Trade analysts Experian has rated Northampton as the ‘best environment for business success’ in the UK after a 2013 study.
The town beat off Southall and South East London to second and third place in the survey, which rates urban areas across the country in terms of insolvency rates, financial strength, its number of start-up businesses and turnover growth.
Northampton scored full marks for turnover, start-up and insolvency rates and dropped just one point for financial strength.
Leader of Northampton Borough Council Councillor David Mackintosh (Con, Rectory Farm), said: “While this report reinforces what we already knew, it holds greater weight coming from such a high-profile and trusted source. As the Prime Minister said last year, Northampton is at the leading edge of the UK’s economic recovery and I’m delighted that we’re able to play our part.”
A spokesperson for Experian said it was the second year the town had shone in terms of business, having been named the most enterprising place in Britain in 2012 by the Department for Business, Innovation and Skills. Councillor Mackintosh went on to say that the ‘Northampton Alive’ regeneration project had boosted confidence in the town. He added: “With so much more to come, I honestly believe we will continue to blaze a trail for other towns and cities in the UK to follow.”
No entries from Wales or Northern Ireland featured in the Experian study’s top 20.