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North East businesses make growth league

Sunderland and Durham have been named as hotspots for business growth in a major new study.

A Royal Mail report named Lincoln and Swindon in its top two locations for growing businesses, followed by the North East destinations.

Four of the top 10 cities attracting new businesses were in the North East, suggesting a switch from public sector employment to new firms.

Stephen Agar, of Royal Mail, told the BBC: “It is encouraging to see how certain areas are experiencing focused and localised growth.

“We expect this trend to become even more evident over the coming months as businesses new to an area start to use the services of local suppliers.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .

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