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16 Million Brits Turn to Side Hustles Amid Cost Crisis

1/14/2026

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Story summary
  • More than 16 million people in Britain now engage in side hustles, up 158% since 2023.
  • OddsMonkey finds that 39% of Britons earn about £914 monthly from these ventures, driven by the cost of living.
  • Popular hustles include selling second-hand goods, baking, and freelancing.
  • Nearly 34% fail to declare earnings to Her Majesty's Revenue and Customs (HMRC); income over £1,000 must be reported.