10% surge in start-ups

The number of start-up businesses was up by almost 10 per cent in 2012, according to initial figures revealed by a national enterprise campaign.

StartUp Britain said 484,224 businesses were started last year, compared to 440,600 in 2011.

Emma Jones, co-founder of StartUp Britain said: “Times are hard, but it never ceases to amaze us when we see resourceful Britons making business ideas come to life in difficult times. We are looking forward to supporting more British businesses in 2013.”

StartUp Britain’s daily tracker is an online tool that reveals the number of businesses registered with Companies House on a daily, monthly and yearly basis.

The group confirmed that the preliminary 2012 figures will be audited in March 2013.