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Britain on Track for Record Start-up Rate in 2013

British entrepreneurs are on track to start more than 500,000 new businesses in 2013, according to figures revealed by StartUp Britain.

Research from the national enterprise campaign shows 392,119 businesses have already been started this year, making the country on target hit 523,410 by the end of the year.

Emma Jones, co-founder of StartUp Britain said: “These figures are raw, they are unaudited, but what they are telling us is that there has been more growth in start-up rates – and we’re on target to hit the half-a-million target.

“At the beginning of the year the campaign pledged to do all it could to get the start-up figures up to 500,000 and it looks like we’re going to make it! Start-ups and small businesses represent 95% of all companies and employ more than seven million people.

“This is excellent news for the country as we head towards the final straight!”

The figures come direct from StartUp Britain’s Daily Tracker, an online tool which reveals the number of businesses registered with Companies House on a daily, monthly and yearly basis.

Last year 484,224 businesses were started, compared to 440,600 in 2011.

The numbers are verified by Companies House and 2013’s figures will be audited in March 2014.

This was posted in Bdaily's Members' News section by Liz Slee .