many thulukans in UK 😮

[@mikey2raah443]

😂😂

[@DakotaFord592]

😅😅

[@JohnnyBeitia]

"PANAMÁ 🇵🇦 RELOCATION TOURS!! WITH J ACKIE!!😊👍🙋🇵🇦❤️👈" (GET OUT NOW)

[@captainmaza]

All these people do is talk never try do anything just more bs news

[@Millennial1993]

Thank you lockdowns

[@dan1231123]

Complete propaganda

[@JamesFear]

I’d give her a second job x

[@Jazzyk83]

What is the name of the host?

[@Alexibawendi]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

[@Louisbrus498]

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

[@JohnnyBeitia]

"5 REASONS TO GET PANAMÁ 🇵🇦 RESI DENCY!!😊👍🙋🇵🇦❤️👈"

[@angelachanelhuang1651]

marxism

[@rochehanou2141]

Thanks to samosas Premier minister