Number of people setting up own businesses jumps by 367,000 since start of recession
Wednesday 06 February 2013
The number of people setting up their own businesses has jumped by 367,000 since the start of the recession in 2008, according to official figures.
The increase - to 4.2 million - has mainly happened since 2011, with a rise of 219,000 in the year to 2012, the Office for National Statistics said.
The figures suggest that people who have lost their jobs in the recession are choosing to set up their own small businesses rather than finding another job with an employer.
The rise was fuelled by a big increase – 431,000 - in the number of self-employed people working on their own or with a partner. But the number of people running larger businesses with employers working for them fell by 66,000 over the same period.
The rise was spread across all parts of the UK, except Northern Ireland, where the number of self-employed workers fell.
The study also revealed that the self-employed work longer hours, tend to be older and are more likely to be male, than other employees.
The average age of self-employed workers was 47, compared with an average age of 40 for the UK's 25 million employees. Most (70 per cent) of the self-employed were men.
The most popular occupations for self-employed workers were taxi driver, construction worker, carpenters, joiners and farmers.
Almost six out of ten (58 per cent) self-employed people use their home for work, with most living in London and the South West.
The lowest proportions of self-employed people were in the North East, Scotland and Yorkshire and the Humber.
- 1 This restaurant has misunderstood the concept of 'cheese and biscuits'
- 2 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 The 'sex selfie stick' lets you FaceTime the inside of a vagina
Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
PornHub turns masturbation into energy in bid to save the planet
Spiritual leader allegedly manipulated 400 men into removing testicles to be 'closer to God'
The 'sex selfie stick' lets you FaceTime the inside of a vagina
'This is what Islam tells us to do': A rare glimpse inside a Saudi Arabian prison – where Isis terrorists are showered with perks and privileges
New theory could prove how life began and disprove God
End of the licence fee: BBC to back radical overhaul of how it is funded
This is what it's like to be dead, according to a guy who died for a bit
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
this is an unpaid voluntary position: Circles South East Youth Service: LOOKIN...
£18000 - £22000 per annum: Recruitment Genius: This leading privately owned sp...
£30000 - £40000 per annum: Recruitment Genius: A Software Developer is require...
£24000 - £27000 per annum: Recruitment Genius: The largest supplier to the UK'...