"For an industry already contending with cash - flow volatility, these measures risk tightening margins further. Expect a renewed push toward day rate increases, faster payment terms, and more transparent contract structures as freelancers work to offset reduced take home pay."
"However, a positive change from the Budget was around the enhanced Enterprise Management Incentive (EMI) schemes. For scale-ups, agencies, and emerging tech firms, enhanced EMI options provide a powerful mechanism to compete with corporate salaries, retain senior specialists and reward long term contribution."
"The budget's reforms to the apprenticeship levy has created new opportunities for media and tech employers. It allows them to bring in junior talent at lower cost, access fully funded training, build diverse, skills-based pipelines and reskill internal teams through more flexible levy usage."
Autumn Budget changes to investment income, savings returns, property income and dividends reduce income for self - employed creatives, contractors and founders who rely on diversified revenue. These measures increase pressure on cash - flow and margins, prompting freelancers to seek higher day rates, faster payments and clearer contract terms. Enhanced Enterprise Management Incentive (EMI) schemes give scale-ups, agencies and tech firms equity-based tools to compete with corporate salaries, retain senior specialists and reward long-term contribution. Reforms to the apprenticeship levy enable hiring junior talent at lower cost, access to funded training, and more flexible reskilling of internal teams. Success depends on balancing short-term financial pressures with long-term talent and growth strategies.
Read at London Business News | Londonlovesbusiness.com
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