The economic role of freelance contractors working through umbrella companies and limited companies was highlighted this month by the PCG at the All Party Parliamentary Group (APPG) for the freelance sector.
The PCG’s aim was to generate discussion on how the Government can strengthen the economy by embracing the flexible working model exemplified by these often highly skilled workers. The event, the first roundtable of the APPG, took place at the House of Commons and was attended by representatives from trade associations, business leaders, and academics. It was chaired by Brian Binley MP.
John Brazier, PCG’s Managing Director, told the meeting that the UK’s freelance workforce today numbered at least 1.4 million, covering all industries from media to construction. “We believe this figure is increasing and is adding value to the economy in a time of slow growth. Now is the time to come together and work with Brian and the APPG to highlight these issues. This event will allow the APPG to produce a report to raise awareness of freelancing in Government and amongst policymakers,” he said.
The meeting also heard from Professor Andrew Burke, founder and Director of the Bettany Centre for Entrepreneurial Performance and Economics, who explained that the task of securing wider appreciation of the role of freelancers had been hampered by a lack of research that could validate their economic importance. The PCG responded by pledging to address the issue in the months ahead, aiming to produce new research in time for the next National Freelancer’s Day on 23rd November.
The APPG aims to compile a report on “The Value of Freelancing” and present it to MPs in the autumn.