Time for some good news!! With all the doom and gloom about the economy, it’s refreshing to receive some good news in the business start up sector – especially for us girls!
The results of a recent study released by Barclays show that the number of new business start ups has risen despite the economic down turn. 436,600 new businesses were started in the UK in 2008, up from 432,200 in 2007. Local Business manager for Barclays, Steve Cooper commented that “these figures may seem surprising given the current economic climate. There could be a number of reasons for the robust start-up market, including individuals made redundant opting for self-employment. We should also remember that there are always opportunities, even in more challenging times."
The number of women starting businesses has also increased – by 9%. 90,000 businesses were started by female-only applicants in 2008, in comparison to 83,000 in 2007.
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