UK redundancies ‘prompt entrepreneurial spirit’

-

UK has an entrepreneurial spiritEntrepreneurialism in the UK has been kick-started by the redundancies to have taken place during the economic recession.

According to research from the Home Learning College, two-fifths of Britons would consider setting up their own businesses if they were to be made redundant.

Meanwhile, one third of UK workers admitted to being fearful about the possibility of redundancies being carried out at their place of work.

Furthermore, 53 per cent of respondents admitted that they did not think the country had yet suffered the full effects of the downturn and that things could be set to get worse this year.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Dave Snow, academic director at Home Learning College, said: “It is heartening to see that the recent economic climate hasn’t dented our renowned entrepreneurial spirit. However, a healthy dose of reality is necessary for anyone who is seriously thinking about setting up a company.”

The opportunity to be their own boss may be attractive to many Britons, after the Chartered Management Institute revealed half of employees in the UK have admitted that they believe a dominant management style in the workplace is negative.

Posted by Ross George



Latest news

Worker denied leave for 25 years wins £400,000 in holiday pay case

A tribunal awards nearly £400,000 to a worker denied annual leave for decades, raising concerns about holiday policies and employer compliance.

Sustainable business starts with people, not HR policies

Why long-term success depends on supporting employees, not just meeting ESG targets, with practical steps for leaders to build healthier organisations.

Hiring steadies but Gulf crisis threatens recovery in UK jobs market

UK hiring shows signs of stabilising, but rising global uncertainty linked to the Gulf crisis is weighing on employer confidence and delaying recovery.

Women ‘face career setback’ risk with flexible working

Female staff using remote or reduced-hour arrangements more likely to move into lower-status roles, raising concerns about bias in career progression.
- Advertisement -

Jo Kansagra: Make work benefits work for Gen Z

Gen Z employees are entering the workforce at full steam, and yet many workplace benefits schemes are firmly stuck in the past.

Union access plans risk straining workplace relations, CIPD warns

Proposed rules on workplace access raise concerns about employer readiness and operational strain.

Must read

Chris Milligan: Talent management in 2019 must rapidly change

Adepto's CEO and founder Chris Miligan discusses the importance of transforming our talent management strategies in 2019.

Chris Hogg: Neurodiversity in the workplace – how to foster inclusion

Chris Hogg, partner at Bloomsbury Square Employment Law, discusses how workplaces could better support neurodiversity in the workplace.
- Advertisement -

You might also likeRELATED
Recommended to you