Start-Ups Slip by 1,100 but More Women Deciding to Take the Leap ; Number of People Setting Up Still High, Despite the Crunch

Western MailApril 18, 2009

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Summary


THE number of business start-ups in Wales fell by more than 1,000 last year, as the recession hit the small business sector.

According to Barclays, in 2008 17,700 companies were established by budding entrepreneurs, compared to 18,800 the year before.

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Start-Ups Slip by 1,100 but More Women Deciding to Take the Leap ; Number of People Setting Up Still High, Despite the Crunch

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The figures have led to calls for greater support for an area of the Welsh economy seen as crucial to future growth.

Jamie Long, Barclays' head of local busi...

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