Corby Breaks Record for New Companies

Corby has seen a record number of new companies being formed during the second quarter of 2012, according to data analysed by company formation experts, Duport.co.uk.

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New businesses are forming in Corby

Corby is a great place to start a business, with affordable rates and fantastic links to London St Pancras.

UK (PRWEB UK) 1 September 2012

Corby: Northamptonshire town, Corby has seen a surge in new companies during the second quarter of the year. There have been 85 new company registrations during the period, more than any other second quarter on record for the area. The figure comfortably beats the previous record of 68 new companies set during the second quarter of 2011.

Corby suffered during the decline of the steel industry in the late 70s. By the end of 1981 over 5,000 jobs had been lost from British Steel in Corby, and further cuts took the total loss to 11,000 jobs, leading to an unemployment rate of over 30%. However, the town began to recover in the 1990s when new industry was attracted to the area, due to the work of private investors and its establishment by the government as an Enterprise Zone.

Work on regenerating Corby is ongoing. Public and private sectors have teamed up to deliver projects worth more than a quarter of a billion pounds. The population of the town is predicted to double to 10,000 in the next 20 years, and the area has recently been listed number one in the top ten up-and-coming areas to live.

Managing Director of Duport.co.uk, Peter Valaitis said:

“Corby is a great place to start a business, with affordable rates and fantastic links to London St Pancras. The large-scale development that is going on in the area will provide a great launch pad for new companies too.”

Corby may have had a difficult past, but the record number of new companies seen during the last quarter bodes well for a bright future.

Duport Associates Ltd is a leading UK company formation agent, operating in the UK for around 15 years. Duport registers around 10,000 new companies each year using its Companies House approved software. The Company Register which is maintained by Companies House contains public information about Limited companies and directors.


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