Over 90 new businesses being created every hour

The number of new businesses being created in the UK jumped by 18 per cent year-on-year, according to research.

by | 16 Aug, 2022

Despite the economic backdrop, 93 new businesses were created every hour across the UK in the first half of 2022, according to small business lender iwoca.

Analysis of Companies House data revealed that over 402,000 businesses were registered in the UK between January and June 2022. London saw the highest business creation rate per capita with 1,587 new businesses per 100,000 residents, followed by the West Midlands with 571.

Read more at smallbusiness.co.uk

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