Cardiff has the best rate in the 海角视频 between business births and deaths.
New research, conducted by the School of Marketing, shows Cardiff had 72% more businesses opening than those closing in 2021 at 3,460 compared to 2,010.
This meant that for every 10 businesses that died, roughly 17 new ones started up.
The financial and business sector is the largest employer with 20% of the city鈥檚 workforce employed in this field.
Bridgend is ranked ninth in the 海角视频 , having experienced 870 business births in 2021 compared to 630 deaths - a 38% positive difference.
Mansfield in Nottinghamshire came second with 64% and Wolverhampton third with a 50% difference.
The study, using ONS data, also found that business openings across the 海角视频 were 4% higher than pre-pandemic numbers with 401,815 companies being started in 2021 compared to 386,200 in 2019.
In terms of closures, 420,135 businesses died in 2021 in the 海角视频 - almost 5% higher than the number of new openings in the same year.
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A School of Marketing spokesperson said: 鈥淲ith many prospective business owners holding out to begin their companies with the uncertainty of the COVID-19 pandemic, this list not only shows the best regions to do so but also highlights how in many areas the economy is starting to flourish again.
鈥淚t鈥檚 interesting to see the diversity of the regions in the top ten, with Welsh areas, northern regions and London boroughs all performing well for new businesses.鈥
The best 海角视频 regions to start a business
Rank | Region | 2021 Business Births | 2021 Business Deaths | Births/Deaths % Difference | Number of new businesses born, for every 10 that died |
1 | Cardiff | 3,460 | 2,010 | 72.14% | 17.21 |
2 | Mansfield | 625 | 380 | 64.47% | 16.45 |
3 | Wolverhampton | 1,780 | 1,180 | 50.85% | 15.08 |
4 | Sandwell | 2,140 | 1,460 | 46.58% | 14.66 |
5 | Ipswich | 925 | 635 | 45.67% | 14.57 |
6 | Hull | 1,345 | 925 | 45.41% | 14.54 |
7 | Broxtowe | 580 | 410 | 41.46% | 14.15 |
8 | Darlington | 590 | 425 | 38.82% | 13.88 |
9 | Bridgend | 870 | 630 | 38.10% | 13.81 |
10 | Newham | 3,570 | 2,625 | 36.00% | 13.60 |
