London and South East “best” start-up locations in UK
526,000 new businesses launched in 2013, according to latest statistics
New figures reveal a record number of start-ups launched last year; 526,446 new businesses, with Greater London and the South East suggested as Britain’s “entrepreneurial power house.”
Released today by national enterprise campaign StartUp Britain using Companies House data, the findings map out the most active start-up communities across the country for 2013 and sites Greater London as the top performing region with 136,939 start-ups registered.
Outside of the South East, Birmingham and Manchester were found to be the next entrepreneurial “hot spots” with 16,281 and 11,765 new businesses registered respectively.
High levels of new businesses were also recorded in South Yorkshire, the Midlands and Scotland.
The research follows recent government statistics which suggest that micro businesses and start-ups represent 95% of all companies in the UK.
Emma Jones, co-founder of StartUp Britain said: “We’ve been looking at these figures carefully for three years since the campaign began and it’s clear the UK’s start-up community is growing year-on-year.
“These figures are raw and hot off the press but the new regional statistics reveal a power house in the South East and London – which is what we were expecting – but there are also impressive pockets of entrepreneurial activity in the North West, South Yorkshire, the Midlands and Scotland.”