Self-employed numbers up on last month but down compared to last year
(3 minutes to read)
Despite latest data showing that the number of self-employed workers in the UK has seen slight growth in the last month, this figure is less compared to the previous year.
Recent Office of National Statistics (ONS) data shows that there are currently 4.78 million self-employed people in the UK. This is up from 4.77 million last month, but down from 4.8 million 12 months ago.
The Association of Independent Professionals and the Self-Employed (IPSE) have responded with concerns surrounding these findings.
Tom Purvis, IPSE’s Economic Policy Advisor, commented, “Although self-employment is up on last month, there has been a notable drop since last year: if this trend continues, the Government may need to look at this more closely. For one thing, if the Government is to hit its own targets for infrastructure and construction, it will need a strong self-employed workforce.
“With the Brexit negotiations still ongoing, it is essential the Government backs one of the UK’s biggest competitive advantages: its flexible labour market. A healthy, flourishing flexible labour market will boost both the private and the public sectors in the coming years, but the Government must do more to support it.”
He added, “At the Autumn Budget, the Chancellor announced the Government would be consulting on the extension of the changes to IR35 from the public to the private sector. This would be a complete disaster for both the self-employed and the UK economy, leading to lower productivity and delays to projects across the country.
“Instead of penalising the self-employed and further shrinking this vital sector of the economy, the Government should be looking at measures to support and boost self-employment in the UK. If it takes the right approach, we should see this decline in self-employment reversed.”
Got a burning question to ask on umbrella employment? Give us a call on 01206 591 000 or email email@example.com.
You may also like to read:
Our main news hub
|Simon Dolan is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual. Learn more about Lucy on Google.|