The 80,000 new self employed people is not a measure of entrepreneurial Britain. It is a measure of desperation UK.

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This morning's ONS release on the quarterly unemployment data says

Between May to July 2013 and August to October 2013 the number of self-employed people increased by 80,000 to reach 4.25 million.

As I showed earlier this month, the trouble for these people is that they are likely to face earning much below national average wage, and indeed, very often sums far below national minimum wage for the effort they expend, with the situation getting worse year by year.

We have to face the reality that this is not a measure of entrepreneurial Britain. It is a measure of desperation UK.