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.
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.
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.
Manchester broke an all-time high for new company formations in March 2012.
1033 new limited companies were formed in the city of Manchester in March 2012, breaking the previous record of 934 set one month earlier in February.
The data, analysed by formations agents Duport Associates, also showed the Greater Manchester area reaching its third highest month for company formations hitting a total of 2114.
“Whilst journalists and politicians perpetuate stories about doom and decline, it’s clear that the people of Manchester remain motivated and mobilised. They are letting their entrepreneurial spirit shine during a time when the country needs it most,” stated Duport Associates’ Managing Director, Peter Valaitis.
The rise in entrepreneurial interest in Greater Manchester could be due in part to the regeneration of the area. With large institutions moving into Greater Manchester, such as the BBC’s move to its new Salford base, this positive investment in the area could be affecting the number of new businesses being formed.