Manchester saw 36 new businesses created every day in the first half of 2022 — a huge rise of 34 percent compared to the same period last year.
Analysis of Companies House records by iwoca shows that 6,431 firms were registered from January to June of this year, meaning there were 1,165 new companies per 100,000 people. That rate is the second-highest in the country, with Manchester only behind London.
To see why the city is a magnet for start-ups, the Manchester Evening News spoke to two new businesses on how they got set-up. Primo Bagel and Loaf Mcr, both food firms, are based in the city centre.