That is not good news, perhaps I will have to keep my flying as a very expensive hobby and "stress-relief" from my current employment then!
But what about a situation where perhaps I already have an aircarft, could I not set up my company and transfer ownership of the aircraft to that compant as a sort of start-up investment? And what would stop me and the Mrs and other family members from being the postholders?
I realise I am probably not going to make pots of cash from such an organisation, but at least perhaps I can earn some sort of living whilst building hours and business. Perhaps then go for ATPL when I have a chance of being given a second look by an airline? Seems a better bet than joining the massed ranks of unemployed fATPL holders. Or maybe I'm being just as naive but in a slightly different way?