More than four in ten firms set up since start of credi crunch in 2008 have folded – and the survival rate is getting worse

More than four in ten firms set up since start of credit crunch in 2008 have folded – and the survival rate is getting worseNearly one million firms shut down between 2008 and 2011The high street has also suffered particularly badly in the last few years the research says | UPDATED: 23:26 GMT, 13 December 2012 More than four in ten firms created since the credit crunch crisis in 2008 had gone out of business by 2011 – and the survival rate is getting worse.