YORK has increased its rate of business start-ups quicker than every other area in North and West Yorkshire, new research has found.
The research, conducted by Leeds University Business School, showed York’s start-up figures increased by 38.8 per cent since the recession started in 2008. This is the highest change recorded across North and West Yorkshire.
In 2011, 1,693 businesses were set up in York, that’s 11 businesses per 10,000 members of the working age population. This is up from eight in 2008, according to BankSearch database records of new business bank accounts.
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Article published by The York Press
Source: Partially sourced from BankSearch Business Start Up Interactive Database.