New Businesses
(asked on 5th December 2014) - View Source
Question
To ask the Secretary of State for Business, Innovation and Skills, how many small and medium-sized enterprises have been started in (a) Barnsley East constituency, (b) Barnsley local authority area, (c) South Yorkshire and (d) the UK in each of the last five years; and what proportion of such businesses is still trading.
The estimated number of business start-ups in a) Barnsley East constituency, b) Barnsley local authority, c) South Yorkshire and d) Great Britain between 2009 and 2014 are shown in the table below.
These statistics are compiled from BankSearch data, which does not cover Northern Ireland. BankSearch does not report on the size of start-ups, nor the proportion of start-ups that were still trading in subsequent years.
Estimated number of business start-ups (2009 to 2014)
Year | Barnsley East constituency | Barnsley local authority | South Yorkshire | Great Britain |
2009 | 310 | 1,010 | 6,630 | 428,400 |
2010 | 400 | 1,190 | 7,350 | 482,830 |
2011 | 380 | 1,150 | 7,580 | 507,870 |
2012 | 370 | 1,120 | 7,400 | 489,780 |
2013 | 360 | 1,050 | 6,610 | 446,830 |
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Source: BankSearch: number of new business bank accounts opened. All figures rounded to nearest 10.