U.K. The first half of the year saw Slough break several economic records, according to new research by company formation agents Duport.co.uk.
It seems the economy of Slough flourished in the first half of this year. Not only did it break its own record for company formation, it achieved record-breaking levels of net company growth and saw more female directors appointed than any other first half of the year its history.
Figures in the Duport Business Confidence Report for Slough revealed there were 981 new companies formed during the six months to June – more than any other half year on record for the area and a 4% rise on the same period in 2012.
In addition, there was record net company growth (the number of company formations minus the number of company closures), with the company register growing by 398 during the first half of the year.
Further good news in the report included a rise in young director appointments and a record number of female director appointments between January and June.
Managing Director of Duport.co.uk, Peter Valaitis commented:
“The figures we are seeing for Slough paint a picture of a local economy that is gathering momentum in the wake of a difficult financial period. More new companies suggest returning business confidence and will help diversify the local business base.
“The rise in female directors and young directors is also great news, as it should increase a flow of new ideas within the business community of Slough.”
The Duport Business Confidence Report for Slough contains a wealth of data, from company formation numbers to new company naming trends.
More information can be found at http://www.duport.co.uk/slough.