Entrepreneurial opportunities outside the UK
15th April 2014
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Last year, in an attempt to boost business optimism, the British Government published posters sporting Richard Branson with flowing locks and a cheesy million-dollar smile in front of a billowing Union Jack and the words, ‘The Easiest Place to set up a Business in Europe.’ Despite Branson’s smile and the sustained signs of economic recovery, it is still a challenge for UK graduates to secure appropriate employment. The poverty of the job market (which, although now expanding, still remains below pre-crash levels) is leading many young Brits to reconsider their options once they have left university. Though for many this means embarking on further education in the form of an MA, more and more are taking the plunge in attempting to start up their own business, some embarking upon this while still studying. This is an enthusiastically supported by the current Government who, beyond the Branson posters, have introduced not only startup loans but also the Growth Accelerator programme which hopes to boost fledgling businesses. Whether or not as a result of the Government’s policies, the UK has seen a revival in startups over the last few years. Last month StartUp Britain published a report stating that there were 136,939 new businesses recorded in the capital in 2013. The majority of these, perhaps unsurprisingly, were centered around ‘Tech City’ in East London. Across the Chanel Despite this glowing report, many bright young things from the UK are being urged to look abroad for employment opportunities. As flights become quicker and cheaper, and communication with friends and family only as far away as the next wi-fi connection, living and working abroad is becoming a much easier choice than it was a generation ago.
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