§ Mr. Harry GreenwayTo ask the President of the Board of Trade how many new businesses were started in the past year; how many people they employ; and if he will make a statement.
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§ Mr. McLoughlin[holding answer 9 February 1994]: Estimates of numbers of small business start-ups are produced by Barclays and NatWest. Their latest estimates indicate that there were around 400,000 new start-ups in 1993.
Estimates of employment in new firms are not available.