map-man:
I was pretty worried about the money - moreso as I’m about to get the keys to my first house.Net result for me is about £60 a week less in income now we are on a salary but I’m down from 70+hours to around 50 even with breaks etc. Straight 5 nights rather than working overtime 2 sundays in 3 all the time. I’m still doing the same amount of actual work, just no need to hang the job out as before to get the money.
Having said that I will no longer have to pay £50-60 a week in petrol so I more or less break even
Most people doing shorter hours will end up in the same boat. They’'ll be paying less tax and less personal expenses such as food/petrol for work. Net result is not much change at all.