Monday, June 1, 2020

Self-employed sector on the rise despite uncertainty

New data shows that despite continued political and economic uncertainty, the UK’s self-employed sector is on the rise.

Figures from the Office for National Statistics show that the self-employed sector has grown by 76,000 compared to the same time last year.

Encouragingly, the number of women in full-time self-employment has also continued to rise.

“The self-employed sector is one of the UK’s biggest competitive advantages, contributing no less than £275 billion to the economy each year,” said Ryan Barnett, Economic Policy Advisor at the Association of Independent Professionals and the Self-Employed.

“This data shows this sector is going from strength to strength because the freedom and flexibility of this way of working are still very attractive to people across the UK.

“What’s more, remote working opportunities, shared work spaces and new technology continue to open this way of working up to more and more people.

“To maintain and develop this vital sector, the government should give it the support it needs. Above all, it should not add more confusion to it with the hugely damaging proposed changes to IR35 next April.”

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