14.0% more businesses started up in mainland Britain during the first seven months of this year than compared to the same period last year. This was a faster rate of increase than in England and Wales where the number of company formations rose by 13.0% and 6.0% respectively during the corresponding time period.
In Britain 46,247 new businesses started up in July 2010, 1,184 more than the previous month. There are wide variations in the number of start ups across the country. So far this year Scotland (+21.2%) London (+19.4%), North East (+16.4%) and Yorkshire (13.7%) have seen strong year-to-date growth compared to the corresponding period in 2009. Wales (+6.0%), the West Midlands (+6.6%) and North West (+9.8%) had the weakest growth.