New companies hit a record highApr 11, 2013
A total of 2,725 opened their doors in 2012 – a 13% rise on the previous year. And, with a fall in company closures, the year was a record one for net company growth.
The latest Duport Business Confidence Report also reveals that Milton Keynes broke its own record for company share, reflecting its growing importance in the UK economy.
2013 looks set to be just as successful, with accountancy firm PwC predicting GDP growth in the region to reach 1.8% this year, the highest growth outside Greater London and the South East where the recovery is strongest.
Dupport.co.uk managing director Peter Valaitis said: “Milton Keynes is becoming a very significant economic hub, as the statistics in our report attest.
"The record number of new companies setting up here will diversify and strengthen the economic base, helping the area gain further momentum in years to come.”