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Rise in UK entrepreneurs | UAE | Weekly news update on DHL Guide

Number of UK entrepreneurs steadily growing

More and more Britons are taking the plunge into self-employment – and as a recent report from the Future Laboratory shows, one of the fastest-growing entrepreneur segments is the 60-plus group.

According to the UK’s Office for National Statistics, one in five over-50s is self-employed and the number of ‘Boomerpreneurs’, which was at 1.7 million in 2013, is expected to reach 2 million by 2020. This group of entrepreneurs also has a high success rate: 70 per cent of start-ups led by over 50s last at least five years.

At the same time, increasing numbers of recent university graduates launch their own businesses.

Overall, the fact that more people in the UK are starting their own business sends the resounding message that economic confidence is continuing to rise, and that the UK is poised for further growth.

Understanding the United Arab Emirates

The United Arab Emirates is an international business centre and the easiest country for doing business in the Middle East due to its liberal and open economy. Free Trade Zones for international businesses and a highly developed infrastructure also make the UAE a key regional gateway.

In 2013, UK exports to the UAE were worth £5.8 trillion and more than 5,000 British companies are already operating in the UAE.

As the Financial Times reports, the country is also one of the UK’s fastest-growing international trade destinations: in 2013, Britain’s exports to the United Arab Emirates, Chile and China grew faster than those to any other countries.

The DHL weekly newsletter: now available on the DHL Guide

You may have noticed that we’ve been making some gradual changes to the DHL Guide to make the website an even more accessible resource and tool to help your business grow globally.

As part of this process, our weekly news updates are now also available on the DHL Guide. Click here to peruse past issues and keep up to date.

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