There was a significant increase in the number of new start-ups as well as a sharp drop in insolvency-related activity across Yorkshire and the Humber and the UK in the first month of 2025, according to the latest research from the UK’s insolvency and restructuring trade body, R3.
The research, which is based on an analysis of data provided by Creditsafe, shows a 35% increase in new business start-ups in the region in January, with insolvency-related activity falling by 30% in the same month.
The increase in business start-ups in Yorkshire and the Humber, from 3,235 new businesses established in December, to 4,375 in January, comes after a 16% fall in the number of new start-ups at the end of…
