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New firm numbers drop by one-third in a year

The number of people starting their own business has fallen by more than one-third since last year, according to new figures.

The number of people starting their own business has fallen by more than one-third since last year, according to new figures.

The number of start-ups for the second quarter of 2008 was 5465, compared with 8365 in the same quarter last year - a 35% drop.