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New report shows enterprise is alive in Northampton

19 January 2015

The new Cities Outlook report from Centre for Cities ranks Northampton as one of the best places in the country for new business start-ups.

It identifies that there were around 1,440 new businesses launched in the borough during 2013, placing it at number three in the UK.

And digital connectivity was highlighted as a particular strength, with more than 80 per cent of homes and businesses able to receive super-fast broadband.

Dr Ann Limb OBE DL, Chair of SEMLEP, said: “ SEMLEP is well aware of Northampton’s potential  for enterprise and encouraging new business start-ups. This is why the SEMLEP Board decided that Northampton would be the home of our Waterside Enterprise Zone.  This has already delivered nearly 700 new jobs with a focus on the highly skilled area of advanced engineering.”

Councillor David Mackintosh, leader of Northampton Borough Council and SEMLEP board director, said: “We already knew that Northampton was one of the most enterprising places in the country.

“This report shows we have a vibrant business sector, and there can be no doubt that the Northampton Waterside Enterprise Zone has been a contributing factor in that.

“Our Northampton Alive programme of regeneration, supported by a strong partnership approach, is paying dividends as it lifts private sector confidence.”

Employment is also a high point from the report, with 104,900 – 73.5 per cent of people – in work, placing the borough sixteenth of 64 towns and cities in the study.

The report shows the number of Jobseekers Allowance claimants is at an average level, but recent efforts to get young people into work are paying off.

While secondary school qualifications showed room for some improvement, the number of people with high-level qualifications remained buoyant.

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