Tamworth, Staffordshire (PRWEB UK) 23 January 2013
Staffordshire town, Tamworth experienced a drop in net company growth during the third quarter of last year, according to recent research by company formation agents, Duport.co.uk.
Between July and September, the company register increased by just 29, compared to 54 in the third quarter of 2011. However, the UK company share of the town did rise slightly during this period.
Tamworth council is working on regenerating the area with its Local Plan, which is set to run until 2028. The main aims of the plan are to raise the aspirations of residents, create opportunities for business growth and improve the physical and technological infrastructure of Tamworth.
Managing Director of Duport.co.uk, Peter Valaitis commented:
“The statistics in our latest report for Tamworth reflect the difficult economic conditions we are seeing across the UK as a whole.”
“However, the local authority is working hard to improve the prospects of the area, with a plan for sustainable development that spans into the next decade.”
Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.