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Luton start-ups break record

138 new company registrations were accepted by Companies House from the Luton area, breaking the previous 14-year-old record, according to Duport.co.uk.

Research from the BBC recently suggested that Luton is one of the country’s top places for business growth.

A major regeneration strategy is currently underway in Luton, following the council’s successful bid for central government regeneration money.

The project aims to improve infrastructure, generate more jobs in a variety of sectors and help businesses compete.

Managing director of Duport.co.uk, Peter Valaitis, commented: “We are now seeing a number of areas in the UK performing well in these difficult economic times.

“It’s nice to see such an old company formation record fall; I see this as a sure sign that the economy of the area is heading in the right direction.

“In the long term, more entrepreneurial activity is very likely lead to more jobs and more revenue for Luton.”

This was posted in Bdaily's Members' News section by Tom Keighley .