New start-ups fall in South West
The South West was one of only two UK regions to see a fall in the number of businesses being started in the first half of 2024.
The region saw a slight drop of 0.85%, while Wales was down 9.99%, according to the New Startup Index published by Beauhurst and supported by NatWest.
The other 10 regions all saw an increase, led by Northern Ireland, which had an 92% jump. This was partly caused by retail businesses set up to trade online.
Paul Thwaite, NatWest group chief executive, said: “The UK’s potential for growth is made... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
