Two years after the beginning of the COVID-19 crisis, incomes of the self-employed in the UK are still well below their pre-pandemic levels. The number of self-employed workers dropped during the crisis and has not yet recovered. Robert Blackburn and Maria Ventura write that the solo self-employed, representing 85 per cent of self-employment in 2019, may be hit particularly hard by inflation. These workers would be willing to sacrifice, on average, 10 per cent of their income for a scheme providing systematic income insurance.

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28 July 2022

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LSE Business Review

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https://blogs.lse.ac.uk/businessreview/2022/07/28/falling-behind-the-self-employed-would-sacrifice-10-of-their-income-for-an-insurance-scheme/

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