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Bedford a hotbed for young talent

October 2012

Young director appointments are on the rise in Bedford, according to the latest Duport Business Confidence Report for the area. Between January and June, the percentage of director appointments under 25 years old stood at 6%, compared to 2% during the same period in 2011.

South West Bedfordshire has also seen a rise in numbers of apprentices recently, with 280 people entering apprenticeships last year. This follows a large scale government initiative to increase apprenticeship opportunities. In 2011, £1.4bn was spent to create more than 450,000 apprenticeships, a 63% rise on the previous year.

Managing Director of, Peter Valaitis said:

"With rising numbers of young directors and apprentices, Bedford is becoming a great place to start a career."

"Our report contains even more promising data for Bedford, including a record number of company formations during the first half of the year."

The Duport Business Confidence Report provides an overview of the Bedford economy, providing data on everything from company registration to net company growth.

Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.

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