New Businesses (Hansard, 17 January 1990)

HC Deb 17 January 1990 vol 165 c272W 272W

§ 143. Mr. Tim Smith
To ask the Secretary of State for Employment how many new businesses were started over the past year.

§ Mr. Eggar
In 1988, the latest year for which figures have been published, the net increase in the number of VAT-registered businesses was 64,000, an average of just over 1,200 per week. This was the net result of 230,000 new registrations and 166,000 deregistrations.