Forty percent self-employed people unable to save cash each month, report says

Research by insurance firm LV= showed a further one in 10 only put aside less than £50 each month

Almost two million self-employed workers are unable to save any money, a new report has suggested.

Research by protection firm LV= demonstrated that two out of five independently employed individuals can not stand to spare every month, with a further one out of 10 just setting aside under £50.

A review of 676 independently employed grown-ups recommended that a third couldn't make due for over three months in the event that they lost their wage.

Justin Harper of LV= stated: "The work advertise has changed uniquely as of late, with independent work proceeding to rise.

"The Government's Taylor Review looked to address the difficulties of the present day work environment and guarantee all laborers know about their rights, however it's regularly the case that independently employed individuals and entrepreneurs do not have the wellbeing net of a business' advantages, for example, wiped out pay."