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

Transgender staff excluded from single-sex toilets under new equality guidance

Transgender people must be excluded from single-sex toilets and changing rooms that correspond with their lived gender under updated...

Simon Coker: Closing the emotional gap – why AI in the workplace is as much a human challenge as a technological one

AI adoption is transforming how work gets done across every sector. But its deeper impact is less visible: it is reshaping how people feel about their work.

Employment tribunal delays stretch towards 2030 as lawyers warn system is nearing collapse

Employment tribunal hearings are being delayed for years as lawyers warn mounting backlogs are undermining workplace justice.

Keeping culture and purpose at the centre of a growing fintech

A fintech people leader explains how culture, wellbeing and purpose are being protected during rapid business growth.
- Advertisement -

Migrant worker with no right to work in UK wins discrimination case against employer

An employment tribunal has ruled that a migrant worker without the legal right to work in Britain can still pursue successful discrimination claims.

Government to replace some GP sick notes with return-to-work plans

Workers in four English regions will be directed towards personalised health and employment support as ministers test alternatives to GP-issued fit notes.

Must read

Andrew Secker: Embracing the new retirement

With UK workers living and working longer, we are beginning to see many looking for a new type of retirement, says Andrew Secker.

Robert Leeming: Atmosphere and analytics are the future of innovation in HR

Innovation in HR is crucial as an innovative HR department will help to produce an innovative company. Recent research, for example, has found that employers are missing out on a host of innovative ideas by not listening to their staff.
- Advertisement -

You might also likeRELATED
Recommended to you