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Sharp takes, deeper dives
The everyday, explainedBy Huw Allen

Startups. Britain is still backing itself.

The UK just hit a record number of new startups this year. Despite the gloom, people are still backing themselves, and that is worth celebrating.

THE GIST ON STARTUPS: "Optimism"

Thumbnail for The Gist on Startups, titled "Optimism".

Watch "Optimism": The Gist on Startups.

Is the UK really starting more businesses?

More people are launching businesses than ever before, from tech to food to creative industries. Thousands of new companies are being registered every week. Not the vibe you'd expect when the headlines are about inflation, layoffs, high interest rates and rising taxes.

Why is it happening?

Partly because tough times push people to take risks. If a job feels uncertain, starting something starts to make a lot more sense.

And partly because the barriers are lower than ever. Online tools, AI and social media mean you can get a business going with almost nothing.

What does it tell us?

Beneath the bleak headlines there's still optimism. This surge shows the resilience and creativity bubbling under the surface, and that might be what pulls the economy forward.

Would you start a business tomorrow?

Your take. One tap, then see how everyone else voted.

Quick answers

Why are more people starting businesses?

Tough times push people to take risks, and online tools, AI and social media make starting up cheap.

Is the UK economy booming?

No, Huw says the headlines are gloomy, but the startup surge shows resilience and optimism underneath.

See you on the next one.

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