That’s not really a useful metric. [4900](https://www.economy-ni.gov.uk/news/northern-ireland-business-demography-statistics-2020) business shuttered in 2020 in NI (94 p/w). A more useful metric that would really give a better idea on how the cost of living is impacting business would be showing how many new businesses were “birthed” this year compared to the past couple of years.
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That’s not really a useful metric. [4900](https://www.economy-ni.gov.uk/news/northern-ireland-business-demography-statistics-2020) business shuttered in 2020 in NI (94 p/w). A more useful metric that would really give a better idea on how the cost of living is impacting business would be showing how many new businesses were “birthed” this year compared to the past couple of years.