North West emerges as the UK’s new business powerhouse

North West emerges as the UK’s new business powerhouse

London has long dominated the UK’s business landscape, but new data from  Funding Circle reveals that the North West is now the strongest business hub outside the South. With 32,940 new businesses registered in 2024, the region is outpacing other areas and proving to be a key destination for entrepreneurs and SMEs.

North West UK recognised as new business 'powerhouse'

Outside of London and the South East, the North West of England has emerged as a leading destination for new businesses of all sizes. A new report has revealed that the North West is rising through the ranks as a key UK region for entrepreneurs and start-ups, led by the cities of Manchester and Liverpool during 2024. Over the course of the year, according to Funding Circle, 32,940 new businesses were registered in the region, with significant gr…

Good News Friday: North West businesses most likely to anticipate growth, new report finds - Londonderry Chamber

Optimism for our local businesses and economy in the North West is thriving, according to the British Business Bank and Enterprise Northern Ireland’s second annual Access to Finance report. It revealed that 73% of businesses in the Derry City and Strabane District Council area expect to grow over the next 12 months, making it the most optimistic of the six regions within Northern Ireland contained in the report. The 73% expected growth rate has …