Data from company information outfit DueDil revealed 4,935 new companies started up in Liverpool in 2016, compared to 4,525 the previous year. Tony McDonough reports.
New figures show 14 new businesses were set up every day in Liverpool in 2016.
A study by company information outfit DueDil revealed 4,935 new companies started up in Liverpool in 2016, compared to 4,525 the previous year – an increase of 9.06%. Birkenhead also saw a significant rise in the number of startups, with an 13.86% increase.
Across the Liverpool city region there was a 5.45% rise in start-ups to 11.259.
Liverpool saw the highest rate of growth followed by Halton with 4.32% growth, Wirral and Sefton both with 4.11% and St Helens with 2.02%.
On the negative side Knowsley was the only one of the six boroughs to see a fall in the number of start-ups, dropping 4.58% to 709.
The DueDil data shows Liverpool’s annual start-up growth was higher than that of Manchester which recorded a 7.71% increase.
However, Greater Manchester saw 91 start-ups per day in 2016 – more than three times the figure of 30 for Merseyside.
In Warrington, the number of startups rose by almost a third with a 28.44% increase from the previous year.
London saw the largest number of startups overall, with 213,659 new companies registering in 2016.