UK businesses were created at the fastest rate in almost a decade last year as confidence increased against a backdrop of economic recovery. The business “birth rate”, which measures new companies as a proportion of all enterprises, was 14.1% in 2013, the highest since records began in 2004. The proportion of business “deaths” fell to 9.7%, the lowest level since the financial crisis took hold in 2008. All great news for entrepreneurs and UK business!
