London top spot for start-ups

London is the top spot for entrepreneurs in the UK, according to the latest data from Companies House. The capital accounts for more than three quarters of the total firms started up in the year to 31 October.

In total 359,640 of the 481,195 total new businesses registered were based in London. The release of the figures, coincided with yesterday being marked as “National Start-Up Day” in a bid to encourage entrepreneurship.