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Two - thirds of Britons have lost faith in traditional careers | united kingdom | News

A Business Ownership Index study for BusinessesForSale.com finds 60% of UK adults believe traditional careers are less secure than before, and only 21% expect a traditional path with a single employer. The findings come as UK unemployment reached 1.78 million, a 4.9% rate, with 16 to 24-year-olds at 16.4%. Some 76% say wage growth has failed to keep pace with inflation, and 54% believe owning a business is the best way to maximise earnings, rising to 65% among 18 to 24-year-olds. Yet 54% say entrepreneurship is poorly supported, and 35% are unaware they could buy an established business rather than start one. The article's examples argue that buying an existing business can offer faster access to customers, staff and cash flow.

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