Record Number of UK Businesses Started by Women by 2022

A record number of UK businesses were started by women last year. Research by the Scottish bank and insurance company NatWest Group shows that 151,600 companies were added last year with an all-female board.

This is one in five newly established companies in the UK.

The number of UK businesses founded by women in a year has more than doubled since 2018. That year, over 56,000 businesses were started by women. By 2021, some 145,000 new businesses in the UK will be founded by women. The largest increase was seen among girls and women aged 16 to 25.

NatWest CEO Alison Rose told the Financial Times that female entrepreneurs want to capitalize on the tough economic times and go their own way.

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