Fall off in company start-ups

There was a 18 per cent fall in the number of new companies formed in the first half of this year, raising concerns that the economic slowdown is deterring entrepreneurs.

6th September, 2008

There was a 18 per cent fall in the number of new companies formed in the first half of this year, raising concerns that the economic slowdown is deterring entrepreneurs.

Figures compiled by business intelligence firm ICC Information show that 8,192 new companies were incorporated from January to June this year, compared with 10,009 in the same period last year. The number of construction firms incorporated fell almost 38 per cent, while the finance, property and...

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