The latest figures reveal more of the workforce are now self-employed as the trend towards being your own boss continues.
In the three months to July, an additional 88,000 people classed themselves as self-employed, meaning 15 per cent of the UK workforce are now going it alone.
Overall, there are now estimated to be 4.85 million self-employed workers in the country. In addition, unemployment levels are at their lowest level since 1975 and the increase in self-employed workers could be playing a key part.
Tom Purvis, political and economic adviser at the Association of Independent Professionals and the Self-Employed (IPSE), said: “The latest figures show the continuing strength and success of the UK labour market. This success can be attributed to more and more people opting to become self-employed.
“Being self-employed can be hard work, but research has shown that the majority enjoy what they do.
“Our research shows that when people make the decision to go self-employed, very few would consider giving it up for a job where someone else is your boss,” he added.