New research by the Association of Independent Professionals and the Self-Employed (IPSE) has found that the number of solo self-employed in the UK has fallen from 4.6 million in 2019 to 4.4 million - a drop of 5% compared to last year.
There are both regional and occupational variants in the report showing that the biggest falls are in the north (Yorkshire) and among 18-29-year-olds (-11%), less highly skilled male self-employed (-11%) and disabled self-employed people (-8%). There was also a sharp drop among 40-49-year-olds (-7%).
Until now the self employed sector had been growing continuously for 11 years – by a total of 40 per cent.
Derek Cribb, CEO of IPSE said: “Our annual review of the self-employed landscape shows that 2020 has left it pockmarked and scarred, with hundreds of thousands dropping out of self-employment and into the benefits system."
ExcludedUK a non profit grassroots NGO founded to provide a platform for those denied fair and adequate financial support from the Governments COVID-19 Support schemes since the pandemic began in March. With a community of over 60,000 members across all industries, age groups and regions, we estimate that three million UK tax payers have been excluded from the same support as others, which has lead to thousands of people losing their livelihoods, careers, and homes, and sadly, for some, their lives.
ExcludedUK has been fundraising to provide urgent help and support for those affected in the forms of business and career advice, debt support and 121 counselling sessions within 48 hours. Please find more information on our website www.excludeduk.org.