Do you run, or know of anyone operating a business in Rugby? If so there is some good news, it seems business may be picking up. There has been fewer business closures in Rugby than previously recorded as a recent report states:
“Fewer companies in Rugby closed in 2012 than 2011 – but there has also been a decline in the number of new businesses.
A total of 424 companies were dissolved in Rugby in 2012. The total is 7.8 per cent lower than in 2011, but compares unfavourably with the UK figure of a 6.6 per cent decrease compared to the previous year.
Meanwhile, 642 companies were formed in Rugby last year. The total is 2.9 per cent lower than in 2011 and is lower than the UK figure of an 8.6 per cent growth.
The figures come from ‘business formation agents’ duport.co.uk – and managing director Peter Valaitis believes they give grounds for optimism. He said: “Rugby suffered at the height of the recession. However, it’s good to see that new companies continue to be set up.”
The above excerpt from: http://www.rugbyadvertiser.co.uk/
In a time when a lot of the news feeds begin with the words ‘Triple dip recession’ it’s nice to find the silver lining in the storm clouds. While the report on Rugby still shows that there are numerous closures occurring it is nice to recognise that the rate at which those closures are happening is easing off.
Sadly the number of new businesses is lower also, but it is still prudent to realise that times are hard, and even despite the governments steps to reinvigorate business through adequate business loans, the banks are still hesitant to properly back small businesses, the Federation of Small Business (FSB) has made many angry noises but the banks themselves still defend their position.
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