The Seventh Barclays and BGF Entrepreneurs Index examines the entrepreneurial landscape in the UK by looking at levels of activity occurring at different stages of the entrepreneurial lifecycle.
The report analyses a number of datasets to provide a snapshot of entrepreneurship in the UK – from start-up, to growth, and the point of liquidity at which wealth is created.
The key findings of this seventh volume of the index found that:
Dena Brumpton UK, Head of Wealth Management at Barclays says “The dip in the number of companies that are dissolving is testament to growth in business confidence we have seen in recent years, allowing UK businesses not just to start up, but to succeed”
“These results are particularly encouraging as the business landscape in the UK is changing, with a relatively small number of small and medium enterprises delivering a significant impact on economic growth, employment and wealth creation”
Brumpton adds that since 2012 the appetite for creating new businesses has grown exponentially, due to a number of factors, from an improving economy to the rise of entrepreneurs over the age 50.
Source: Barclays and Smallbusiness.co.uk
Tags: Skills and Employment, Economy, Organisational Performance