Business conditions remain “tough” in Yorkshire, according to recent data.

Yorkshire and the Humber saw a drop in new company registrations, with only 4,009 businesses launched in November compared to 4,709 in October.

This is according to data from Creditsafe analysed by the UK’s insolvency and restructuring trade body R3.

The 15 per cent decrease reflects a wider national decline, though other regions saw even sharper falls.

Dave Broadbent, chair of R3 in Yorkshire and partner at Begbies Traynor, said: “Yorkshire’s businesses are continuing to face tough trading conditions, and it’s no surprise to see that new business creation has slowed again.

“While we have also seen a fall in insolvency-related activity this month, pressures around cashflow, business costs, and the rising cost of living remain very real for many firms across the region, with smaller businesses bearing the brunt.”

Insolvency-related activity, which includes liquidator and administrator appointments, also declined in the region.

Yorkshire recorded 218 cases in November, down from 258 in October, a drop of 16 per cent.

Mr Broadbent added: “As we move into 2026, it’s vital that business owners monitor their financial position closely and act early if they see signs of distress.”