keep up to date with all the news and information affecting your small business.
The latest Duport Business Confidence Report for Dudley shows there was a decline in company formation in the area last year. However, the report also shows there was a reduction in company closures during the same period, suggesting trading conditions may actually be improving in the town.
Net company growth also fell slightly to 137, compared to 148 the previous year. But, considering net company growth stood at minus 72 in 2009, the slight drop may not be too serious an issue for the local economy.
A new report from Duport.co.uk shows there was a rise in company formation in Stafford last year, suggesting the local economy is beginning to recover from a difficult period.
The report also reveals there was a reduction in company closures, which led to a 57% overall increase in net company growth. This is encouraging news for the town, which suffered a severe drop in company growth during 2009. However, it has been rising steadily since then, suggesting local trading conditions are improving.
It seems the business community of Bath is becoming more diverse. Figures released by Duport.co.uk show the city was amongst the top ten UK towns for female director appointments and young director appointments during 2012.
Bath was placed at number ten for female director appointments and number 6 for director appointments under 25 years old, suggesting increasing diversity in entrepreneurs in the area.