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Revealed on Thursday, the Chancellor’s new plan to ‘restore stability’ and ‘build long-term prosperity’ will involve billions of pounds of tax rises and spending cuts.
It comes at a time when many households are already struggling with higher prices and falling real incomes. So what does the Autumn Budget mean for you and your family?
New figures suggest that dodgy umbrella companies could be costing thousands of temporary workers through lost holiday pay.
Freelance support group IWORK calculated that at an average salary of £26,000 per year, umbrella workers would be missing out on more than £3,000 of holiday pay.
They estimate that if just 2% of the UK’s 1.6 million temps are affected, they would be shortchanged by a collective £97 million per year.
Contracting and other types of flexible working could help bring more over-50s back into the workforce. That’s according to Umbrella.co.uk director Miles Grady.
The Bank of England has expressed concern at the rising number of over-50s not in work or looking for work in recent months.
