Number of Lancashire enterprises grows

The number of enterprises in Lancashire increased by 3 per cent between March 2013 and March 2014, the latest Barclays and BGF Entrepreneurs Index report reveals.

In the North West as whole there has been a 4.8% increase in the total number of companies in the year to March 2014, taking this number up tonearly 217,000 enterprises. This was the third largest rise across the country, behind only London and the North East at 7.7% and 5.2% respectively.

Despite this growth in early-stage entrepreneurial activity and exits, in line with a trend seen across the UK, there was an 8.4% fall in the proportion of high-growth companies in the North West.