Drop in number of businesses shutting up shop

Fewer business closures were recorded in Blackpool last year, new figures show.

- by Gazette Reporter

Office for National Statistics figures, which are rounded to the nearest five, show about 710 businesses closed their doors in Blackpool in 2024-a fall from 770 the year before.

The data also shows some 530 businesses were created in the area last year, a fall from 565 in 2023.

Across the UK, the number of new businesses increased from 316,000 in 2023 to 317,000 last year.