The best place to build new busi­ness

County in the top 10 for start-ups

Buckinghamshire Advertiser - - BUSINESS - By Laura Mowat laura.mowat@trin­i­tymir­

NEW busi­nesses ‘could not have picked a bet­ter place’ to get go­ing.

South Bucks is in the top 10 in the UK for the num­ber of new busi­nesses started in the area so far this year.

In the first six months of 2015, 544 com­pa­nies were set up in the lo­cal au­thor­ity ac­cord­ing to data from Com­pa­nies House, the UK’s of­fi­cial reg­is­trar of busi­nesses.

Man­ag­ing di­rec­tor of Bucks Busi­ness First, Philippa Bat­ting, said: “It is good to see the en­tre­pre­neur­ial heart of Bri­tain is beat­ing stronger than ever.

“The start-up rates in each dis­trict are very en­cour­ag­ing, but es­pe­cially so in South Bucks which has been fly­ing the flag for Buck­ing­hamshire in the first half of the year. Bucks per­form­ing above the na­tional av­er­age for start-ups is no sur­prise given the suc­cess of our cur­rent crop of busi­ness lead­ers that in­spire the next gen­er­a­tion of en­trepreneurs to be­lieve that they can plot their own path to suc­cess.

“The 2,695 new busi­ness own­ers across the county could not have picked a bet­ter place to start their jour­ney.”

This is the equiv­a­lent of 79.4 busi­nesses for ev­ery 10,000 peo­ple liv­ing in the lo­cal au­thor­ity which is the ninth high­est num­ber for any area of the UK out­side of Lon­don. Across Buck­ing­hamshire as a whole 2,695 busi­nesses have reg­is­tered with Com­pa­nies House so far in 2015 which is the equiv­a­lent of 51.6 per 10,000 of the peo­ple who live in the area.

This is much bet­ter than the UK av­er­age of 48.9 per 10,000 peo­ple.

Ayles­bury Vale had the fewest num­ber of new busi­nesses start­ing in Buck­ing­hamshire rel­a­tive to the size of its pop­u­la­tion with 858 busi­nesses start­ing at a rate of 26.7 for ev­ery 10,000 peo­ple.

But even this fig­ure was only marginally lower than the av­er­age for Eng­land when Lon­don was ex­cluded.

Across the UK as a whole, just over 316,000 busi­nesses have reg­is­tered with Com­pa­nies House in the first half of 2015 at a rate of 48.9 per 10,000 peo­ple.

Eng­land had more busi­ness starts per head than any of the other three UK na­tions with 52.8 per 10,000 peo­ple and 40.4 per 10,000 once Lon­don is ex­cluded.

Scot­land was the next most likely place for busi­nesses to set up shop with 33.1 per 10,000 start­ing be­tween Jan­uary and June this year while in Wales it was 25.6 per 10,000 and in North­ern Ire­land it was 20.3 per 10,000.

EN­COUR­AG­ING: Philippa Bat­ting, MD of Bucks Busi­ness First

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