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Northampton continues to nurture entrepreneurial spirit

Posted: 01/02/17 by Northampton Borough Council

Northampton has maintained its position as one of the most entrepreneurial places in the UK, according to the latest report from Centre for Cities.

Cities Outlook 2017 puts Northampton in second place for business start-ups, second only to London.

The report shows that during 2015 – using the most up-to-date comprehensive records available – Northampton had 100.4 new start-ups per 10,000 population.

Only London was higher with 112.4, while third-place Slough had 86.5, and Northampton was the only place in the East Midlands to make the top 10.

Northampton also took sixth position for the number of businesses per 10,000 population, up from 364 in 2014 to 403 the following year. Of the entire top ten, Northampton had the greatest year-on-year growth in this area at 10.7 per cent.

Cllr Tim Hadland, Northampton Borough Council Cabinet member for Regeneration, Enterprise and Planning, said: “This year’s report confirms what we already suspected – that Northampton continues to nurture, support and encourage enterprise.

“We have one of the best geographical positions in the country, one of the UK’s strongest-performing Enterprise Zones, and plenty of people willing to take calculated risks for the rewards they can bring.”

High employment – 78.7 per cent – put Northampton in the top ten yet again, with a modest 0.1 per cent increase on last year’s figure.

And for the second year running, Northampton held a top-ten spot for population and housing growth.

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