Side hustlers in the UK are earning almost £10,000 a year through their additional ventures, a new report unveiled today.
The new figures, that form part of a report from Utility Warehouse (UW) and Cebr, show there are over 20 million multi-income individuals (‘Miis’) in the UK representing more than one in three of the adult population. They are thought to be earning an extra £780 on average per month.
However, the report from UW and Cebr found that almost a quarter (23 percent) said they don’t talk about their additional income with family or friends in case they assume they are struggling with money.
Despite this, Miis are helping to boost the UK economy and last year spent £55billion of their extra income on UK businesses – supporting more than 364,000 jobs to deliver a £30billion boost to the nation’s coffers.
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