Is Britain’s love affair with entrepreneurship coming to an end? In each and every year from 2007 to 2016 the number of new businesses registered with Companies House increased; now, however, that trend has come to an end – last year saw a 10 per cent fall-off in start-ups, the latest data shows.
Some 589,009 new companies incorporated during 2017 according to Companies House, down from the record set in 2016 of 657,790. The numbers only provide a proxy for entrepreneurship, since sole traders setting up in business without launching a company aren’t included.
