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15th January 2019

Business formations recover to reach new high in 2018 says CFE research

he latest Companies House data, as analysed by the Centre for Entrepreneurs (CFE), shows that business formations recovered from a drop in 2017 to reach a record 663,272 in 2018.

 

“It is encouraging to see formation numbers recover and hit a new high,” says Matt Smith, director of the Centre for Entrepreneurs. “These figures demonstrate the resilience and confidence of entrepreneurs across the country, confirmed by a 5.7% increase of business registrations and the strengthening of London as Europe’s leading startup hub.”

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