Birmingham start-ups falling twice as fast as rest of West Midlands

The rate of new businesses being created in Birmingham has fallen more than twice as fast as the rest of the West Midlands since 2019, according to new analysis.

The number of new businesses in the city, measured as businesses registering for VAT or PAYE for the first time, fell from 7,430 in 2019 to 6,500 in 2024, according to an analysis of ONS data by Censal Research.

Per adult, that is a 16% fall, from 8.7 to 7.3 new businesses per 1,000 adults. The typical West Midlands council saw... 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...