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ROGER PEARSON

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FTSE 100 MARTIN THOMPSON -130.64 Boost for homebuyers Column - Page 7 6417.16

HUDDERSFIELD EXAMINER TUESDAY, JANUARY 6, 2015

Cycles and computers Interview - Page 3

An EXAMINER publication

KIRKLEES BUSINESS NEWS The business NEWSpaper for Kirklees

The pace of the UK economic has slowed but is still continuing, according to a Huddersfield-based business group. The latest quarterly economic survey from the Lockwood-based Mid Yorkshire Chamber of Commerce today said a number of key economic indicators have stabilised during this fourth quarter of the year. It added: “Although this time we have seen a fairly mixed bag of results, it is fair to say that the UK recovery is continuing, albeit at lower levels than we would like. “There is no doubt that economic conditions throughout the world remain difficult and our survey results throughout 2014 have been a reflection of the uncertainties which still abound for business as we enter the new year.” The survey, which polls chamber member firms across Kirklees, Calderdale and Wakefield, said home sales and orders bounced back to regain some momentum during the fourth quarter of 2014. Export sales and orders remained

By HENRYK ZIENTEK Business Reporter henryk.zientek@examiner.co.uk

difficult to secure, but exporters said they had arrested the significantly reduced levels of activity reported in the third quarter. Exporters cited exchange rates as their most pressing concern – with the continued strength of sterling against the euro and the US dollar making UK goods and services much less competitivelypriced in overseas markets. While business confidence had recovered to a degree, cash flow was an increasing concern. Chamber policy head Steven Leigh, said: “While it is good to see that Office for National Statistics and Office for Budget Responsibility figures confirm that the recovery continues in the UK, it should not be overlooked that a number of world issues, which will materially affect the prospects for business in 2015, have not gone away. “In addition to exchange rates,

depressed market demand in Europe and reduced levels of economic activity in other important world trading nations are having a big effect on global markets.” Mr Leigh said: “The chamber continues to lobby hard for our members and for the wider business community in our region for the best possible business conditions. “Only by creating genuine wealth can we truly achieve sustainable recovery and consistent economic growth.” Meanwhile, the latest Business in Britain report from Lloyds Bank, which tracks the balance of opinion on a range of important indicators, reported a slide in business confidence – largely driven by lower expectations for profits and orders over the next six months. Leigh Taylor, area director for SME Banking in the North East at Lloyds Bank Commercial Banking, said: “Although business confidence has slipped back, it is important to remember that the UK recovery remains on track.”

■■ Cash flow and exchange rates are key issues for Kirklees firms, says the Mid Yorkshire Chamber of Commerce

New company registrations for Huddersfield top 1,600 A record number of new businesses got off the ground in the UK last year – more than 1,600 of them in Huddersfield – according to new figures. Analysis by national enterprise campaign StartUp Britain showed that 581,173 businesses were registered with Companies House in 2014 – beating the previous record of 526,446 businesses logged in 2013 and 484,224 in 2012. Top performers on the entrepreneuri-

al map according to post code include Greater London with 184,671 businesses registered followed by Birmingham with 18,337 and Manchester with 13,054. The survey also reported high levels of growth in Yorkshire and Humberside and the East Midlands. In Yorkshire, there were 36,823 company registrations. In West Yorkshire, Huddersfield post codes accounted for 1,641 with Leeds at 6,778; Bradford at

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Funding success A group backing Yorkshire businesses has hailed 2014 as a success. Finance Yorkshire has fully invested its £90m fund into companies in Yorkshire and Humber ahead of schedule. The fund has made 694 investments in businesses across the region to create or safeguard 8,716 jobs and increase overall turnover in Yorkshire and Humber by £223m. Recipients include firms in Huddersfield, Shelley and Brighouse.

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Recovery slowing but still continues, says chamber

INSIDE

3,701; Wakefield at 2,730 and Halifax at 1,057. Elsewhere in the region, Sheffield saw 8,052 registrations with York at 3,184 and Hull at 2,219. Other UK hotspots for business startups included Brighton with 8,344 registrations, Glasgow at 8,173 and Bristol at 8,130, Commennig on the increase, Luke Johnson, chairman of the Centre for Entrepreneurs, said: “Starting a business

is easier, quicker and cheaper than ever thanks to new technology. Entrepreneurs have higher profiles than in the past and are seen as role models.” Figures from the Office for National Statistics suggest that as well as a rise in start-ups, there has been a marked drop in the number of business failures. The number of firms leaving the Companies House register last year fell by 6% from 253,000 to 238,000 .

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Back home A PR agency has returned to its home town of Brighouse. Faith PR, which was founded in 2007, has moved from Birstall into new premises at Thornhill Beck Lane as part of its expansion and aim to become the area’s leading PR and communications agency.


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