The ongoing development of high-speed internet in the UK is encouraging more Brits to set up their own businesses from home, according to BT.
Head of start-ups at BT Business Ian Bushby has told Startups.co.uk that people are now encouraged to run an enterprise from home due to the availability of faster and more reliable broadband connections.
He also pointed to figures which show that 60 per cent of new firms are started from home and suggested that cutting rent costs was another advantage of setting up a company in this way.
Mr Bushby commented: "The development of reliable, fast broadband connections and technology and communications that support working from home, means the trend towards more home start-ups will continue in the long run as people are able to manage the full gamut of business tasks from the comfort of their homes."
Prime minister Gordon Brown recently indicated he would be happy to use public money to invest in a next-generation broadband network, helping British businesses through the recession.