House sold to start up choc business
Media playback is unsupported on your device
Video

Haverfordwest couple sold home to start up chocolate business

The number of new businesses starting up in Wales has dropped by 26% over five years, figures obtained by a banking group have shown.

UK-wide there was a 19% fall, with a 20% drop in England and 3% in Scotland.

Data from BankSearch for Lloyds Bank showed almost half of Scotland's regions recorded growth.

The bank said the downward trend was likely to be in response to the "uncertain economic environment".

Karen and Mark Owen decided to give up their high-pressure jobs to set up the Wickedly Welsh chocolate company in Haverfordwest, Pembrokeshire in 2014.

They even sold their home to finance the project and Mrs Owen told BBC Wales business correspondent Brian Meechan it was not easy to find support quickly when they needed it.

  • 11 Jan 2017
Go to next video: Starting up when you are over 65