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Southampton 'best city' for self employed

Southampton 'best city' for self employed

Southampton has been named the best city in the UK for the self employed, according to new figures from accounting firm QuickBooks.

Based on a survey of 5,000 self employed workers from around the country, the study found that freelancers and contractors earn an average of £5,000 more than their counterparts living elsewhere in the UK.

This additional income means self employed workers based in and around Southampton enjoy a mean annual income of £39,024 from an average working week of 26 hours, compared to the national average of £32,000 for 28 hours work.

The report also found that 79 per cent of those working for themselves in Southampton felt they had control over their schedule, while a further 69 per cent were confident that they had the flexibility to work on their terms.

London achieved the second highest ranking, boasting an average income of £35,779 for 27 hours of work each week, while self employed workers in Edinburgh earned £35,285 for 28 hours work.

Commenting on the study, Dominic Allon, vice president and managing director of Intuit Europe, suggested that Southampton's residents had managed to achieve the better quality of life that many self employed workers seek when they give up their employment.

"This ranking will be particularly welcome news to Southampton residents, where the workforce has carved out the best balance to earn more, work less and be happier," he said.

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