One in four new businesses set up by older people
Clydesdale and Yorkshire Bank have revealed that more than one in four businesses that are started up in the UK come from people who have either retired or been made redundant.
For many, it’s an opportunity to realise a dream after a life of working for the “other man”.
Gary Lumby, director of small business banking at Clydesdale and Yorkshire Bank, said: “Many people realise that there is more to life than working for somebody else, and it’s even better if you can turn something you love and enjoy into a business venture.”
Earlier this month, journalists at the BBC walked out for the second time over disagreements with the corporation over compulsory redundancies.