The UK is becoming the “self-employment capital” of Western Europe after an increase in the number of people working for themselves, according to a new report from the IPPR think-tank. IPPR said the UK had caught up with the EU average of 14% of workers who are self-employed. The number has increased by 8% over the past year, faster than in any other Western European nation. Spencer Thompson, senior economic analyst for IPPR, said: “Around 2,000 people a month are moving off benefits into their own business.”
This is interesting and I would not be surprised if Southport continues to lead this self-employment move. Southport has long had a strong tradition of small local businesses, far more than many other communities in Sefton or beyond I am told.
With thanks to the LGiU for the lead to this story