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50 NEW START-UPS DAILY

Brits are spawning business boom as 50 start-ups open every day

STRIVING Brits are spawning a boom in business start-ups with 50 opening every day.

More than 115,000 have turned ideas into a reality since 2011, according to government figures.

 Three in four self-starters were on benefits before going it alone as entrepreneurs and now their firms are creating jobs
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Three in four self-starters were on benefits before going it alone as entrepreneurs and now their firms are creating jobsCredit: Getty Images - Getty

Nearly half were set up by women and 25,000 are run by an entrepreneur with a disability.

Three in four self-starters were on benefits before going it alone with help from the New Enterprise Allowance scheme.

Now they are not only running their own firm but creating jobs.

Work and Pensions Secretary Esther McVey said: “Thousands of people have taken up this journey.”

 Work and Pensions Secretary Esther McVey said: 'Thousands of people have taken up this journey'
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Work and Pensions Secretary Esther McVey said: 'Thousands of people have taken up this journey'Credit: AFP or licensors
Deborah Meaden is accused of flirting with entrepreneur on Dragons' Den

The NEA is available to claimants on certain benefits.

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