Business closures have overtaken openings for the first time since 2010.
The number of businesses set up in 2022 dropped by 7% to 337,000 compared with 2021, driven by sharp decreases in retail, real estate, construction and couriers.
In the same period, there was a 5% rise in the number of business closures.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
