Representatives from some of the UK’s leading high street banks and a team from the Department for Business, Innovation & Skills (BIS) met with BankSearch on Wednesday 15th October to discuss BankSearch’s Business Start-up Data Service.


BankSearch collects Open Data from Government sources and anonymised information from the main high street banks and uses it to provide comprehensive and timely data on company formations across the country.  The monthly data includes information about start-ups geographic location, industrial classification and the firm’s legal status.  And because BankSearch’s database is updated frequently with recent data, which extends back over the last financial crisis, it provides the most contemporary information on business start-ups in the UK.


At the user-group meeting detailed discussions were held about the possibility of advancing the exploitation of Open Data and further enriching the database.


Users commented that the service is ‘incredibly valuable’ to their work.


We would like to extend our thanks to all participants and to BIS for hosting this successful event.


To learn more about our Business Start-up Data Service please click here.