In 2014, a record number of new companies were formed in the UK, according to the national campaign group Start Up Britain.
‘Record numbers’ of anything results in two different media reactions — the “Wow, isn’t it amazing, aren’t we doing well” and the “Oh no, that’s far too many, what are we going to do about it”.
An additional 580,000 companies registering within one year might, to some, seem like an achievement. To others, like me, it seems like a growing bubble that will some day burst. [Read more…]