New Businesses
(asked on 11th April 2019) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many start-up businesses have been created in (a) Medway, (b) Kent and (c) England since 2010.
When looking at business start-ups we look at business births, this is because there is no direct measure of the number of business start-ups in the UK.
The Business Demography Publication by the Office for National Statistics details the number of business births in the UK with data available from 2012.
Business births are defined as businesses newly registered for at least one of VAT and PAYE.
The following table gives the number of business births in Medway, Kent and England from 2012 to 2017:
Birth count of new businesses | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | Total period: |
a) Medway | 940 | 1,215 | 1,230 | 1,370 | 1,470 | 1,305 | 7,530 |
b) Kent County | 6,325 | 7,745 | 7,680 | 8,335 | 8,730 | 7,895 | 46,710 |
c) England | 239,660 | 308,565 | 312,920 | 344,065 | 373,580 | 339,345 | 1,918,135 |