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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Why the UK is seeing a surge in employee-owned businesses?

Once seen as a left-field business model, employee ownership is now on the rise across the UK.

Figures from the White Rose Centre for Employee Ownership show there 250 new employee-owned businesses created between January 2020 and June 2021. An estimated 100 more transitioned in 2021 and growth has continued in early 2022.

It is estimated that there are a total of around 730 businesses in the UK currently employee owned.

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