Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what proportion of start up businesses in the creative industries closed in the UK in the last five years.

Of the 14,500 businesses in the ‘Creative, arts and entertainment activities’ sector that were set up over the five years from 2016 to 2020, 32% had closed by 2021. (ONS, Business Demography, 2022)