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UK workers making money on the side
Friday, 14 December 2007
Life after graduation
Students going into graduate jobs may want to find themselves a pastime as a survey has revealed that one in five UK workers are boosting their incomes through their hobbies.
The research, by National Savings and Investments (NS&I), shows that Brits make £26.5 billion collectively every year through out-of-work interests.
Dax Harkins, senior savings strategist at NS&I, said: "British people are proving that saving money can be enjoyable when combined with a fun activity or hobby. It is great to see so many people using their initiative to earn some extra money which will help them create a nest egg for the future."
He added that even a few pounds each week invested in long-term savings "can benefit".
Four in ten people admitted to making money through their hobbies while at work, according to the report.
NS&I is a government-backed savings organisation that provides, among other things, premium bond savings.