The UK’s entrepreneurial activity is at its strongest level since 2011, according to the ninth Barclays Entrepreneurs Index, with particularly high figures around the numbers of start-ups and exit activity for companies under five years old.
The Entrepreneurs Index has been tracking the UK entrepreneurial lifecycle since 2011, providing a barometer of entrepreneurial activity across sectors and regions.
The headlines from this year’s report are:
Mergers and acquisitions of young enterprises has jumped 28% since last year, and is 50% higher than the first report in 2011.
646,000 new enterprises created since last year’s report – a record high.
Hotspots of growth regionally, with North West leading the way.
The number of companies receiving venture capital investment has decreased and the number of high-growth companies is 33% down from its peak in 2013.
However, while the number of companies receiving expansion funding has decreased, the overall value of this funding has increased by 70%.