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
Neil 55 has lift off
The brilliant 148cm goes airborne” and five-star event riders are out in force
Take a check
Cold, wet winters can take their toll on trailers. What can you do to ensure yours is roadworthy when spring arrives? Stephanie Bateman investigates
'I was nervous until the end'
World number five Martin Fuchs endures a long wait to discover his World Cup fate and there's a symbolic win for an Olympic silver medal-winning event rider
Daisy Berkeley
Second at Blenheim was a strong comeback for the former British team stalwart. She tells Pippa Roome about the horse who made it possible, other projects and whether fivestar beckons again
How to be the perfect hunting visitor
Rory Knight Bruce has some sage advice on how to behave when visiting other packs that should ensure your name doesn’t become a byword for bad manners
Soneva Gili
A racing career wasn't what suited this gentle thoroughbred - instead, he became a trusted all-rounder with a particular love for hunting and hounds
WHY CONNIES CUT THE MUSTARD
Connemara ponies are often hailed the sportiest natives, but what gives this remarkable breed its edge? Bethany Stone uncovers what makes Connies a competitor's perfect partner
Flipper Darco UKZ
This huge-striding superstar is blind in one eye, but that hasn’t hindered his sensational rise to the top. Jennifer Donald meets a young rider’s horse of a lifetime” and a beloved family pet
Protecting youngsters
Young horses' worm control needs differ from those of adults. Tim Mair FRCVS explains the approach needed
A lot has changed since I first started'
Laura Tomlinson on the evolving landscape of dressage
