THE equestrian industry is facing “the perfect storm” as minimum rates of pay will rise further than predicted next spring.
Businesses face soaring wage bills on top of the welldocumented ongoing issues, including high interest rates and increased pressure on everyone’s finances.
There are also concerns that some in the industry have failed to move with the times – they have been warned that non-compliance with the law is not an option and that HMRC is cracking down.
In the budget on 30 October, the chancellor confirmed that the living wage – the minimum rate of pay for people aged 21 and over – will rise from £11.44 to £12.21 an hour in April. The rate for 18- to 20-year-olds will increase from £8.60 to £10, as part of the phased move to a single hourly rate. Apprentices’ minimum wage will be boosted from £6.40 to £7.55.
Denne historien er fra November 07, 2024-utgaven av Horse & Hound.
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Denne historien er fra November 07, 2024-utgaven av Horse & Hound.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Sorry, but I wasn't feeling it'
Fresh from the opening meet, Tessa Waugh hasn't quite yet been bitten by the hunting bug. Without the crisp autumnal air and cheek-pinching cold she hoped for, it's a sluggish start
New pair pull off a win
A former European Championships pony is on form with his new rider, while elsewhere former showjumpers and eventers take ribbons
Lording it over the rest
Horses who have returned from injury, a second generation homebred and a long format specialist score on the final weekend of the British season
Smith hits flying form
A \"her way or no way\" mare helps Zoe Smith to an impressive ribbon haul and a rider beats his own boss to the top spot
Jankorado hits the jackpot
Paul Sims is triumphant despite his interrupted jump-off preparation and a borrowed horse comes up trumps
Peanut
From \"dangerous, scary\" to hedge-hopping brilliance, hunting has been the making of this unstable but very lovable equine character
She's a corker
Communication, says long-standing and highly respected Belvoir master Lady Sarah McCorquodale, is the key to all, as Catherine Austen discovers
Access all areas Cavalier Centre
The Cavalier Centre is a fully accessible, state-of-the-art equestrian centre designed to improve lives through horse-based activities. Ellie May Forrester pays a visit
'Use it or lose it'
Not everyone wants to reach for the pipe and slippers at a certain age. Becky Murray speaks to some veteran horse-and-rider combos for their secrets of human and equine longevity
A new way forward
Worm control in horses is vital, but established methods will not remain effective for much longer. Tim Mair FRCVS explains why and how we need to change
