The rise of self-employment is creating a new wave of freelancer co-operatives, as Ed Mayo explains Last week I went to Walthamstow for the launch of the latest outlet for the fast-growing freelancer co-operative, IndyCube, working with the support of the union Community. The initiative has been brokered by the local Labour & Co-operative MP, Stella Creasy, who explained that ‘nearly 15% of residents in Walthamstow are now self employed, with many facing insecurity in their incomes as well as losing considerable time and money trying to stay afloat’. With wonderful symbolism, the setting is a former Co-operative Bank on Hoe Street. Through the Hive programme, the Co-operative Bank has been directly supportive of a new generation of co-operatives, such as freelancer co-ops. We are likely to see local events or support from the Hive perhaps now delivered via this setting in east London. The rise of freelancer co-operatives is now … (To read the full article, subscribe below)

Ed Mayo
Ed Mayo is secretary general of Co-operatives UK