Young business leaders could create enterprise revolution with 800,000 jobs – 31 May 2016

by Liam Byrne | 31.05.16 | in: Economics, Young people | Tags: , , ,

Great entrepreneurs change history – by inventing the future. We need to help them or we’ll fall behind.

An enterprise revolution could create 800,000 jobs if budding businessmen and women are helped to realise their dreams.

In the average UK community, one in every 26 people launches a company, according to House of Commons figures.

But in top-performing Camden, North London, one in every nine people starts a firm – while in Sunderland, only one in 50 founds a business.

If every community was as entrepreneurial as the national average, Britain would boast 336,585 new businesses, creating more than 840,000 new jobs.

Young people will rebuild the nation.

Britain was built by some of the most extraordinary entrepreneurs in history.

While we’re more enterprising than we used to be, we’ve got a long, long way to go.

Great entrepreneurs change history – by inventing the future.

We need to help them or we’ll fall behind.

Related Posts

What are the causes of poverty and low income in Hodge Hill?

Our community is one of the poorest in Britain and over the summer I am updating my research into the causes of poverty and low income. I am looking for people to interview who have a household income of £13,000 a year or less. The telephone interview will be strictly confidential and will be undertaken […]

Read more

How the Tories’ DUP deal compares to funding for the West Midlands

The £1 billion deal Theresa May has struck with the Democratic Unionist Party (DUP) is leaving the West Midlands massively short-changed.  I asked the House of Commons Library to dig into the figures and our analysis shows Northern Ireland will get £244 per head compared to £13 in the West Midlands – that’s more than […]

Read more

A new agenda for inclusive growth

A simple truth is now clear in economics. Policymakers and politicians know how to globalise, but we do not know how to make globalisation work for the majority of voters. And today we see the consequences of this in referenda and elections around the world. Inequality in advanced countries is fuelling huge political instability. Since […]

Read more

Stay up to date with Liam's work

  • Latest Tweets

  • Copyright Liam Byrne MP 2017