Figures published yesterday showed that between 2002 and 2003 there were 500 small businesses born each day – a net increase of around 200,000 firms.
Thanks to the flurry of launches, the business population rose from 3.8m to 4m. The DTI said that the increase was the highest ever since it started to compile the statistics in 1995.
Nigel Griffiths, enterprise minister, said: ‘Small and medium-sized businesses are the engine room of the UK economy. I am delighted that the sector is growing as a whole and that an unprecedented number of new businesses have been set up.’
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars