Gig economy workers 'hit harder' financially

IPTF research shows

Adam Saville
clock • 4 min read

Nearly a third of UK gig workers living paycheck to paycheck, IPTF survey shows

Half of Brits (49%) working temporarily or doing contract paid work for a mobile app or website said they have taken ‘desperate measures' to survive financially, research by the Income Protection Task Force (IPTF) has revealed. This includes measures such as using food banks, shoplifting, gambling, drinking or taking a payday loan - less than 10% of those not working in the gig economy admitted to living like this. The figures also show that a quarter (26%) are living paycheck to paycheck, however this rises to 31% for those working in the gig economy. Fuelled by the growing online...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Search interest for 'financial protection' increases by 130%

Search interest for 'financial protection' increases by 130%

The Exeter findings

Jaskeet Briah
clock 24 August 2026 • 2 min read
National Friendly adds protection products to Primis panel

National Friendly adds protection products to Primis panel

Bringing specialist protection products to a wider adviser and client base

Jaskeet Briah
clock 06 July 2026 • 1 min read
Royal London updates IP proposition

Royal London updates IP proposition

Modern working lives

Cameron Roberts
clock 01 July 2026 • 2 min read