New Business Start Ups Wales + UK
Thursday, July 3rd, 2008source: Western Mail 24th June 2008 - Business in Wales section -Sion Barry (artcile on Barclay’s Bank ResearchQ1 2008)
S Barry writes- “Despite the economic gloom - 4,300 new businesses launched Q1 2008 in Wales and 98,200 for UK in total.”
In S Barry’s article, the figures show that Wales differs from the UK in New Start Up (NSU) business types: with 21% of Welsh NSUs in Business and financial services versus 27% for the UK in total. Using Q1 08 figures, it shows that once again, the number of NSUs for 2008 in Wales should be around 17,000 and for the UK about 400,000
Woosabi’s focus of NSUs continues, while not ignoring established small and medium businesses (SMEs). In my “humble and very unbiased!!???” opinion, Woosabi is ideal for SMEs and essential for NSUs.
