Blackburn breaks record for new companies formed over three months

First published in News

BLACKBURN broke its own record for company formation during the first quarter of the year, according to figures in the latest Duport Business Confidence Report for the town.

The new research from Duport.co.uk has revealed that over the three months to September, there were 259 new companies formed - more than any other third quater on record for the area and a 23 per cent rise on the same period in 2012.

Tthere was also a three per cent drop in company closures during the third quarter, leading to an overall increase in net company growth.

Managing director of Duport.co.uk, Peter Valaitis, said: “The rise in company formations is a fantastic sign that business confidence is on the up in Blackburn, while the drop in closures suggests that trading conditions are improving.”

Comments

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree