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.
This story is from the November 07, 2024 edition of Horse & Hound.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 07, 2024 edition of Horse & Hound.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gemirande provides 24-carat magic
Venetia Williams sparkles again in the December Gold Cup and jockey brothers dead-heat
‘Happy hunting, everyone'
“The season for talks, dinners and parties has finally arrived for Tessa Waugh, whose distress about the snags of middle age fades away with some rousing festive spirits
'Monaco deserved this victory
Seemingly destined always to play the bridesmaid’s role, Harrie Smolders’ great partner Monaco finally tops an incidentpacked Rolex grand prix
'It had to end sometime'
The closure of beloved Hampshire saddlery Calcutt Sons is a loss to the hunting and wider equestrian worlds, as Octavia Pollock reports
'You couldn't want for more
The Ludlow's peaceful country makes for a day in \"hunting paradise\"
The greatest gift of all
Christmas is fast approaching and while we all like a bit of tinsel, the festive season is also a perfect time for giving to a horse charity. Niki Hinman finds out some of the options
Winter him well
A horse's winter routine can differ dramatically from his summer structure but what’s the knock-on effect? Ellie Hughes asks vets how to optimise routine management for the season
Neat feet
Excellent hoof care is a year-round concern but the winter months present their own problems. Richard Stephenson MRCVS explains the seasonal challenges afoot and how to stay one step ahead
In bygone days
Modern vets have much scientific knowledge behind them, but what about their forebears? Kieran O’Brien MRCVS opens up the world of Victorian vets in London
'When I joined the Pony Club it was just two boys and 48 girls'
Pepsi Kohler on being delightfully outnumbered by girls in the Pony Club, a leg-up from a royal and the H&H advert that changed his life
