10% more companies started in the UK in 2012

Thursday 3 January 2013

Business

The number of small and medium-sized businesses active in the UK increased by almost ten per cent during 2012, it has been claimed.

StartUp Britain has reported record levels of entrepreneurial activity in Britain over the last 12 months, with 484,224 new companies coming into being.

This compares to the 440,600 new enterprises set up during 2011.

Emma Jones, co-founder of StartUp Britain, commented that there was "a clear increase" in start-up rates in 2012.

"Small and start-up business are the driving force of the British economy and at StartUp Britain we have seen plenty to celebrate over 2012," she stated.

"Times are hard yes, but it never ceases to amaze us when we see resourceful Britons making business ideas come to life in difficult times."

She said this has been evident in colleges and universities across the country, where levels of innovation are increasing.

Ms Jones noted that empty shops are gradually being filled up by ambitious start-up enterprises, as people look to get started in self-employment.

"We are looking forward to supporting more British businesses in 2013," she added.

Posted by Steve Williams