THREE million British people have worked a second job in the past six months to top up their incomes, according to research by Direct Line home business insurance research released today.
Another 1.5m people supplement their wages by running their own businesses. In total, 11.5m people have generated an income outside their regular employment, earning an average of £2,536 per year.
Over 2m people are working over 18 hours a week after their primary job. Real pay has stagnated over recent years, as fewer people receive pay rises, and above-target inflation bites.
Jazz Gakhal, Direct Line’s head of home business insurance, said: “Some will be building up their own companies at home while maintaining the security of a regular income before making the switch to being a full time business owner and manager.”