• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Freelancers face selling homes as MPs urge Chancellor to offer more help

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #21
    Originally posted by ladymuck View Post
    I was on £425 p/d in my last banking job.

    It doesn't matter if people are earning £10k or £300k - if their lifestyle is beyond their income, they're going to be screwed as soon as that regular pay check stops coming in.
    Really? I am not in banking but everyone I know has been on 700+ day rates. Maybe just depends what doing.

    Comment


      #22
      I was out of work for nine months around the dot com bubble burst, I was just fine as I had a sensible war-chest. Living invoice to invoice is not freelancing, it's chancing.

      Mind you, I now have a family and I'd struggle now to do that. Could manage five to six months but I'd be drained to my last quid.

      Comment


        #23
        Originally posted by Hobosapien View Post
        Then they'll be out of work altogether.

        They should be encouraging the punters to order more tat .The whole country can get delivery jobs if we move from a service based consumer society to just a consumer society getting it all delivered. All it needs is endless 'as good as free, worry about paying it back later' credit, like the government have been finding down the back of the houses of parliament sofa.

        A bit of genuine sofa news.
        we are moving away from service based economy to delivery based economy.
        Half the country orders food and tat and the other half delivers it.

        Comment


          #24
          Originally posted by jayn200 View Post
          Really? I am not in banking but everyone I know has been on 700+ day rates. Maybe just depends what doing.
          It depends on which part of banking and what you're doing. Retail has a lot less cash sloshing about than investment/wealth for example.

          Comment


            #25
            Originally posted by Andy2 View Post
            we are moving away from service based economy to delivery based economy.
            Half the country orders food and tat and the other half delivers it.
            So who is cooking it?

            Comment


              #26
              This looks like another of the PR driven article that Loan Charge guys churn out once in a while painting a gloomy picture of the IT contractors having to sell house and seek shelter under the bridge. How such articles make it to mainstream press is beyond me.
              Vote Corbyn ! Save this country !

              Comment


                #27
                Originally posted by fullyautomatix View Post
                This looks like another of the PR driven article that Loan Charge guys churn out once in a while painting a gloomy picture of the IT contractors having to sell house and seek shelter under the bridge. How such articles make it to mainstream press is beyond me.
                Because while the LCAG people see it as a story that makes them look like victims they don't grasp that to your typical newspaper reader it sounds like "just desserts". Which is why the papers are happy to run such stories.
                merely at clientco for the entertainment

                Comment


                  #28
                  Originally posted by ladymuck View Post
                  I was on £425 p/d in my last banking job.

                  It doesn't matter if people are earning £10k or £300k - if their lifestyle is beyond their income, they're going to be screwed as soon as that regular pay check stops coming in.
                  I think this is the crux of the matter, how many times have we said on this forum you need 6 - 12 months warchest as a minimum, the perfect storm of IR35 reforms and the pandemic was a once in a generation event, just like the dot.com boom was.
                  Originally posted by Stevie Wonder Boy
                  I can't see any way to do it can you please advise?

                  I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

                  Comment


                    #29
                    Originally posted by jayn200 View Post
                    Really? I am not in banking but everyone I know has been on 700+ day rates. Maybe just depends what doing.
                    Rule of thumb, if someone is willing to tell you they are on £700 a day they are not.

                    Those who know don't tell, those that tell don't know
                    Originally posted by Stevie Wonder Boy
                    I can't see any way to do it can you please advise?

                    I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

                    Comment


                      #30
                      Originally posted by tomtomagain View Post
                      Yeah, right. More likely to avoid inheritance tax.
                      Be interesting if he paid stamp duty on the purchase
                      I am what I drink, and I'm a bitter man

                      Comment

                      Working...
                      X