Written Question·Department for Business and Trade·UIN 102221
New Businesses: Operating Costs
Tabled: 2 January 2026
Answered: 7 January 2026
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Secretary of State for Business and Trade, what estimate he has made of the average start up costs incurred by first-time business founders in the UK.
Answer
Blair McDougallThe United Kingdom is one of the best places to start a business, boasting one of the highest business start-up rates in the OECD – 18.6 start-ups per 1,000 people in 2022. This compares to an average of 4.5 start-ups per 1,000 people across OECD members....
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