City AM: Britain is in debt to a new generation of foreign entrepreneurs
Allister Heath covers Migrant Entrepreneurs: building our businesses, creating our jobs in City AM.
It is worth highlighting, in the context of the recent row over letting in more migrants from Eastern Europe, that the DueDil study also discovered that Britain is now home to 8,798 Bulgarian entrepreneurs responsible for 8,398 UK companies and 10,931 Romanian entrepreneurs responsible for 10,693 companies.
In fact, the real story is even stronger than this data suggests. All the figures are based on companies where founder directors classify themselves as non-British. The analysis thus focuses exclusively on foreign nationals and does not include immigrants who have taken British citizenship since moving to the UK. This means that the actual numbers of entrepreneurs and companies founded by migrants born overseas is bound to be even higher than indicated in the report.
Read the article here.