Halifax created eight eBay millionaires last year

eBay UK has named Halifax one of ten “eBay millionaire capitals”, as it reveals the town created 8 eBay millionaires in the last year.
By Abigail Kellett
Published 23rd Oct 2020, 09:00 BST
Updated 23rd Oct 2020, 11:14 BST
Halifax created eight eBay millionaires last yearHalifax created eight eBay millionaires last year
Halifax created eight eBay millionaires last year

Halifax came in 10th place, along with Nottingham and Oldham.

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The top ten eBay millionaire capitals include:

1. London (52 new millionaires)

2. Manchester (36 new millionaires)

3. Birmingham (35 new millionaires)

4. Leeds (14 new millionaires)

5. Bradford (13 new millionaires)

6. Leicester (12 new millionaires)

7. Rochdale (11 new millionaires)

8. Glasgow (10 new millionaires)

9. Bolton (9 new millionaires)

10. Halifax, Nottingham and Oldham (8 new millionaires)

The new data from eBay, also finds the number of new, self-made millionaires on the platform has risen by 35% in the last 12 months as British entrepreneurialism continues to thrive despite challenging trading conditions prompted by the pandemic.

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As the cost of Covid-19 on businesses is fully realised and the UK prepares to enter into a recession in the coming months, eBay predicts growing economic uncertainty will create a new wave of “post-pandemic entrepreneurs”.

Murray Lambell, UK General Manager, eBay said: “The uplift in new self-made millionaires on eBay proves that Britain’s entrepreneurial spirit is alive and kicking, despite the challenging economic times we are facing.

"The pandemic has certainly hit business hard, but it has also shown that entrepreneurs are cut from a different cloth and can turn a crisis into an opportunity, making millions in the process. It is these forward-thinking small businesses who will help power the UK’s economic recovery and thrive in the long term.

"That’s why eBay is committed to providing a platform for these side-hustlers, lockdown start-ups and entrepreneurs, helping to deliver growth for the economy and communities across the UK.”

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When it comes to the most lucrative product categories for eBay entrepreneurs, the top ten list reflects consumer spending trends of our “new normal”, including a rise in the number of Brits taking on home DIY projects and working remotely, as well as a boom in Brits getting in shape and recreating salon experiences from home.

Related topics:HalifaxNottinghamOldhamLondonManchesterBirminghamLeedsBradfordLeicester