Peterborough is a hotbed of business enterprise – which is good for everyone!

Felicity Evans • Aug 05, 2015

Picture: picjumbo.com

It’s been revealed that almost 2,000 new businesses were set up in Peterborough during 2014. That’s on average almost six new businesses a day! The second half of the year did particularly well – according to data made available by Opportunity Peterborough (www.opportunitypeterborough.co.uk) – setting a new record for number of businesses formed in the city over a six-month period. During the first quarter of 2015 another new record was set, with a net 305 companies created in the first three months.

Whilst this is something for everyone in Peterborough to be incredibly proud of, it’s also something to feel excited about, too. We’ve posted blogs before about how a strong, vibrant business scene strongly populated by small-to-medium enterprises (SMEs) makes for a stable and happy community, but this number of brand new businesses indicates not only the present but the future, too, is looking good. Peterborough has a long history of the inventive and hard-working coming to the city and starting their businesses – businesses that prospered and developed, and are now part of the very fabric of the area, providing career opportunities, community and charitable support, and valuable civic involvement. What will the seeds of businesses planted in 2014 and 2015 grow into? Who and what will they nurture?

And a future that’s bright for business is bright for recruitment, on both sides of the desk. More companies mean more jobs; more choices to learn, to train and develop skills; to earn a decent salary and to plan for what’s ahead. We’re really looking forward to staying right at the heart of the ongoing growth that’s enabling Peterborough to outperform the rest of the UK*, attracting new talent and innovation in the process. To be part of Peterborough’s bright future, for the very latest in job and staff availability, for information about the employment landscape and how you can move ahead in your career or with business development, check our website and our Facebook page, give us a ring, or come and see us.

* The net business creation rate in Peterborough is currently outperforming both the eastern region and UK average. Source: Opportunity Peterborough

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