Findings from the Global Entrepreneurship Monitor UK, published today by Aston University, revealed that in 2011, more than one fifth of adult Britons either expected to start a business in the next three years, were actively trying to start a business, or were already running one.
National enterprise campaign StartUp Britain’s co-founder Emma Jones said: “I’m delighted to see these results show the highest recorded number of people starting a business.
“Across the country, people are turning a hobby into a way of making a living and spotting niche gaps in the market to fill. It’s never been so cheap to start a business and there’s an abundance of support available. The UK just keeps smashing records when it comes to the rate of start-ups. Long may it continue!”
Whilst the number of people reporting they were looking to start a business through necessity or lack of employment alternative increased, the number of people trying to start new businesses because they spotted an opportunity also rose significantly.
