Data from the Department for Business, Innovation and Skills shows that at the beginning of 2010 the country had an estimated 4.5 million private sector companies, a rise of 1.1 per cent on the number recorded at the beginning of 2009.
Commenting on the rise, which represents 48,000 new companies, business and enterprise minister Mark Prisk said the news is "encouraging" and the focus now needs to be on enabling these firms to thrive.
"I am determined that the government will do everything it can to create the right environment for these businesses to now expand and grow, and also to encourage more people to set up on their own," he added.
Meanwhile, the Recruitment and Employment Confederation recently claimed that the global recruitment industry, including the sales recruitment sub-sector, is now well on the road to recovery after the economic downturn.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News